The Real Deal New York

Check out the priciest home sales on Long Island’s North Shore

Amid buzz over $100 million listings, the median price for luxury homes fell 5.5 percent

March 30, 2016 04:46PM
By Miriam Kreinin Souccar

34 Shore Drive in Great Neck

34 Shore Drive in Great Neck

From the Long Island Market Report: Long Island’s glitzy North Shore made headlines in September with the listing of a $100 million, 8-acre estate. The Gatsby-style 60,000-square-foot property was built by Tamir Sapir, a Russian émigré who made a fortune in New York real estate. He sold it for $15.85 million in 2013 to a mystery buyer who never moved in and is now trying to flip it for roughly six times the original price. [more]