Tisch, other Hamptons billionaires shamed by water authority
Three months after it hit the market for $8.5 million, the 0.8-acre spread in the East Hampton end of the village, owned by restaurateur B. Smith and her husband, has sold for $7.75 million, 27East reported. The new owner is an LLC with a Manhattan address. Built in 1954, the contemporary abode spans 3,400 square feet and contains three bedrooms and three baths. There’s an open plan living room, a loft with a widow’s walk, and 100 feet of private beach on Sag Harbor Bay. Smith used to operate an eponymous chain of restaurants, including one on the Long Wharf in Sag Harbor, but in recent years they’ve all shuttered in the wake of her struggles with Alzheimer’s disease. [27E]
