Hedge funder who broke national sales record lists old East Hampton digs for $70M

Hedge fund manager Barry Rosenstein has listed his oceanfront East Hampton home for $70 million. After buying the Drew Lane property in 2005 for $19.2 million, Rosenstein tore down a 1920s-era cottage and built a modern seven-bedroom, 9½-bathroom home in its place. The property also boasts a two-bedroom guest cottage, a 62-foot lap pool and a separate garage with office space. The Jana Partners founder is expected to move into a new house he’s building on a plot off Further Lane, which he purchased in 2014 for a record-breaking $137 million. [WSJ]