Long Island mansion once owned by Phillipines dictator hits the auction block

Ferdinand Marcos kept the 14-bedroom house as a summer home in the 1980s

TRD WEEKEND EDITION /
Sep.September 02, 2018 10:00 AM

Former Phillipines dictator Ferdinand Marcos and 16 Sedgemere Road on Long Island

A Long Island mansion once owned by late Philippines dictator Ferdinand Marcos is hitting the auction block with a starting bid of $2.1 million.

The 10,000-square-foot, 14-bedroom home at 16 Sedgemere Road in Suffolk County once served as the summer home for Marcos and his shoe-loving wife Imelda, the New York Post reported.

Stanford White-designed home was appraised last year at $4.4 million. Now, Maltz Auctions is conducting a pre-foreclosure auction Sept. 13.

Marcos — who ruled the Phillipines from 1965 to 1986 — owned the Long Island between the years of 1981 and 1987, according to the Post. He died in 1989.

Marcos had hid his wealth in an entity that at one point controlled the leasehold interest at the 40 Wall Street office tower, which is now owned by President Trump.  [NYP] — Rich Bockmann


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