Pedigreed modern home in Amagansett gets a price chop

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The Tolan Residence in the Amagansett Dunes has gotten a nearly $1 million price cut after being on the market for nearly a year. Built in 1970 by architect Charles Gwathmey, the angular modern home was listed for $5.995 million in February and is now listed for $4.85 million. The home has four bedrooms and three baths on a one-acre plot that also features a pool and tennis court. Hara Kang, Justin Agnello, and James Keogh at Douglas Elliman have the listing. [Behind the Hedges]

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