Financier Ian Snow was behind the Hampton’s priciest rental ever

Financier Ian Snow is behind the Hamptons’ priciest rental deal ever. Local developer Joe Farrell snagged a $2 million rent check for his “Sandcastle” estate from March through Labor Day. The home only sat on the market for one day before being snapped up, the New York Post reported. In April, Farrell said the renter was a “textile tycoon” who wanted to get out of New York City, gripped by the coronavirus at the time. While that descriptor appears to be a stretch, Snow and his firm, Snow Phipps, have in the past invested in clothing companies. [NYP] — Dennis Lynch