The Real Deal has an in depth look at Ira Rennert’s mega property in the Hamptons, which was consistently in the news when it was first built due to its huge size and expense. We remember Rennert spent about $110 million.
For example, it is 62,000 square feet, on 63 acres of prime oceanfront. It is valued at about $248 million, although some think as much as $500.
As always, it is still surrounded by controversy.