Wall Street Cribs: The Hamptons
Manhattan is undoubtedly the finance capital of the world; every major bank, hedge fund, private equity, or management firm has operations there. But a few hours’ drive east takes you to its summer capital; the Hamptons.
Originally a group of sleepy villages, the Hamptons has transformed into America’s unofficial Riviera, its white beaches and raging nightlife has attracted celebrities far and wide and has given more opportunities for models and bottles than what your average analyst might handle.
Partying there is one thing, having a second home there to party in is another.
Here’s a peek at some of Wall Street’s movers and shakers summer cribs:
The subprime rockstar bought his new digs in 2008 for $41.3 million. The 20,000 sq. ft. mansion, which has a dining room that can sit 600, sits on 10.44 acres of lakefront land and features a pool, a tennis court, a carriage house and a guesthouse.
72000 square feet? Damn
lol these guys suck...If I have that much money, I will buy a fucken island from Greece and in my private jet.
i have a friend from the hamptons. He wears gucci, hermes, and dior everyday and still considers himself working class.
about the Richard Perry pool in living room.... it makes the room STINK of chlorine and also makes it very humid. Very nice for show, not so nice to live in. I'm not saying I wouldn't want to own one though ;)
29 bedrooms and 39 bathrooms is absurd. And why the fuck does anyone need two bowling alleys in their house?
Ours is not to reason why, ours is but to do or die.
LOL, these houses are absurd. Ironically, I'm looking to make my millions by bringing back sanity to the housing market by building beautiful, desirable, value-adding homes that are 2,200 to 3,000 sqft. 72,000 sqft house is obscene. But in fairness, these aren't actual neighborhoods to speak of, but estates.
If I had 50M to buy property, I'd buy a castle in the south of France; a mansion on Mykonos Island, another house in Bahia, Brazil and a chalet in Switzerland. And the best part would be that I would have 25M left over. I find the Hamptons are crazy overpriced to accomodate alpha male egos and pissing contests. There are much better and cheaper vacation spots all over the world, for the rich who are more focused on being on vacation than being seen.
Praesentium nihil dolore harum ut eos. Et voluptatem quia iure sapiente. Facere odio ipsum et et numquam odit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...