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Wenner Rolls into Montauk

Rolling Stone founder Jann Wenner and his partner Matt Nye have just closed on a sizable 6,300 square foot oceanfront in Montauk. Just up the street from Madoff's old digs, Wenner paid $11.9 million for the 8 bedroom manse - $3 million less than the $14.9 million asking price. The seller was Jersey City developer George Filopoulos, who downsized to a $4 million abode across the street. [NYP]