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Ratner Goes West

Though rumors had him settling in Quogue, it appears Atlantic Yards developer Bruce Ratner has abandoned his $10 million Montauk estate for a $2 million property in Long Beach. Quite the downsize, but it's just been that kind of year. Not much is known about the 'modest' three bedroom off Arizona Avenue, but listing broker Susan Solomon did tell the Observer, 'It’s an oceanfront piece of property and, you know - it’s a big piece of property and it’s on the ocean.' Make of that what you will. [NYO; previously]