We're likely to report on a lot of real estate deals getting done and head-splitting prices this summer. In that spirit, here's a doozy to get things started: Page Six reports that Lisa Bonder Kerkorian's airy Bridgehampton "barn" has gone to contract somewhere south of its $7.9 million asking price. Two years ago, it hit the market priced at $16.3 million. Deflation at its finest!
· Listing: Bridgehampton Barn [Corcoran via CityFile]
· Sold at Last [Page Six]