Tory Burch's $22.5 million tear-down has been approved by the Southampton Architectural Review Board. A few concessions were made to get the go-ahead, as the designer's architect agreed to lower the height of the planned house so that a neighbor wouldn't lose her ocean views, natch. Reports surfaced that the house suffered severe water damage following a burst pipe in the past few years. [CityFile via SVR; previously]
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