The Post reports that Dutch hedge funder Alex Roepers has plopped down a pretty big chunk o' change for land on Southampton's lauded Meadow Lane. The '4 empty acres on the ocean' he purchased near Dune Beach went for about $17.5 million, less than owner ex-Warnaco CEO Linda Wachner was looking for. The parcel was listed for $25 million and was once a part of a historic $65 million listing that 'included 9 other acres and Wachner’s 8,500-square-foot, 10-bedroom, 12-bathroom home'. [NYP]
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