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Off The Market

Blackstone Group CEO Steven Schwarzman just unloaded his East Hampton house for $6.25 million, reports the Post. Down from a $7.2 million asking price, that's a $1 million chop—eh, just a drop in Schwarzman's solid gold bucket. Power couple Thomas Gallagher and Alice Jarcho-Gallagher are the new owners of the four-bedroom house that sits on 2.1 acres with tennis court and pool. Does this mean Schwarzman is headed out of the East End? Hardly. A newly-renovated $34 million estate in Water Mill is home now. [NYPost]