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Off The Market

A multi-million dollar Bridgehampton farm has been sold, but Madonna's not involved? What gives? The 11.6-acre Morgan Hill Farm, currently in contract with unnamed buyer, has a 12,000-square foot house, indoor pool, tennis and hoops courts, and a deep discount off the original asking price. Originally listed for $27 million in 2007, the property, owned by a founding Goldman Sachs partner, had been most recently chopped down to $15.9 million. More importantly, how will this affect neighbor Kelsey Grammer? The actor has put his mansion on and off the market for years with nothing to show for it.