Last month, news broke that hedge-funder David Tepper spent as much as $50 million on a 6.5-acre oceanfront spread in Sagaponack. Recently recorded deeds now shed more light on the transaction, indicating that he only paid a measly $43.5 million (even though brokers were told nothing under $50M would fly). Regardless, the deal is still well on its way to becoming 2010's most expensive Hamptons transaction. [Real LI; previously]
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