Film producer Karen Lauder is reportedly in contract to purchase an $8.65 million shingled cottage on Pudding Lane in East Hampton. The newish construction will offer Lauder high-end moldings, several fireplaces, and almost an acre of manicured property. But there's a silver lining to this silver lining! Even if the ex-wife to former Estee Lauder CEO William Lauder pays full price, she'll still save almost $2 million off of the property's original asking price. (According to Streeteasy, when the property first hit the market in November of '09, the price topped off at $10.5 million.) True or false: Messy divorces matter a whole lot less with Lily Pond Lane at your doorstep?
· Karen Lauder buying East Hampton home [Real LI]
· Listing: Coveted Pudding Hill Lane East Hampton Estate [Saunders]