Word on the beach is that Artist Setsuo Ito has decided to keep the bidding going on his multi-million dollar Water Mill estate. The next and last opportunity to place a bid will be August 28th—the property's final open house, which will be catered by the Golden Pear. In other words, savvy (and hungry) buyers should definitely mark their calendars. Broker Jacky Teplitzky explains that "adding a third date makes sense, owing to the ongoing interest and the responses [she has] received from qualified buyers and brokers in New York City and the Hamptons." That said, the auction is also particularly monumental—the property was once listed for $30 million, and is now up for grabs with no minimum bid—so why not generate as much interest as possible?
· Artist Setsuo Ito to Auction off His $10.995M Estate [Curbed]