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Captain's Manse Goes Artistic, Sleight House Goes Corporate

Well, it's been confirmed: Two separate buyers have purchased American Hotel owner Ted Conklin's Sag Harbor homes at 107 and 115 Division Street. The historical Captain's Manse, an 8,000-sq-ft 7 bedroom, 7.5 bath home hit the market back in July 2010 for $6.5 million, while the adjoining property's 4 bedroom, 3 bath Mini Me, known as the Sleight House, went on at $2.5 million.

Carol Ostrow, Producing Director of NYC's Flea Theater, along with her husband, Michael Graff, purchased the Captains Manse for the final selling price of $5 million. No word yet on who's behind the LLC that purchased the Sleight House, which went for an odd $1.4855 million.

In a 2007 interview, Conklins spoke about how he liked to spend his time at these Sag Harbor properties:

First, let me tell you that in my country house, the stove isn't connected to the gas, I've never made a pot of coffee there, and the limit of my "personal entertaining" is a beer after work, some Chablis and a local cheese poolside in summer, or a Port or Cognac at fireside in the cold months. This might help explain the Sleight House's curious closing price.

· 107 Division Street, Sag Harbor [Corcoran]
· 115 Division Street, Sag Harbor [Corcoran]
· Real Estate Transfers 05/17/2011 - 05/23/2011 [Hamptons.com]
· All Previous Ted Conklin Coverage [Curbed Hamptons]

—Charlotte Bayless