There's been a flurry of property sales in the Hamptons over the spring and winter. Of course, the biggest, headline-making sale was to hedge funder Barry Rosenstein, who picked up 60 Further Lane, the 18-acre oceanfront showplace, for a mere $147 million. His Further Lane neighbor, last year's big headline maker, hedgie Steven A. Cohen, who spent $60 million, is reportedly looking to unload the house after his spot of bother with the SEC.
Another huge deal was hedge funder (sensing a pattern here, folks?) Scott Bommer spending a cool $75 million buying historic Gin Lane estate Wooldon Manor right before the New Year. Then he decided for reasons best known to himself to put it right back on the market weeks later. Bommer then purchased 93 Lily Pond Lane, East Hampton, in March. Then, just for the hell of it, he also purchased 101 Lily Pond Lane and 97 Lily Pond Lane, which weren't even on the market, for a total of $93.9 million.Read More