Hamptons Home In Discount Bin

By Bess Levin

bridgehamptonhouse.jpgLate last year, an 18,000 square foot Bridgehampton house suffered the humiliation of foreclosure, an indignity that’s supposed to be reserved for Ed McMansions in California. Adding insult to injury is the news that the home, which features 8 bedrooms, 9 ½ baths, a pond, elevator and “flower-cutting room,” all set on 4-acres, has just seen its asking price reduced from $27 million to $19.5 million. The only thing that could possibly make this sad situation even worse is if Lenny Dykstra is able to successfully sell his Thousand Oaks home for the delusional price of $24,950,000 (i.e. 33% more than what he bought it for less than a year ago) before this place goes (which might actually happen, considering Nails is throwing in some deal-clinching extras, such as his “Discarded Dips of Distinction,” a collection of chewing tobacco from the great moments of one illustrious career, tastefully encased in a white gold-flecked display case). The silver linging? John Paulson, now shorting the individual mortgages of down-on-luck friends in the Hamptons, is going to make a killing on this one.
$19.5 Million Hamptons Mansion In Foreclosure [WSJ]

Comments (12)

  1. 1
    Posted by guest | June 26, 2008 at 4:04 PM

    haha
    foreclosed mcmansions are now “ed mcmansions”
    brilliance

  2. 2
    Posted by guest | June 26, 2008 at 4:11 PM

    whats an “18,000 Bridgehampton house”?
    square foot?

  3. 3
    Posted by guest | June 26, 2008 at 4:22 PM

    The more forclosures in the Hamptions the better. Hopefully the debt load will get so heavy that the place breaks off and sinks into the Atlantic, taking with it all the shitbags, fags, leftists, sports assholes, hollywood turds, Wall St stools, and rap-music clowns with it.
    Mr Billy

  4. 4
    Posted by guest | June 26, 2008 at 4:31 PM

    WTF? The video says that there are 12 bathrooms, not 9.5 like the article(s), and that it is listed for $19.995 million. Which is it?

  5. 5
    Posted by guest | June 26, 2008 at 4:36 PM

    Ass-cheese fo life.
    Artie Help

  6. 6
    Posted by guest | June 26, 2008 at 4:37 PM

    @4:31,
    WTF? You thinking of buying it?

  7. 7
    Posted by guest | June 26, 2008 at 4:43 PM

    @4:37
    With my nexy paycheck.

  8. 8
    Posted by guest | June 26, 2008 at 4:44 PM

    @4:37
    With my next paycheck.

  9. 9
    Posted by guest | June 26, 2008 at 4:47 PM

    Ooops, sorry about double post. Got excited.

  10. 10
    Posted by guest | June 26, 2008 at 4:47 PM

    I think you’ve invented a new and sexy word. Indeed, a “nexy” word.

  11. 11
    Posted by guest | June 26, 2008 at 4:53 PM

    @4:47
    LOL
    Kinda like a textual Freudian slip.

  12. 12
    Posted by Cincinnatus C | June 26, 2008 at 9:32 PM

    nexy..i like that!

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