Scott Bommer doesn’t like to stay in one place for too long, even if he did just buy that place for a then-Hamptons record $75 million in December—not when there’s a $93.9 million opportunity just down the road from it. Unfortunately, the SAB Capital Management founder is going to have to pay for some of that himself, as the market for Wooldon Manor was not quite as strong as he hoped. Read more »
It’s summertime and the living is easy. To make life even easier, however, DealBreaker is launching a weekly newsletter focused on escaping work and engaging in leisure. This summer, BeachComber will be focused on the Hamptons and your trip out there. Every Friday afternoon we’ll update you on the expected weather, traffic and parties you’ll be encountering in the East Egg of the twenty-first century. We might throw in a couple of links to business stories too.
For now, BeachComber will only be available by email. Sign up below by simply entering your email address. It’s free! First issue comes out this Friday.
(Also, if there’s anything you’d like to see–such as league tables for nightclubs, Further Lane party invitation origami–let us know. We’ll be happy to oblige.)