Think again. Continue reading »
The Hamptons
Cass Almendral has been having himself a great summer — and he owes it all to his house. Half a mile from the Southampton train station, his eight-bedroom, $4 million 1890s farmhouse, complete with a pool and hot tub, has been the site of many a summer bash. But it’s done more than just serve as a party castle. It’s given Almendral his cachet with the ladies. “If you own a house, you’re at a huge advantage,” he says. “That’s why I’m single. Every summer I can have a huge adventure.” “I’ve had girls who’d take the bus over and linger around, then have sex with anyone who had a house,” says Almendral, the 50-year-old managing director of the Wall Street Solutions Group Inc. “They weren’t hookers. They got by through the kindness of strangers . . . they see the Hamptons as an adventure that’s also a safe, luxurious experience.”…Newbies on the city scene are quickly initiated into the game. “Some girls will pressure girls who are new to the city to be friends with a certain guy because of his Hamptons house,” says a 25-year-old woman who works at an investment banking firm. “It’s an overarching theme of the summer — find a guy with a home and date him.” [NYP]
Time was, the Hamptons could count on Wall Street guys taking home enormous packages at year-end to buy up its inventory of multi-million dollar homes. They’d come to a mutual understanding, if you will. Not only would they lay out $45 million in cash for a 12-bedroom spread, but they’d be happy to pay the same for some 2-bedroom hole 2 miles from the beach because why not? Now, due to the bloody financial crisis, people are actually stopping, thinking, and in some disturbing cases, negotiating on the price. Continue reading »
As the Appaloosa manager may have his hands tied at the moment, we’re happy to pass it on.
Subject: HOW DO YOU LIKE ME NOW? Continue reading »
Planning on getting out of town most weekends the next few months but not going points further than a 300 mile radius? Perhaps out East, on Shelter Island or Martha’s Vineyard? If you answered yes, please be sure transport doesn’t involve helicopter or, god help you, a car, because roads as a means of transport have been declared “over.” Continue reading »
Venture Capitalist Chris Burch Has The Audacity To Think Anyone Is Buying His Reason For Putting A 10-Foot Tall TV In His Hamptons Backyard
By Bess Levin
Christopher Burch is a venture capitalist (and ex-husband of designer Tory Burch) who’s got a Southampton vacation home and a dream: to build a 10-foot tall, 16-foot wide TV in his backyard. The contraption- which will be designed to last at least a decade, be positioned so it’s in view of the master bedroom, and come outfitted with a remote-controlled door in the event of rain- is so big Burch must gain approval from a zoning board, which his neighbors are trying to block. They’re pissed, as people tend to get over such things. “I’m totally against it,” shared Jonathan Foster. “It’s a shame when people have that kind of money,” Keith Tuthill said. Their fury, however, is misplaced. What their gears should be grinded over is the story Burch is trying to feed them re why he needs this TV.
Scott Casselman, a rep for the screen’s maker, Multimedia LED, insisted that the TV will not be used to create the ultimate man-cave — it would be put solely to the highbrow pursuit of displaying images of famous art works.
RIGHT. Continue reading »
Last March, we got a glimpse into Erin Callan’s post-Lehman life. It included living in East Hampton in the house she bought for $3.9 million in 2005, dating firefighter Anthony Montella, who she met in high school at St. Francis Prep, taking spin classes at Ride the Zone, where her instructor said she’s “the best student in the class” and looks “so great on her bike,” and just generally looking happy and “better than ever,” likely a result of 1) getting laid on the reg and 2) the fact that she’s been working on her ass, an effort that has apparently not gone unappreciated.
What’s she been up to of late? A lot of the same, though things with The Firefighter seem to have been taken to the next level. John Carney did a little investigating and reports that Erin is featured in Tony’s Facebook and Twitter profile pictures (so huge!); it also appears as though they’ve moved in together. Montella, for some reason, posted pictures of the love nest they’ve been co-habitating in on the internet, including one of where the magic happens. Continue reading »