Horror In The Hamptons: Million Dollar Rentals Just Sitting On The Market, Unrented

This is serious.
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There are at least four properties in the Hamptons being offered for rent this summer for $1 million or more, according to an article in The Real Deal. Since many million-dollar rentals are not officially listed, with their rich owners preferring to market them more quietly, the actual number of seven-figure summer pads could be even higher. The most expensive is an eight-bedroom waterfront mansion in East Hampton, New York, that's being offered for $1.6 million for the summer. So far, no takers. [CNBC]

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