The Most Expensive House in America Just Sold for $147 Million
The most expensive home in the United States just sold for $147 million in a private transaction, making local real estate agents very unhappy. The 18 acre estate is located on 60 Further Lane in East Hampton.
The lucky purchaser was Barry Rosenstein, the hedge fund manager of Jana Partners, and he bought it from the estate of Christopher H. Browne, the former managing director of an investment company.
If there had been a 6% commission on this transaction, the Realtors would have made 8.82 million.
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