The sale comes during a time when the Hamptons' housing market is in a slump.
But its rental market is on the rise, as wealthy city dwellers flee to the region to escape coronavirus hotspots like New York City. The home, originally listed for $60 million last year, was previously owned by the late rail tycoon James H. Evans.An unidentified buyer just splashed out $45 million for a 6.7-acre oceanfront East Hampton property. According to the, this marks the Hamptons' biggest sale closed so far this year.
The deal comes at a time when the Hamptons' housing market is in a slump, but its rental market is on the rise, as people fled big cities to suburbia amid the coronavirus pandemic. But according to the Journal, the home was in contract before the pandemic began overtaking the news cycle. The property originally hit the market last summer with an asking price of $60 million. It was built by James H. Evans, former chairman of the railway company Union Pacific,On April 10, the Wall Street Journal reported that an unidentified buyer paid $45 million for an oceanfront home in East Hampton.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
How a couple turned their side hustle into a million-dollar business - Business InsiderStacey and Paul Martino used online marketing to draw in potential clients who were struggling with divorce and other relationship issues. Florida's beaches allowed to open at local leaders' discretion. Department of Health has reported more than 25,000 coronavirus cases and 740 deaths.COVID19
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Top selling Air Jordans on eBay include Space Jam, Royals, Chicago - Business InsiderThe Air Jordan Bred 11 sold out of its pre-release drop on eBay in less than four minutes, making it the best selling Air Jordan on the platform.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Nintendo plans to produce 22 million Switch devices to address supply shortages - Business InsiderNintendo is increasing production of its popular Switch console to keep up with the surge in demand.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Robinhood closes in on $250 million funding round as demand for digital investment spikes - Business InsiderRobinhood is raising fresh funds, likely worth between $200 million and $250 million, thanks to a spike in demand for digital investment platforms.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Airbnb employees chipped in $1 million to help hosts - Business InsiderAirbnb employees chipped in $1 million from their own pockets to help economically devastated hosts, and that says something beautiful, and scary Wow, these guys are impressively devoted to their business So nice when people have the passion and courage to save a drowning situation for the better helping to stay afloat those involved and in positive need Small carrot now that they’ve beaten the rental market with a stick.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Sweden says leaving businesses open might be working - Business InsiderSweden left schools, bars, restaurants, and gyms open during the coronavirus pandemic. Experts say the strategy might be working. Sweden has more deaths per capita than the next 5 countries - what are you smoking ? PM Modi SAID I respectfully bow to the people of India... COVIDー19 lockdown coronavirus PM Modi SAID I respectfully bow to the people of India... COVIDー19 lockdown coronavirus
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »