CEO John Foley scooped up a $55 million compound in East Hampton
and listed by Hedgerow Exclusive Properties, initially went on the market in September for $52.5 million, and sources say Foley purchased the property on December 2 for $3 million over-asking.
The East Hampton compound was built by famed Hamptons architect Francis Fleetwood, known for his shingle-style, romantic country homes. Spanning 6,100 square feet on a four-acre plot, the home has five bedrooms and seven bathrooms. The property is ultra-secluded and private, flanked by towering trees on every side.
The home is located near the beach and faces the water; there is beachfront access and more than 400 feet of water frontage. There’s an in-ground pool with a stone deck, as well as plenty of outdoor space for lounging and entertaining. The two-story home has an oversized lower level and a private second floor, with separate wings housing the primary suite and other bedrooms. Sundecks abound on both floors, offering immaculate views of the water.
Further Lane is a prestigious lane in East Hampton known for sprawling estates and pricy homes. Past and present neighbors include fashion designer Calvin Klein, billionaire Ken Griffin, Jerry Seinfeld, hedge fund manager Jim Chanos, gallery owner Larry Gagosian and many more.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Campbell Soup CEO says some causes of inflation will be more difficult to overcome'I do expect that as we cycle through the next six to 12 months, we're going to see some improvement and relief in some areas,' CEO Mark Clouse said.
Read more »
What Is Tim Cook's Greatest Contribution To Apple Since He Became CEO?Apple's products, along with their services division, are on track to soon make Apple the first three trillion-dollar company in the world.
Read more »
UTA Bulks Up With $125M Purchase Of MediaLink; Strategic Advisory Firm CEO Becomes PartnerFresh off some deft Wall Street moves earlier this month, UTA is now scaling up fast with the acquisition of strategic advisory firm MediaLink. Already a player in branding and marketing circles wi…
Read more »
McDonald's claws back $105 million from fired CEO Easterbrook, accused of hiding relationships from boardMcDonald's announced Thursday it has settled its lawsuit against former CEO Steve Easterbrook, clawing back his $105 million severance payment.
Read more »
McDonald's claws back $105 million from fired CEO Steve EasterbrookMcDonald's has a settled a lawsuit with former CEO Steve Easterbrook, forcing the disgraced executive to repay his severance package of more than $100 million.
Read more »
McDonald’s claws back $105 million from fired CEOMcDonald’s said former CEO Steve Easterbrook has paid back $105 million in cash and stock stemming from his 2019 ouster, resolving a lawsuit in which the company accused him of covering up inappropriate relationships with subordinates
Read more »