A 40-acre estate in the Hamptons – the Long Island summer retreat of New York’s rich and famous, has been sold for $US90 million, a new US record for a residential property.
The New York Post cited sources close to the deal as saying the purchase was made by a Swedish industrialist who has rented the estate for the past few summer seasons.
To answer the obvious question… Assuming standard commissions (and this was far from from a standard situation), two real estate agents just earned $2.7 million in commissions!
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