A Swedish financier reportedly is paying $90 million — 699,561,009 kroner — for a 40-acre tract of oceanfront property in New York’s East Hampton. And get this: Robert Weil, who owns Sweden-based private equity firm Proventus, is said to be getting a bargain.
“If the sale is true, a few years from now, looking back, we will think it was a deal,” New York broker Diane Saatchi, senior vice president of The Corcoran Group, told Forbes.com.
If it’s true — the deal hadn’t closed as of last week — Weil’s purchase bumps Palm Beach off its No. 1 spot on the list of top residential sales in the United States, a record set in October when Revlon boss Ron Perelman sold his Casa Apava holdings for $70 million to Virginia home builder Dwight Schar. That sale included furnishings in the 26,000-square-foot main estate on the ocean, plus additional vacant land on the Intracoastal Waterway.
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