$147 Million Sale in East Hampton Sets Real Estate Record

The most expensive residential property in the United States calls the Hamptons home, now that an 18-acre estate on Further Lane has sold for $147 million, according to a New York Post report. The East Hampton beachfront property was the former home of Tweedy, Brown Company managing director Christopher Browne, who died in 2009, and his partner, architect Andrew Gordon, who died last fall.

In addition to the excitement generated by the record-setting price tag, the East End real estate world has also been abuzz about the fact that no broker was used in the deal, but rather Browne’s relatives sold the home to Jana Partners hedge fund manager Barry Rosenstein, the Post later reported, topping the $120 million deal that went down for Copper Beech Farm in Greenwich, Connecticut two weeks ago.