Hedge Funds
Serial Hamptons house flipper and hedge fund manager Scott Bommer is selling his three Lily Pond Lane properties, and he’s getting $110 million for them in an off-market deal. Bommer, of SAB Capital, is reportedly in contract to sell the properties. If it closes, it will be the second most expensive purchase in the Hamptons on record and the fifth most expensive residential purchase in the country. The most expensive Hamptons transaction was activist investor Barry Rosenstein’s ... [more]