Legendary Hamptons property auctioned off for debt repayment

Once listed for as much as $140 million, an 11.4-acre East Hampton estate was auctioned off for a credit bid of only $700,000 to repay over $6 million in debt. The estate, known as Briar Patch, had belonged to Chris Whittle, who founded exclusive private school network Avenues: The World School. The Wall Street Journal … Read more

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