Billionaire sells $70M Hamptons mansion for insane discount

IN 2014, investor Barry Rosenstein spent a record $147 million on an East Hampton mansion — the Hamptons’ most expensive property ever.

Barry Rosenstein
Barry RosensteinSteven Ferdman/Getty Images

But now another East Hampton home that Rosenstein owns, at 27 Drew Lane, has sold for $35.75 million, according to property records.

That may sound like a chunk of change, but it’s actually just half of the home’s original $70 million asking price when it first listed in 2018.

Per an old Realtor.com listing, the modern home is a sprawling 13,626 square feet and sits on 1½ acres in East Hampton Village.

Hidden behind massive hedges, the mansion boasts seven bedrooms, 9½ bathrooms, a chef’s kitchen and a two-bedroom cottage, an office studio and a lap pool.

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