Fordune Family Estate Sells, The Hamptons Luxury Real Estate, Long Island Photos, Architecture
Fordune Estate in the Hamptons, New York
May 7, 2021
Fordune, the Hamptons, Long Island
Former Ford Automobile Family Estate Sells Big In Hamptons!
Location: The Hamptons, Long Island, New York State, USA

Source: www.toptenrealestatedeals.com
From the Gilded Age to today, the Hamptons has been a summer home for the super wealthy. During a year of pandemic, its popularity has grown even more for those craving fresh ocean air and space. According to a recent report from Douglas Elliman, Hamptons home sales jumped 37% in 2020, and prices were up 40% to a median of $1.2 million. The area?s luxury real estate is being snapped up so quickly that very little is left on the market, but one recent sale has drawn particular interest. According to the New York Post, Fordune the 42-acre estate of Henry Ford, II, which was priced at $175 million in 2017 and reduced later to $145 million, has recently gone under contract. The final sale price is expected to be one of the largest ever in the Hamptons and the United States.
Towards the end of the 19th century when rail lines opened the connection between the Hamptons and New York City, the monied class began flooding the Hamptons? villages and beaches in the summer months. The summer social season was filled with soirees and house parties where elites could rub elbows with their peers. Every year, more of America?s celebrities, business leaders...