Billionaire sells $70M Hamptons mansion for massive discount

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

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.

CLICK HERE TO GET THE FOX NEWS APP

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.

Click for more from the New York Post.