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Here's Two Signs That The Hamptons Economy Is Doing REALLY Well

May 4, 2014, 18:43 IST

Flickr/Lock

You can stop worrying folks, it looks like economy is doing just fine for people who summer in the Hampton's.

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First, the NY Post reports on a record real estate deal:

An 18-acre estate in East Hampton has been sold for $145 million, sources say, setting a new record for the highest priced residential sale in the nation. But the buyer remains a secret.

"Everybody out here is totally mystified," one local told me.

The beachfront property on Further Lane - with formal gardens and a pond - was the dream house of Christopher H. Browne, managing director of the Tweedy, Browne Company investment firm, and his boyfriend, architect Andrew Gordon.

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Brown died of a heart attack at age 62 in a Florida bar in December 2009, leaving almost his entire estate to Gordon, his partner of 10 years.

Meanwhile, on the anecdotal side, the must-follow Joe Schwenk, a handyman who goes by @hamptonsborn tweets:

And he also tweeted this, which is amazing

So again, you can stop worrying about how the Hamptons are doing this year. Seems everything is just fine.

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