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# Crumbling Housing Market Exception
- URL: https://thedailyeudemon.com/1455/
- Published: 2005-06-21T22:14:22.000Z
- Updated: 2005-06-21T22:14:22.000Z
- Author: Eric Scheske
- Tags: TWE, #wpChunk

We stopped bidding when they refused to throw-in the clothes line and NASCAR memorabilia:

> A 40-acre estate in the Hamptons - the Long Island summer retreat of New York's rich and famous, has been sold for $US90 million, a new US record for a residential property. . .

> Owned by Adelaide de Menil Carpenter, heiress to the Schlumberger oil company fortune, the property's main residence is relatively modest - a three-bedroom, three-bath farmhouse.

> However, the estate includes a two-bedroom caretaker's house, two guest houses, several acres of tillable farmland, a fully stocked man-made fishing pond, a lap pool and, most importantly, a substantial stretch of private beachfront.

> The sale nearly triples the previous Hamptons' record of $US32 million that Seinfeld star Jerry Seinfeld paid for singer Billy Joel's mansion in 2000.

[Link](http://www.abc.net.au/news/newsitems/200506/s1397501.htm?ref=thedailyeudemon.com).