Thursday, December 21, 2006
The House Booze Bought
SELLER: Edgar Bronfman Jr.
LOCATION: Amagansett, New York
SIZE: 6 bedrooms, 7.5 bathrooms
DESCRIPTION: (much shortened from the listing agent's website) ...The main house was completely renovated in 2000 and has every modern convenience...The gourmet eat-in-kitchen has everything a chef will love...The spacious living room is fabulous for entertaining and leads into the formal dining room...media room...amazing master suite with his and her offices and baths...full basement with large media/billiard room and two full bathrooms...heated gunite pool and patio...beautiful guest cottage and an attached garage.
YOUR MAMAS NOTES: Now, all Your Mama's educated children out there know that while the Bronfman family became rich by selling booze to everybody, this Bronfman, whom friends calls "Efer," has branched out into more creative fields and endeavors. Not only does he head up Warner Music, he has produced Broadway shows and Hollywood films. But the most interesting side-job Efer has is as a songwriter. This scion of American big business has written songs for the likes of Celine Dion and Barbra herself.
So really, booze didn't by this house, but Your Mama thought it was a catchy headline.
Anyhoo...According to forbes.com Efer also has yet another side-gig in real estate. Seems he's bought and sold several high-end properties in the Hamptons in the last couple of years including the purchase of a $31,000,000 Bridgehampton property. Lahwd children, Your Mama gets dizzy when thinking about such big numbers.
Efer bought this property down on Indian Wells Highway only in the Spring of 2005 for $12,500,000 and has already put it back on the market. Guess this is what the uber rich do instead of renting a summer house. They buy 'em, live in them for the summer, and sell them on at a huge profit. In this case it's looking like a $2,500,000 profit.
While there is a gorgeous 42-foot pool tucked back in the corner that is perfect for sunbathing in the nude, guest house, fancy gardens by an award winning garden designer, and it's just a 2 minute walk to the sand, Your Mama wants the children to note there is no tennis court for the sportif minded.
Posted by Your Mama at 9:17 AM