This sets a new record for the highest priced residential sale in the country (the previous record, set just two weeks earlier, was $120 million for the 50-acre Copper Beech Farm in Greenwich, CT). Christopher H. Browne, former managing director of the Tweedy, Browne Company investment firm, and his partner, architect Andrew Gordon, previously owned the beachfront property on Further Lane, which includes multiple gardens and ponds.
Houses with “For Sale by Owner” signs out front tend to be on the market at more modest price points. But, this sale was accomplished sans the assistance of real estate agents. Browne's family was able to sell the property on its own, leaving in its wake a line of not very happy brokers.
The Post, which had originally identified the estate’s new owner as a “mystery buyer,” later reported that it is in fact Barry Rosenstein, hedge fund manager of Jana Partners.
Before Rosenstein’s outing as the new lord of the Further Lane manor, Gothamist speculated (tongue in cheek) on who it might be, floating such names as Scrooge McDuck, the Ghost of Stonewall Jackson, and Zuul, the demonic spirit from the 1984 film comedy “Ghostbusters.”