Buying and selling real estate in the communities of Long Island
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Donny Deutsch buys Bridgehampton home for $20.5M
A publicist for Donny Deutsch has confirmed that the ad executive and TV personality recently bought an oceanfront Bridgehampton home and, according to the Long Island Real Estate Report, he paid $20.5 million.
Deutsch, through the entity 1251 Ocean Road LLC, purchased the estate from former Lehman Brothers president Joseph Gregory, public records show.
Gregory, who lives in Lloyd Harbor, put the 2.5-acre property on the market for $32.5 million in 2008, the year the global finances services firm declared bankruptcy.
The 9,500-square-foot shingled home fronts 200 feet of beach. There are eight bedrooms and 8.5 baths, including two master suites and six ensuite bathrooms. The second story contains a salon for entertaining. There is a 50-foot pool and a spa.