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Designer Tory Burch pays $16 million for Southampton house

Southampton's Westerly has a new agent -- and

Southampton's Westerly has a new agent -- and a new asking price. Now listed with Tim Davis of The Corcoran Group, the 14.5-acre estate is on the market for $45 million. For Home Section / Valerie Kellogg. ( Handout ) Photo Credit: HANDOUT/handout

Designer Tory Burch has paid $16 million for a portion of the Westerly estate in Southampton.

The sale closed last Friday.

Tim Davis of The Corcoran Group confirms that Burch purchased six acres of land and the 25-room Georgian Revival mansion once owned by the late attorney Howard Gittis. Davis says that another neighbor has paid $16.5 million for the remaining 7.3 acres of land on the former estate.

A carriage house on the estate is now also in contract for $6 million. That sale will close in a few weeks, Davis says.


Permission The Corcoran Group

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