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Former Lehman exec's Hamptons pad goes into contract

The former head of a Lehman Brothers company

The former head of a Lehman Brothers company has put his oceanfront estate in Amagansett on the market for $31 million. According to public records, the property is owned by Jack L. Rivkin, who retired last summer as executive vice president, chief investment officer and head of private asset management at Neuberger Berman. The house has a bowling alley. For Home Section / Valerie Kellogg. FOR LSCRIBS27 ( Handout ) ltc Photo Credit: NEWSDAY/handout

Retired Lehman executive Jack L. Rivkin has gone into contract on his six-bedroom home in East Hampton, according to the Sotheby’s International Realty website.

The 1.86-acre property hit the market for $31 million in early 2009, and is currently listed at $26 million.

The 7,000-square-foot house has 7 ½ baths, a gym, a heated pool with a pool house and a bowling alley. The property comes with private deeded access to the beach, and there’s also a renovated English barn that dates to the 1600s.

In 2008, Rivkin stepped down executive as vice president, chief investment officer and head of private asset management at Neuberger Berman, then a Lehman Brothers company. He now sits on the the board of directors of Idealab in California.

Sotheby’s Kathy Konzet is the listing agent.


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