The Southampton estate of Arthur O. Sulzberger, the late publisher of The New York Times, has hit the market for $13.9 million, according to Curbed.

Sulzberger died last month at the age of 86.

The estate spans 6,500 square feet and sits on 2.2 acres. The home has eight bedrooms and 7.5 bathrooms.

It's a lovely home, but the listing touts it as a knockdown, saying the current building could be replaced with a 12,000-square-foot mansion. The listing also states the property is "priced for immediate sale."

DON'T MISS: A Townhouse On The East River Just Hit The Market For $48.75 Million

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The New York Post's Jennifer Gould Keil reports that billionaire hedge fund manager Phil Falcone, the founder of Harbinger Capital, and his wife, Lisa Maria Falcone, have listed 36 acres in the Hamptons for $7,995,000.  

Here's the description of the property from the listing on Corcoran: 

More than 36 acres, encompassing a pair of 2+ acre building parcels and a 32 acre reserve, present a variety of interesting scenarios along the farm fields of Water Mill's Deerfield Road. With each lot having room for a significant house, pool, pool house and tennis court and the reserve capable of hosting a significant equestrian facility, the possibilities for fertile minds seems endless....  

Back in June, the Securities and Exchange Commission sued Phil Falcone and his Harbinger Capital Partners with securities fraud.  Falcone's attorney called those allegations "completely unsupported."  

All that aside, check out the images via Corcoran: 

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Billy Joel has struggled to sell his Hamptons abode for nearly two years now.

And Hurricane Sandy didn't do the piano man any favors.

Next to Joel's Sagaponack home, where there use to be a beach, there is now an eight-foot drop off, according to The Real Deal.  

Jeffrey Colle, a high-end Hamptons developer located in Wainscott, told The Real Deal:

 “There's an enormous amount of erosion in the main dune. ... The road stops and you walk onto the sand usually, and, well, now the road stops and it’s just eight feet down."

Joel had lowered the price several times on the four-bedroom, six-bathroom house. It's currently asking $16.75 million. 

Joel and his now-ex wife bought the home in 2007 for $16.8 million, so now there's almost no chance Joel will even break even. 

Now tour Joel's Hamptons House >

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Health care mogul Vivek Garipalli has been identified as the controversial buyer of Tory Burch's Hamptons mansion, the New York Post is reporting.

Garipalli bought Burch's pad for $11 million, significantly less than the $22.5 million Burch purchased the home for from her ex-husband Chris Burch.

The $11 million selling price got Burch's neighbors, such as David Koch and Calvin Klein, Leon Black, Ambassador Clifford Sobel, and Rachael Ray, up in arms, worrying that selling price would hurt the value of their respective homes. Their homes range in value from $30 to $50 million.

Garipalli, co-owner of Bayonne Medical Center, plans to rip down Burch's home, which sits on 4.5 acres. The Post reports he's planning to build a 7,100-square-foot home in its place.

Now see how Tori Burch created a $2 billion empire in less than a decade >

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While parts of the East Coast are still recovering from Hurricane Sandy, one Hamptons homeowner thought it was the right time to list his waterfront home.

The Southampton mansion was listed for $30 million just a week and a half after Sandy ravaged the shorelines, according to Curbed.

It appears that this is the first waterfront property in the Hamptons to be listed since the hurricane.

The house has five bedrooms, 5.5 baths, and spans 7,000 square feet.

The listing photos look gorgeous, but one has to wonder if Sandy really did no damage to this house.

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The Hamptons got an injection of culture when the new Parrish Art Museum, the first new art museum on the East End in a century, opened its doors in Water Mill this weekend.

Plans to move the museum from its longtime home in Southampton to the hamlet of Water Mill were announced several years ago, but it wasn't a smooth journey.

After Swiss architecture firm Herzog & de Meuron revealed its blueprints for the new structure, the project's $80 million budget was slashed by two thirds and the architects were forced to go back to the drawing board.

The result was a simplified design — instead of interlocking galleries, the museum was built as a long, narrow barn with a corrugated roof, New York Times architecture critic Nicolai Ouroussoff wrote in 2009.

For the most part, Ouroussoff liked the scaled-back design, noting that it took advantage of the light and blended well with the surroundings. But he lamented that the architects were forced to simplify their design to keep within their budget:

What’s scary is what the design suggests about the future. Is this kind of downscaling the beginning of a trend? Herzog & de Meuron is not the only architecture firm that is being put through this process. Just a few days after I saw the new Parrish design, Rem Koolhaas told me that he was in a similar predicament over a condo and screening room design in Manhattan.

It makes you wonder if the cultural consequences of the financial collapse will be as liberating as some have predicted. I’ll be as gleeful as anyone if the excesses and vulgarities of the past decade really do turn out to be over. But it will be a shame if the atmosphere of creative experimentation that coincided with them is over too.

Even so, now that the building is complete, reactions have been mostly positive. Bloomberg's James S. Russell recently visited and praised its simplicity, writing:

Up close the Parrish is quietly monumental. Its great length — 615 feet, or about two football fields — and almost windowless solidity exude a powerful primordial calm. It makes the many dormers of the wannabe French Provincial winery next door look tortured.

The new Parrish has three times the exhibition space of the old museum, as well as an event space that will likely be popular with the Hamptons society crowd come summer. Its collection includes more than 2,600 works, many of which are on display for the first time.

Photographer Jeff Cully at EEFAS praised the new museum's size and open layout. He shot some aerial video of the museum in the days before the opening, and shared it with us.

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Tory Burch and her ex-husband, Chris, are engaged in a legal battle over his role in her eponymous multi-billion dollar brand and his new fashion line. 

Tory's attorney said that Chris, who gave her $2 million to start her business eight years ago, is "ripping off" her ideas. For his part, Chris isn't backing down, releasing a clothing brand that looks very similar to Tory's that sells for a fraction of the price. 

They're at each other's throats.

But decades ago, before the lawsuit, the couple fell in love in the Hamptons, Chris told Vanity Fair's Vanessa Grigoriadis. 

It all began when Chris gave Tory a ride: 

"“Tory and I had become friends, and I gave her a ride out to the Hamptons,” recalls Chris. “I thought she was cute as a button—‘Hmm, she’s cute.’ We went out a couple times, and within a very short period I thought, That girl’s fun, that girl’s cute.

But Chris didn't think Tory was ready for a commitment: 

Tory had 18 boyfriends. She was dating everybody. Then we had a weekend at my house, and my girls, who were really young, loved her. She was playing tennis with them. It just kind of snuck up on me.”

But says he ultimately loved being around her: 

 “It wasn’t about looks,” he says. “She had brown hair and I like blondes.” Her ambition? “No,” he says. “It wasn’t a list of things. I just enjoyed being around her.”'

The couple soon married. Since their divorce in 2006, they've had to remain somewhat civil: the former couple has six children they're raising together.

Read the full Vanity Fair piece here. 

DON'T MISS: How Tory Burch Created A $2 Billion Empire In Less Than A Decade > 

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Ladies and Gentlemen, we are not this lucky every day.

The NY Post reports that Lloyd Blankfein just bought a sprawling new 7.5 acre Bridgehampton estate for $35.5 million. He hasn't sold his old Hamptons house but, we're fairly certain he's not worried about that.

The new 8,000 square foot house boasts 6.5 bathrooms, a pool and tennis court, plus plenty of space (formal living and dining room) to entertain.

We'll be waiting for invitation to the house warming.

The area of the estate is outlined in white.

Here's the main house.

Bright rooms inside

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After several years on the market and several price chops, ad mogul Jerry Della Femina has sold his sprawling Hamptons estate for $25 million, The New York Post reports.

Della Femina, who initially tried to get $40 million for the property, blamed President Obama for forcing him out of town.

“I want the proceeds of this sale to go to my kids and my grandkids,” he told The Post's Jennifer Gould Keil and Selim Algar. “I don’t want my money going to Obama, and that’s what’s going to happen in the New Year. That’s why I sold right now, that’s why I wanted to get this done.”

“I’m basically the loser in Obama’s class warfare,” he added.

Curbed Hamptons has heard that the buyer is David Zaslav, the CEO of Discovery Networks and the third-highest paid CEO in America.

The East Hampton house has eight bedrooms, 6.5 bathrooms, and sits on nearly 1.7 acres.

The estate is on prestigious Lily Pond Lane in East Hampton.

There's a heated pool in case the ocean is too cold.

The 7,000-square-foot mansion is three stories high.

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After letting it languish on the market for four years, Kevin E. Parker, global head of Deutsche Asset Management (who stepped down from the bank's executive committee in May), has chopped the price on his Southampton estate from $30 million to $25.8 million, according to Curbed Hamptons.

It seems that Parker is really fed up, since he has also switched real estate agencies from Corcoran to Sotheby's International Realty.

The house has 10 bedrooms and sits on over three acres of prime Hamptons property. The 13,000-square-foot mansion also includes eight full bathrooms, a gym, a wine cellar, an all-weather tennis court, and both main and service driveways.

An aerial view of 385 Great Plains Road from above, including the tennis court, salt water pool, and manicured lawn.

Source: Sotheby's International Realty

A view of the staggering main entrance and gravel driveway.

Source: Sotheby's International Realty

The service entrance has its own separate driveway in the back of the house.

Source: Sotheby's International Realty

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Last year, hedge fund titan David Tepper famously bought a $43.5 million oceanfront mansion in Sagaponack — and promptly tore it down so he could build one twice the size.

It looks like construction on the property is moving along nicely. At this rate, it could be completed in time for the summer season.

Aerial photographer Jeff Cully at EEFAS shot these photos of Tepper's beachfront estate in late December and shared them with us. Looks like Tepper's new home will have two hot tubs, a large cabana, and tennis court.

Check out the size of the swimming pool:

As a reminder, here's what the construction pit looked like in March:

And the home he tore down:

SEE ALSO: Meet The Fabulously Rich And Famous Residents Of Southampton

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Despite complaints from the neighbors, Today Show anchor Matt Lauer and his wife Annette have started construction on a 30-acre horse farm they are building in Water Mill.

The pair closed on the $3 million property in October, and are constructing an indoor riding facility and second barn, The New York Post reported at the time.

Due to zoning rules, Lauer can't build a home on the property. Good thing his $15 million Hamptons mansion is just down the road.

Aerial photographer Jeff Cully of EEFAS snapped these photos of the construction, and shared them with us. Looks like Lauer has some work to do before his horses can move in.

SEE ALSO: Meet The Fabulously Rich And Famous Residents Of Southampton

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After years of construction, it looks like fashion mogul Calvin Klein is nearly finished building his dream home on Southampton's prestigious Meadow Lane.

Klein spent nearly $30 million on the beachfront property back in 2004. Five years later, he tore down the historic castle that had stood there since 1929 and started replacing it with a glassy black box of a house.

The 10-acre lot is "destined to become a major trophy property," brokers told The New York Times in August.

We imagine Klein's Meadow Lane neighbors, who include David Koch and Leon Black, will be relieved when the construction is finally done.

Jeff Cully at EEFAS snapped these exclusive photos of Klein's Meadow Lane rebuild for us:

Meadow Lane runs along a broad stretch of beach in Southampton

The home is almost complete, but still needs a few finishing touches

It will have floor-to-ceiling windows in every room facing the ocean

10 acres affords plenty of privacy

Here's the "castle" Klein tore down to build his dream home. The new design could not be more different

SEE ALSO: Meet The Fabulously Rich And Famous Residents Of Southampton

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Bill and Hillary Clinton are reportedly house hunting in the Hamptons, the New York Post is reporting.

This would not be the first Hamptons house for the duo, who previously rented a $19 million mansion on Lily Pond Lane.

And while the Hamptons offers a wealth of incredible properties, Curbed believes it may have found the political power couple their very own Hamptons White House: a large estate in Water Mill South.

The estate, which is listed with Douglas Elliman, has a tennis court, Jacuzzi, infinity pool, eight fireplaces, a wine cellar, and a private pier right on Mecox Bay, not to mention 20,000-square-feet of space and four acres of land.

The property also comes installed with Crestron security cameras that can be controlled and monitored from anywhere in the world — an important security measure for the high-profile couple.

The asking price has not been publicly disclosed.

An aerial view of the huge 315 Rose Hill Road property shows its proximity to Mecox Bay.

Source: Douglas Elliman Real Estate

Welcome home, Bill and Hillary.

Source: Douglas Elliman Real Estate

Do you see the resemblance to 1600 Pennsylvania Avenue?

Source: Douglas Elliman Real Estate

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Brokers and landlords hoping to kickstart this season’s leasing activity in the Hamptons are seeing renters showing a preference for spots further east, the New York Post reported.

Ernie Cervi, executive managing director of the Corcoran Group’s Bridgehampton office, told the Post that renters were interested in places such as Amagansett and Montauk. “There is new life to those areas,” Cervi said, “so it’s attracting another group of people.”

Indeed, a slew of happening late-night venues have opened in Montauk over the last few years, including the Surf Lodge, Ruschmeyer’s and the Sloppy Tuna, which have attracted the young, rich and restless set. Amaganset’s proximity to Montauk’s nightlife, Jeff Steinhorst, vice president of Nest Seekers International, told the Post, was boosting its appeal. “We have three calls for Amagansett for every one for another area,” he said.

Houses on the beach and those located in the villages continue to carry serious cachet, Cornelia Dodge, a broker with Halstead Property, told the Post. All the stuff that’s in the village, people love. They can walk to town, walk to dinner. Anything within walking distance goes first,”

The rental season has already begun, brokers say, and has been helped by the fallout from Hurricane Sandy, which damaged many other beaches close to New York City but left the Hamptons in relatively good shape. Last week, a $30 million 4.3 acre estate, Southhampton’s first listing post-Sandy, went into contract. “We’re getting a lot more people because of Sandy,” Cervi said. “People from other beach communities, from Long Beach, from New Jersey, they’re out to test-drive the Hamptons.” [NYP]–Hiten Samtani

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It's absolutely frigid in the New York City but a bunch of young people will be thinking about weekends in the Hamptons today — Ruschmeyer's is now taking reservations.

If you're not familiar with the hotel, it may be because you're not a "Hampster" (Hamptons + Hipster), the term coined by blog Guest of a Guest to describe the young Warby Parker wearing crowd that flocks to the hotel pool every weekend.

Now, just because "Hampster" contains the word Hipster don't think of this crowd as your Brooklyn, broke artist type. Rooms start at $335 over the weekend and cocktails cost about $14.

The hip element comes from the hotel's design. It's very minimal — Think: Rooms with bunk beds and decor that includes teepees with ironic quotes on the walls.

On Saturday nights especially Ruschmeyer's has come to be considered one of the hottest spots in the Hamptons, despite its tip-of-Long Island Montauk location.

Start thinking summer.

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The Hamptons have always been a hot summer rental market.

But this year, the biggest checks are being written earlier than ever, Jason Sheftell at the New York Daily News reports.

One developer, who rented a home to Jay-Z and Beyonce last August for $400,000, has already turned down a $400,000 offer for a similar home this year. And homes that regularly lease for $85,000 a month or more are moving quickly.

It's not just the lure of the beaches, A-Listers, and parties that are driving the mad dash, according to Sheftell.

One reason for the rush of early offers is that there are fewer homes for sale out east. This means that people who want to summer in the Hamptons have to rent, which pushes rental prices sky-high.

Wealthy renters also want to minimize the hassle and stress of finding the perfect summer home, and the earlier they start their search, the more options that are available to them.

The bottom line: if you want to rent a house in the Hamptons this summer, start looking now and expect to shell out.

SEE ALSO: Tour The Wild Hamptons Mansion That Jay-Z And Beyoncé Are Supposedly Renting For $400,000 A Month

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A $6 million mansion in the Southampton hamlet of Noyac burst into flames Tuesday morning and burned for hours, according to Southampton Patch.

The fire reportedly started just before 11 a.m. The homeowners were home at the time, but no one was injured.

The home has been on the market through Douglas Elliman and contains "sculptures and modern art everywhere," according to its listing.

Not anymore.

Aerial photographer Jeff Cully happened to be in the area while the house was ablaze, and sent us these shots.

DON'T MISS: The 7 Best Hotels In The Hamptons

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Southampton's Linden Estate is back on the market, this time for $45 million through Corcoran Real Estate Group.

According to Curbed Hamptons, it was previously listed for four long years before supposedly being sold to James H. Clark, co-founder of Netscape, and his Australian swimsuit model wife last summer for an undisclosed price.

But it seems the title never changed hands, as Curbed reports the home is still registered to the original owners — former Esprit executive Juergen Friedrich and his wife. And now the 18,000-square-foot estate is up for grabs once more.

Originally built in 1915 by architect Grosvenor Atterbury, the house has both an indoor and outdoor pool, a grass tennis court, gym, carriage house, and an impressive 12 bedrooms.

The mansion was available to rent for $850,000 a month last year,and was listed in July for $49 million.

Welcome to the gorgeous Linden Estate.

The house sits on nine acres of land.

The property has its very own grass tennis court.

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Curbed reports that "Chateau Aromois", a beautiful East Hampton home built by late value investor Christopher Browne, is on sale for $22.9 million. 

The five-bedroom, five and half bathroom home listed by Brown Harris Stevens was originally put on the market for $28.5 million. 

Browne, a famous value investor and the co-founder of mutual fund company Tweedy Browne, did much of the lush landscaping on the property himself, according to Curbed. He died three years ago of a heart attack. He was 62.

It's definitely a dream home and now we're going to take a photo tour. 

Here's an aerial shot of the property.

Source: Brown Harris

The home was built in 1998.

Source: Brown Harris

The house features a stucco exterior.

Source: Brown Harris

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