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June 12, 2010

Bruce Ratner Drops $5 Million On Hampton Bays Home

Huffington Post

Divisive Atlantic Yards developer Bruce Ratner just closed on a Dune Road estate in Hampton Bays for $5 million.

Ratner sold his $10 million Montauk property in 2009.

The ocean front home has 5 bedrooms, a pool and a three car garage.

Worth it?

link

NoLandGrab: Click through to have a look at the slide show. It's a gorgeous setting — Forest City CEO Chuck Ratner might call it "a great piece of real estate" — but the place itself looks like a cheese factory akin to cousin Bruce's Atlantic Center mall. Sure, Ratner's decorator hasn't had at it yet, but finish-wise, it looks like it won't survive the next hurricane.

Posted by eric at June 12, 2010 4:23 PM