Monday, 30 November 2015
Last updated 8 min ago
Jun 24 2011 | 12:01pm ET
Harbinger Capital Partners chief Philip Falcone has managed to swing a cut-rate vacation in the Hamptons, according to the New York Post.
Falcone will summer at the 10-bedroom, 18,000-square-foot Stone Meadow Farm (a property he once bid on) for about $700,000, or 30% off the asking price.
Falcone lost a bidding war for the property (which Mariah Carey rented in 2008) to heiress and entertainer Isabel Rose, who paid $12.5 million for it in 2009. Instead, says the Post, he decided to build his own home in Sagaponack, but that project is about six months from completion.
Falcone should be in for a comfortable two months at the "farm" which includes a spa, media room, tennis court and horse stables.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…