"My Husband Paid $250,000 To Join The Golf Club, And He Doesn't Even Play Golf."
New York Times :
In spring, along with the daffodils, crowds on the ferry and workers raking the beaches, comes the ritual of real estate gossip. What properties changed hands over the winter? And who could possibly be paying those out-of-sight prices?
That 15-acre waterfront parcel for sale for $15 million? It was snatched up after only one day on the market. Turns out the purchaser was Steven Rales, the billionaire entrepreneur who owns at least 61 acres next door and bought the parcel to protect his privacy and waterfront views, said Dalton Frazier, a local real estate agent.
First Posted: 06- 5-05 12:39 AM | Updated: 03-28-08 02:43 AM