03/18/2010 05:12 am ET | Updated May 25, 2011

Jann Wenner Buys $11.9 Million Montauk Waterfront Home

It's rock 'n' roll time in Montauk. After summering in Martha's Vineyard rentals with partner Matt Nye, Rolling Stone founder and publisher Jann Wenner is back on the East End.

Wenner just closed on a 6,300-square-foot, three-story waterfront home on Old Montauk Highway for $11.9 million.

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