Michael Rubin, the billionaire style, buying and selling card and sports activities betting titan, has picked up a second beachfront residence on Bridgehampton’s Dune Highway.
The founding CEO of Fanatics and host of the A-list “White Occasion” inked a deal to buy the 4,200-square-foot residence at 167 Dune Highway that sought $42.5 million, the New York Post reported. The vendor was an unidentified household basis tied to actual property mogul Donald Zucker.
The ultimate worth for the five-bedroom, six-bathroom residence beneath contract was not disclosed. Jennifer Wilson of Saunders & Associates represented the client.
“It’s an iconic Hamptons residence,” Wilson instructed the Put up. “It’s conventional, old style and really lovely.”
The 2-story shingled residence sits subsequent to the fashionable mansion the place Rubin hosts his White Occasion in July. Friends at this month’s bash included Snoop Dogg, Martha Stewart, Teyana Taylor, Tom Brady and Jay-Z.
Rubin purchased the 8,000-square-foot modern mansion at 187 Dune Highway in 2020 for $50.1 million.
Rubin rented the house subsequent door for per week in the course of the gathering, not for his white-clad celeb visitors, however for safety, an unidentified supply instructed the tabloid.
In-built 1994 from a design by Francis Fleetwood, the house sits on 3.14 acres and has 300 ft of oceanfront alongside a non-public seaside alongside the Atlantic Ocean, on a spit reverse Mecox Bay.
The house contains an open chef’s kitchen and lounge round a big hearth, with panoramic views of the ocean and bay, according to the listing.
The lounge opens onto an oceanfront deck, whereas a den shares the saltwater views. The bottom ground features a main bed room with a sitting space, spa-like rest room and terrace. Upstairs, additionally accessible by way of an elevator to beneath the house’s many gabled roofs, are 4 visitor bedrooms with ensuite loos.
Exterior, there’s a pool, summer time kitchen and a pool home with a shower and moist bar, plus an out of doors bathe.
Fanatics, a world sports activities platform that sells licensed fan attire, buying and selling playing cards and collectibles and operates digital sports activities betting and dwell occasions, is anticipated to rake in $13 billion in income this yr, in accordance with the Put up. Forbes pegs Rubin’s wealth at $9.6 billion.
In 2018, the then co-owner of the Philadelphia 76ers and New Jersey Devils paid a report $40 million for a penthouse at Ian Schrager’s 160 Leroy Street in Manhattan.
– Dana Bartholomew
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