The Luxury Home of Bernie Madoff in the Hamptons

Published on September 6, 2009   | Print This Post Print This Post

Bernard Madoff – the un-disputed king of multi-billion dollar rip-offs – is watching (from behind prison walls) the selling off of his assets.

The latest is an oceanfront estate in the Hamptons, Long Island, expected to sell for $8.75 million USD which whilst a drop in the metaphorical ocean compared to the $65 billion USD lost through his Ponzi scheme, will go some small way to repaying his victims.

Map powered by MapPress

madoff pool

madoff lounge

madoff kitchen

The property, built in 1982, has four bedrooms and three bathrooms, is located in the village of Montauk spans 3000 square feet and boasts a swimming pool and panoramic ocean views.

Neighbours include fashion guru Ralph Lauren, and Oscar-winning actor Robert DeNiro.

The property is being sold by our luxury real estate associates The Corcoran Group.

There are many other homes and personal items of the Madoff’s also for sale as the authorities seek to claw back as much funds as possible to assist in the repayment of his debts.

Simon2.jpg Simon Turner

Follow me…200909071908.jpg

dotcomback

Comments

View Comments to “The Luxury Home of Bernie Madoff in the Hamptons”
  1. simonturner says:

    It's going to take a helluva lot of these homes of Madoff's to claw back $65 billion

  2. Mac says:

    There may be no hope for the greedy, I don't know?
    But what amazes me is how those around them allow themselves to be brought down too.
    How could they not have noticed the signs of a maniacal scheme and that one day it would implicate them just as much as the maniac.
    A gross feeling of inadequacy that leads to the need to be seen above all else in your field and at any cost is a dangerous cocktail leading surely to misery.
    Champagne anyone?

  3. Well, h certainly has a long time to think about what he did. ;-)

  4. Well, he certainly has a long time to think about what he did. ;-)

Trackbacks

Check out what others are saying about this post...
  1. [...] & FAMOUS The Hampton’s Home of Billion Dollar Fraudster Bernie Madoff WISE GUY Who Causes Damage to the Real Estate [...]

  2. [...] DESCRIPTION: An oceanfront cottage set on 1.2 acres in Sagaponack Village with 145 f. of glorious Gibson Beach beachfront. [...]



Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!


blog comments powered by Disqus