US Billionaire/Millionaires Lane: Fashion Designers, Real Estate Tycoons and Wall Street Financiers...
-Meet Those Who Live on the East Coast's Most Exclusive 5-Mile Stretch with a Private Beach and Helipad
- South Hampton's Meadow Lane is said to be one of the nation's most expensive addresses
- The five-mile road boasts a stretch of private beach and a helipad whisking residents to Manhattan in 20 minutes
- The area's high-profile residents include Wall Street financiers, hoteliers, fashion designers, and more
- The median price for a home on the waterfront stretch was just under $18 million on 2012
Daily Mail UK, 23 May 2015
As the nation's high rollers live it up in lavish, million dollar homes across the country, a five-mile stretch of The Hamptons is proving to be one of the nation's most expensive addresses, home to the one percent of the one percent.
South Hampton's Meadow Lane boasts a long stretch of private beach and a private helipad that can whisk residents to Manhattan in 20 minutes
Dubbed 'Billionaire Lane' by Forbes, the only thing more impressive than the area's luxuries is its residents. The five-mile strip is home to the nation's elite from fashion designers and CEOs to real estate tycoons and hoteliers.
Lane: South Hampton's Meadow Lane, dubbed 'Billionaire Lane,' is said to be one of the nation's most expensive addresses, many of the nation's elite call the five-mile stretch home
I
n 2012, the median sale price of a home was just under $18 million.
While the strip of land's high-profile residents include celebrities, the waterfront stretch is mainly home to Wall Street financiers.
David Koch, executive vice president of Koch Industries -- and New York's richest resident with a net worth of just over $42 billion -- has a seven-bedroom mansion on 'Billionaire Lane' valued at $23.2 million.
Some of the residents even buy the already-lavish homes and step the luxury up a notch.
Mansion: Fashion designer Calvin Klein (photographed) built a waterfront glass-and-concrete mansion in the extravagant Meadow Lane which boasts billionaire CEOs and famous homes
Fashion designer Calvin Klein tore down a massive property in the area and built a glass-and-concrete mansion for $75 million, Business Insider reports.
In 2014, Jimmy Tisch, CEO of Leows Corp. bought the 11-bedroom mansion where Diane Keaton and Jack Nicholson filmed scenes of 'Something's Gotta Give' for $41 million, according to Business Insider.
Anyone looking to live in one of the Hampton's most exclusive towns is in luck. A property with a tennis court and heated pool is on the market for just over $24 million -- crack open your piggy bank!
Tore it Down: The designer tore down a castle-like mansion (photographed) on Meadow Lane to build his massive dream home (here, crews are seen working to demolish the multi-million-dollar structure
Millions: Klein reportedly spent $75 million to construct the massive property (photographed), including the land; he tore down the castle-like home, which had stood in the area since 1929
Movie Scenes: In 2014, Jimmy Tisch, CEO of Leows Corp. bought mansion where Diane Keaton and Jack Nicholson filmed scenes of 'Something's Gotta Give (photographed)' for $41 million
Massive Mansion: Tisch's mansion is 8,000 square feet and has 11 bedrooms; in 2013, Tisch was named one of the most powerful people in the Hamptons
Billionaire: David Koch (photographed) , executive vice president of Koch Industries, has a seven-bedroom mansion on 'Billionaire Lane' valued at $23.2 million
Tycoon: Aby Rosen (photographed), real estate tycoon, owns a property on 'Billionaire Lane' valued at $21.5 million; recently Rosen's plans to redesign the Four Seasons restaurant were rejected
Four-Lot Compund: Leon Black, Apollo Global Management founder, owns a four-lot compound valued at nearly $43 million, Forbes lists Black's net worth at just over $5 billion
CEO: Daniel Och (photographed), CEO of Och-Ziff Capital Management Group, has a 7,000-square-foot mansion valued at just over $20 million
Veteran: Long-time 'Billionaire Lane' resident hotelier Ian Schrager purchased a 10-bedroom property in the 80s valued at just over $19 million
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