Mystery Solved: $60 Million Gin Lane Buyer Revealed

Hedge fund manager Chris Shumway is the mystery buyer behind 104 Gin Lane—the mammoth-sized Southampton mansion that sold for $60 million last March—not Tiger Woods, as was previously reported. Chumway can afford it: He was reported to have made $400 million last year. A larger photo of the home is after the jump. [Newsday]
The owners of a four-bedroom apartment at the Dakota have lowered the price of the spread by 19 percent after four months on the market. The sixth-floor residence, which is owned by an unknown "Wall Street executive," is now available for the bargain price of $19.5 million. [WSJ, Curbed, Brown Harris Stevens]
Diandra De Morrell Douglas, the ex-wife of Michael Douglas, has gone into contract to sell her East 71st Street townhouse for $9.25 million, or $3.3 million more than what she paid for it three years ago. [WSJ]

104 Gin Lane
Mystery Solved: $60 Million Gin Lane Buyer Revealed