Mayor Bloomberg Buys Big Ol' Bedsit in Hamptons

BUYER: Mayor Michael Bloomberg
LOCATION: Southampton, NY
PRICE: $22,500,000 (list)
SIZE: 22,000 square feet, 11 bedrooms, 8.5 bathrooms

YOUR MAMAS NOTES: All the New York City and Hamptons real estate gossips are hog wild over the news that three-time New York City mayor and mega-billionaire Michael Bloomberg is in contract to dump twenty million clams on a significant and substantial estate in hoity-toity Southampton, NY.

Listing information for the almost 35-acre spread shows the stately ivy-covered Georgian-style pile at the tail end of the winding half mile long drive was designed by F. Burall Hoffman and built in 1910 for Charles Blair MacDonald, the man who reportedly built the first 18-hole golf course in the country.

Mister Bloomberg, one of New York City's most eligible billionaire bachelors with a net worth estimated by the folks at Forbes to exceed eighteen billion bucks, isn't really known as a real estate size queen by all us celebrity real estate flibbertigibbets, particularly when compared to others with similar net worth. However, the mayor opted to blow it out in the Hamptons with a massive and well-maintained but decoratively out-dated 22,000 square foot mansion that includes 11 bedrooms and 8.5 bathrooms.

The grounds include acres of rolling lawns and pastures, mature shade trees, various riding rings, equestrian facilities–one of his adult daughters is a horsey sort of gal–tennis court, swimming pool and English gardens.

Like all good mega-billionaires Bloomie owns a number of significant properties in his property portfolio. His in town residence is a discrete 7,000-plus square foot bow-fronted townhouse on East 79th Street all did up and done over by nice, gay decorator Jamie Drake. When the communications tycoon became mayor in 2002 he declined to occupy the mayor's official residence, the grand Gracie Mansion, preferring to stay put on East 79th Street. In classic billionaire-only style Mayor Bloomberg reportedly spent $86,000,000 several years ago to acquire a pair of nearby buildings to house his personal offices and non-profit foundation.

The Mayor has long maintained a country residence as well, a pond-pocked estate with a groovy star-shaped mansion in Westchester County's semi-rural/quasi-suburban North Salem community and reportedly also owns an ocean view estate in in Bermuda's Tucker's Town, a ski condo in Vail and a 3,600 square foot triplex apartment on London's swanky Cadogan Square.

listing photos: Prudential Douglas Elliman Real Estate