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Goldman Sachs CEO Sells $13 Million Hamptons Home

May 20, 2016

According to the Wall Street Journal, Goldman Sachs CEO Lloyd Blankfein has finally sold his home in the Hamptons. After several previous attempts to sell with other real estate firms, Blankfein listed the property three months ago with Douglas Elliman Real Estate agent Susan Breitenbach.

The home located on Parsonage Lane in Sagaponack was first listed in 2007 for approximately $14M. The home was listed again in 2015 for $16.996M with subsequent price reductions to $15.9 and then $14.5. Susan Breitenbach of the Douglas Elliman Real Estate listed the property in February 2016 at $12.995M and now has the property under contract. See WSJ article by Candace Taylor

According to, Lloyd Blankfein and his wife Laura built the 6,500 square foot house two decades ago. The seven bedroom residence sits on 2.7 acres and features a media room, gym, sunken tennis court and a 45-foot pool with pool house. See article by Tom Clavin

According to Business Insider, the Blankfeins purchased another home in 2012 in Bridgehampton worth $32.5 million. Business Insider writer Dennis Green states that this is ‘reportedly the reason’ Blankfein decided to sell the Sagaponack property. See Business Insider article

Actor Richard Gere just listed his North Haven mansion with Douglas Elliman Real Estate’s Susan Breitenbach. According to, the celebrity’s home had not sold previously even after an $11 million price reduction. By listing with Corcoran, Gere is hoping to have the same result as Blankfein.

Nicholas Malinosky and Randy Ely congratulate their fellow Douglas Elliman Real Estate agent, Susan Breitenbach on a job well done. Mr. Malinosky and Mr. Ely are honored to be associated with the Douglas Elliman Real Estate and enjoy networking with some of the real estate industry’s top agents in both South Florida and New York.

Would you like to sell your South Florida luxury home? Please contact Mr. Malinosky and Mr. Ely – the #1 Luxury Team in the Beach Area – to discuss the current luxury real estate market.