Since clothing designer Tory Burch sold her Meadow Lane mansion at a loss this fall, some of her Southampton neighbors have worried that the $11 million sales price would lower the value of their own nearby properties. An unnamed source told the New York Post that, despite the water damage Burch’s home had sustained from broken pipes, “everyone in the neighborhood is staggered that she sold it at such a low price. It has sparked [more]
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