Adelaide de Menil Carpenter (great-aunt of last week’s cover boy, artist Dash Snow) has finally sold her 40-acre Further Lane estate—for about $100 million. That’s up from estimates of $90 million, when the suitor was thought to be Swedish financier Robert Weil. Sources claim the $100 million buyer is mutual-fund manager Ron Baron, who’s currently constructing a house on eleven acres he owns down the street. Baron was in the news four years ago for hiring private security to keep trysters from the Two Mile Hollow gay beach off the dunes on his property. Brokers say it’s a good buy. “That’s a bargain,” opines Corcoran’s Diane Saatchi, who says Yahoo chief Terry Semel paid $43 million for his nearby fifteen acres last year. Through his publicist, Baron denied the purchase.

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• Archive: “Intelligencer”
• Articles by S.Jhoanna Robledo
• Table of Contents: Jan 22, 2007 issue of New York | Subscribe!