Community Corner

Report: Russian Billionaire Bachelors Snapping Up Hamptons Mansions

The New York Post reports several of Russia's wealthiest are paying handsomely for a summer on the East End.

The rubles are rolling into the Hamptons as several prominent Russian businessmen are showing interest in the East End this summer, The New York Post reports.

One Russian billionaire, who owns chains similar to Home Depot and Petco, has reportedly rented a 12-bedroom mansion in Southampton for more than $800,000. 

Recently a Russian composer dropped nearly $24 million for a mansion in Southampton, and it is rumored new Nets owner Mikhail Prokhorov is looking at beach mansions in Sagaponack.

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