Goldman's Blankfein Said to Buy 7-Bed Home in NY’s Hamptons

Lloyd Fonzie Blankfein

Goldman Sachs CEO Lloyd Blankfein bought a seven-bedroom home in New York’s Hamptons that was listed for $32.5m, a person with knowledge of the deal said.

Bloomberg reports that Blankfein, 58, took title to the property on Ocean Road in Bridgehampton in recent weeks, said the person, who asked not to be named because the transaction hasn’t been made public. The person didn’t disclose the price for the home, which was most recently offered for $32.5m, according to Zillow.com.

Property records reported by LexisNexis list the owner as ‘Fein, Blank.’ The sellers were Matthew Mallow and his wife, Ellen Chesler, records show. In August, Mallow, who was named earlier this year as general counsel at BlackRock Inc. (BLK), and Chesler, a senior fellow at the Roosevelt Institute, hosted a fundraiser at the house for President Barack Obama that was attended by Vice President Joe Biden, according to reports in the New York Post and on the website of the Sag Harbor Express.

'For the most discerning, this classic Hamptons estate-home, situated on magnificent grounds, offers the ideal blend of every modern convenience and amenity within its early 20th-century construction', according to a June 2009 rental listing for the property on StreetEasy.com, a real estate website.

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Blankfein Said to Buy Seven-Bedroom Home in NY’s Hamptons

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