CEO Ivan Kaufman Buys Bridgehampton's “Three Ponds” for $35M
Ivan Kaufman, the CEO and president of real estate lender Arbor Realty Trust, has just purchased the famed Three Ponds Farm in Bridgehampton for $35 million, reports the New York Post.Jun 1, 2019What is the land at Three Ponds Farm?
Among the structures at Three Ponds Farm are a 25,000-square-foot Italianate residence, a carriage house, a caretaker’s cottage, an orangerie, and a pro-shop.
Who bought the Arbor compound?
It was seeking $60 million in 2018 and was last listed for $49 million. New York Post reported the buyer was Ivan Kaufman, the CEO and president of Arbor Realty Trust, a real estate investment company.
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