The Uber Rich are Losing Hamptons Homes to Foreclosures

There has been a drastic increase in home foreclosures in...of all places....the Hamptons, Long Island.  This posh enclave is home to some of the country's wealthiest citizens.

But as the New York Post reveals, homeowners in the some of the toniest ZIP codes in the Hamptons are facing a frightening reality - they can't afford to foot the bill for their high-priced homes, The Post has learned.

Some of the Hampton high rollers feeling the pinch are:

* Janice Becker, a regular on the Southampton village social circuit, is facing foreclosure on her multimillion-dollar Wyandanch Lane property.

* Advertising veteran Ransel Potter is defaulting on a $1.8 million mortgage on an Amagansett parcel.

* Real-estate honcho John Conroy is in lis pendens for a $3.5 million mortgage on a Bridgehampton spread on West Pond Drive.

* Former UBS executive Marc Warren is in lis pendens on a $1 million mortgage for a Mitchells Lane pad in Bridgehampton.

* Investor Roger Thanhauser is trying to sell a home on Main Street in East Hampton village to avoid foreclosure.

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Gambling911.com News Wire

Originally published May 12, 2008 11:49 am EST
 

 

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