Licensed as Timothy G. Davis, Lic. Assoc. R.E. Broker At The Corcoran Group
Designer Tory Burch has paid $16million for a portion of the Westerly estate in Southampton.
The sale closed two weeks ago.
Tim Davis of The Corcoran Group confirms that Burch purchased six acres of land and the 25-room Georgian Revival mansion once owned by the late attorney Howard Gittis. Davis says a neighbor has paid $16.5 million for the remaining 7.3 acres on the former estate.
A carriage house on the estate is now also in contract for $6 million. That sale will close in a few weeks, Davis says.