Residential Real Estate
Romer Debbas, LLP is proud to announce that it has closed a landmark residential transaction in the Hamptons this month
Romer Debbas, LLP is proud to announce that it has closed a landmark residential transaction in the Hamptons this month. La Dune, as the property is referred to, is a famous property that was seeking $150 million as recently as this summer. La Dune subsequently went into bankruptcy and we represented the buyer who won the bankruptcy auction. The winning bid was $88 million and broke the firm’s record for the largest residential transaction it has ever closed, which was $72.5 million and took place just last month. This transaction closed in less than 45 days from the date of the auction and was spearheaded by partner Sarah Tadros Awad, Esq. as well as co-managing partner Pierre E. Debbas, Esq. Most notable to Sarah’s experience is working on a $88 million purchase in the Hamptons, which is one of the highest priced transactions at the firm