The conceptual photographer and filmmaker Cindy Sherman has just purchased a rustic Hamptons compound, according to a report by The Real Estalker. The 10.2-acre waterfront property lies not far from the home of the late Abstract Expressionist Jackson Pollack, who died in an auto accident on the roads here in 1956. Since then the artsy enclave dubbed "Springs"—or is it "The Springs"?—has attracted additional artists, like Kurt Vonnegut and Willem de Kooning, attracted by the low prices associated with Hamptons property so far from the ocean beaches. Not that the prices are low anymore. Pollack and wife Lee Krasner may have paid just $5,000 for their 1.25-acre lot, but times they have a changed. Sherman paid a Wall Streeter some $4.65M for the 10 acres and a collection of shingled cottages and barns. That's quite an uptick in property values over the last 60 years, but at least artists are still getting deals out here: that very same finance exec spent $5.2M to acquire the place in 2009.
· Photographer Cindy Sherman Snags Springs Spread [The Real Estalker]
· We've Got Questions, You've Got Answers [Curbed Hamptons]
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