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With $75M Deal, Vince Camuto's Estate Gets $27M Over Ask

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In a somewhat surprising turn of events, Nine West founder Vince Camuto has sold his Southampton Wooldon estate, which hit the market in July for $48M, for a record-shattering $75M—when the deal closes, it will be the highest price ever paid for a single-family spread in the Hamptons. In the first half of the 20th century, the 10,000-square-foot pile was part of a summer estate so epic that this waterfront English tudor building (with 12.5 bathrooms!) was the pool house for an even grander main manse, which was ultimately demolished in '41. With a glass-covered swimming pool, private gardens, and 500 feet of beach frontage, Wooldon just the kind of opulent one would expect for the heiress to NYC's late, great Woolworth's department store fortune, and indeed Jessie Woolworth Donahue once called the estate home. Anyway, the Wall Street Journal reports that Camuto and his wife, Louise, are scheduled to ink the deal on the house as well as the surrounding land (which at least partially explains the extra $27M) on Friday. Now if only they can find another eager buyer for their other historic Hamptons property.

· Shoe Designer Vince Camuto In Contract to Sell Southampton Property for $75 Million [WSJ]
· Southampton Oceanfront [Corcoran]
· All Vince Camuto coverage [Curbed National]