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Lee Radziwill's East Hampton Estate Sells for $72M After $120M Listing

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Dune Cottage, a historic estate in East Hampton, has sold for $72 million after being originally listed at $120 million. The significant price reduction came after the property spent an extended period on the market without finding a buyer. The estate was once owned by Lee Radziwill, lending it considerable cultural and historical significance. The property has also undergone major renovations after sustaining damage in a fire. The sale reflects shifting dynamics in the luxury real estate market.

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