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East Hampton’s Grey Gardens Sells for $15.5 Million

The seller was journalist Sally Quinn, who owned the property with her late husband Ben Bradlee, the longtime executive editor of the Washington Post.


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WSJ Real Estate

MANSION When the Empty Nest Also Accommodates a Crowd

Katrina Wittkamp for The Wall Street Journal

As the last members of the large baby-boom generation become empty-nesters, demand is growing for dual-purpose homes that can be cozy for a couple, but also comfortable for a crowd. Architects are designing compartmentalized floor plans, with separate guest cottages or wings that can be closed off, or open floor plans with barn or pocket doors to subdivide spaces. Or they find creative uses for rooms that, for only a few days a year, house friends and family.

The Wish List: Home Pros Pick Their Splurge Items

Calvin Baines

When it comes to must-haves for the home, there is no need to covet thy neighbor’s. We asked a host of interior designers, top executives, developers and others in the know, to dream big for the holidays. Here are some of the one-of-a-kind items on their wish lists, along with items they have installed in others’ high-end homes.

East Hampton’s Grey Gardens Sells for $15.5 Million

The Corcoran Group

Grey Gardens, the East Hampton, N.Y., mansion immortalized by a documentary and an HBO movie, has sold for $15.5 million. The seller was journalist Sally Quinn, who owned the property with her late husband Ben Bradlee, the longtime executive editor of the Washington Post.

COMMERCIAL REAL ESTATE The Slow Death of the American Mall

The rise of online retail and changing consumer preferences have hammered U.S. shopping malls since their heyday in the 1990s. Many of these former engines of commerce and centers of community life are now mere skeletons as they fight for their lives.

Treasury Will Allow Fannie, Freddie to Retain Small Capital Buffer [WSJ Pro]

Pablo Martinez Monsivais/Associated Press

Mortgage-finance giants Fannie Mae and Freddie Mac will retain some of their quarterly earnings as part of an agreement between the Trump administration and their regulator to allow the companies to build a small buffer against future operating losses.

HOUSE OF THE DAY A Hawaii Retreat to Hone Your Downward Dog

Gelston Dwight

This contemporary home on Kauai, listed furnished for $16 million, has an open-air yoga pavilion overlooking the ocean.

GREATER NEW YORK REAL ESTATE $1 Billion Plan Will Bring the New York Islanders Back to Nassau County

Kevin P. Coughlin/Office of Governor Andrew M. Cuomo

Gov. Andrew Cuomo on Wednesday rolled out a $1 billion plan to bring the Islanders back to Nassau County with a state-of-the-art new arena. The new stadium will feature 18,000 seats, with a 435,000-square-foot retail development attached and 10,000 square feet of office and public green space.

DESIGN WSJ.’s Best Home Photography of the Year, From Modern Apartments to Luxurious Getaways

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Frank Lloyd Wright’s homes around the country, designer Angela Missoni’s compound in Sardinia and art dealer Emmanuel Perrotin’s out-of-this-world Paris apartment all make the list.

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