Home     All Posts     Feed     Search     Contact

Marketplace

Ruth Hampton

Ruth HamptonBeach House Madoff clearance sale

Currently in prison serving a sentence of 150 years of one of the biggest scams in history, Bernie Madoff sits watching his property being sold off one by one in an effort to compensate victims of his crime. The last item on the chopping block is his luxury home on the beach Hamptons. It was not a sighted person in his ordinary life, and this is reflected in his house. There are no tennis courts or houses, in fact, it is not even a garage, but the house is ideally situated on the beach near the surf.

The house has a subtle elegance, with a sober designed to enjoy the panoramic views of Long Island available in most parts of the house. The large covered terrace and pool can also magnificent views of the ocean and easy access to the beach, just steps away.

The show is simple, but spectacular with vaulted ceilings, exposed beams and stone fireplace. Half the room is lined with windows, skylights and provide additional sunlight, giving an open and airy feel. Overstuffed leather furniture sitting by the fire looks comfortable and inviting.

There are four bedrooms with three bathrooms, convenient, but smaller than you expect from today's standards. The master bedroom on the second floor is amazingly clear with no walk-in, but the expansionist wall of windows and the repeated use of beams and wood floors is impressive. A private patio opens to reveal a beautiful ocean view.

The dining room has large windows overlooking the ocean, creating an atmosphere of seaside dining. The small room contains only solid wood, a panel of eight wooden chairs and support. The kitchen is not fancy, but quick and efficient, with large openings to allow mixing with guests, and those ubiquitous ocean views.

At just over 3,000 square feet on 1.2 acres of land, home of Bernie was registered at 8.75 million with the Corcoran Group, it seems, the government is looking for at least 7 million dollars from the house board. When Madoff bought in 1979, it was worth three million dollars. Even in a falling market, this man would have made a substantial profit. The contents have been seized, and personal effects, furniture or other home is sold. According to Deputy U.S. Marshal, Roland Ubaldo, all that is inside will be sold at auction, from pieces of art shoes Ruth Madoff. "

In addition to the beach house, brokers will be frantically selling Madoff apartment in Manhattan and Palm Beach, Florida real estate, totaling approximately $ 25 million. Initially it was believed that Madoff guilty of defrauding dozens of billions of dollars. Now, after investigation, those billions of dollars figures are the result of statements padded. Bernie never really invested any money, simply channeling funds from new investors to pay existing ones.

The house Madoff not stand out among the neighboring houses, but sitting quietly, which allows occupants to enjoy the best of this region has to offer - probably just the way he wanted Bernie.

Posted on April 5, 2010.
Share |

Comments

There are no comments.

Leave a Comment

Your Name
Your Email
Comments
Human Check. Type 4652.

Most Recent
Ronnie Van Zant
Sienna Guillory
Reginald Arvizu
William Moseley
Robert Leeds
Priscilla Presley
Ethel Merman
Josephine Hutchinson

Other Sites
Marc Jacobs Shopping
HTC Touch Zone
Cinesource
Car Zing
Vespa Store
Skechers Superstore
Anne Geddes Store
Fred Perry Shopping
Muscle Carts
Welterweight Online