Andrew Cuomo Buys 7-Acre Southampton Home
Andrew Cuomo was handily rejected by New York City voters, but he’s ready to embrace the Hamptons lifestyle.
The former New York governor purchased a home in Southampton for $9.6 million, the New York Times reported. The property is in Remsenburg, an enclave of the town. The deal closed a little more than three months ago and almost a year to the date of the New York City mayoral primary, won by Zohran Mamdani.
The address of the waterfront property was not disclosed, but Traded reported that the home is at 74 Cedar Lane, which was put on the market last year for $11.9 million. Cuomo appears to have made the purchase through a limited liability company in all cash.
The 7-acre estate includes a main home that once served as a hunting lodge, but today features a spacious nine bedrooms and nine-and-a-half bathrooms. There’s also a four-bedroom guesthouse, a saltwater pool, a tennis court, a five-car garage and more than 230 feet of frontage on the water.
Douglas Elliman’s Lauren Spiegel represented the undisclosed seller in the deal.
Cuomo plans to use the property as a summer house while selling the empty lots, potentially for development. He will continue to maintain his Manhattan apartment, according to his spokesperson.
During his mayoral campaign, he paid $8,000 in monthly rent to live in an apartment formerly used by his daughter.
Cuomo became one of the most well-known governors in the country due to his outspoken response to the Covid-19 pandemic in 2020. A year later, however, he resigned in disgrace after being accused of sexual misconduct, which he denies.
Since his failed mayoral run, Cuomo has pivoted into the private sector for one of the first times in his career, launching consulting firm Innovation Strategies. Clients include Nano Nuclear Energy and OKX, an offshore cryptocurrency exchange.
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