he listed his sprawling 26-acre estate in Oyster Bay for an eye-watering $49 million. Records show Joel acquired the property, initially spanning 14 acres, in 2002 for $22.5 million.
Over the years, he expanded his domain by snagging adjoining parcels of land, creating a grand estate covering 30,000 square feet.While the six-time Grammy winner originally intended to part ways with his opulent abode, which is just three months from completion, insiders reveal that Joel has had a change of heart, deciding to keep the keys to his Oyster Bay kingdom a little while longer.Meanwhile, Baldwin, 65, tossed his Amagansett estate onto the market in September 2022, initially with a hefty $29 million price tag.
After a series of dramatic price slashes over the past year, culminating in a final listing price of $22.5 million, Baldwin has decided to pull the 10-acre retreat off the market.The embattled “Rust” star acquired the five-bedroom property in 1996 for a modest $1.75 million.
The Post has reached out to reps for Baldwin and Joel for comment. These multi-million-dollar decisions are playing out as soaring mortgage rates cast a shadow over the real estate landscape.
Read more on nypost.com
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