Robert Kraft—owner of the New England Patriots—made an investment in the Hamptons summer lifestyle this spring, securing for the warmer weather a beachfront estate in Southampton. According to The Wall Street Journal, the towering 7,000 sq. ft. waterfront modern required an outlay of $43 million. The transaction took place off market.

The house replaced a ‘summer cottage’ dating to the 1880s that boasted interiors spanning 6,600 sq. ft. It was completed in 2017, and packs a long list of amenities that includes an oceanfront pool. The original home, titled ‘A Wee Lyr Mor,’ had been on the market for years when it sold at significantly under its asking price. The charming slice of Hamptons history had apparently been in dire need of extensive repair when it was razed.

Kraft’s net worth is around $7 billion, according to Forbes.

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