Record-Breaking Sale in Sag Harbor

In another win for the real estate market, brokers everywhere are proclaiming a comeback, particularly considering that Charles Ray Langston, a well-known Miami hedge fund whiz and passionate racecar driver, recently closed on the sale of his Hamptons waterfront property for $14 million, setting a new record in Sag Harbor. The Nantucket-style manse comes with the typical features found on an island estate, including more than 8,000 square feet, eight bedrooms, seven baths, pool, hot tub, wine room, and more.