Philip Falcone Pays 700K To Rent East Hampton Home For The Summer
Billionaire hedge fund manager Philip Falcone and his wife Lisa Maria have agreed to pay $700,000 to rent Stone Meadow Farm, the 18,000 square-foot property in East Hampton, NY for the summer months- that’s $300,000 less than the original asking price. If his lease indeed runs through Labor Day, Falcone will be paying around $65,000 a week, likely just to spend weekends at the estate. Back in 2008, Mariah Carey paid $125,000 a week when she leased the same house.
[Photo from Forbes]
The current owner, Isabel Rose of the Rose Associates real estate dynasty, acquired the 8-acre estate in 2009 after a bidding war with Mr. and Mrs. Falcone themselves. She paid around $12.5 million for the mansion, which was the most expensive real estate deal ever brokered on the North Fork at the time- and the house isn’t even on the ocean. The home includes a three-floor main house with 5 bedrooms, 9.5 bathrooms and 5 fireplaces and an attached guest house with an additional 5 bedrooms, 4.5 bathrooms and 3 fireplaces. The nearly 3,500 square foot finished basement contains a media room, play room with wet bar and fireplace, gym, spa facilities and a staff lounge. The extensive grounds feature a five-horse stable, stone courtyards and terraces, a swimming pool and pool houses, spa and tennis court.
[Photo from curbed.com]
The Falcones, who are currently building a 13,000 square foot home in Sagaponack, reside in a New York City townhouse for which they famously paid about $49 million–in cash–on East 67th Street.
[photo from Brown Harris Stevens]
Like Haute Living New York? Join our Facebook page or follow us on Twitter @HauteLivingNY. Want Haute Living New York delivered to your inbox once a week? Sign up for our newsletter.
Related Articles
Inside Miami Race Week’s Most Exclusive Invitation: The Places & Co. x FlyHouse Annual Yacht Experience
Image courtesy of Places & Co. MIAMI, FL — May 2026 — As Formula 1 descends on Miami, a select group of the world’s most influential figures will gather for one of the weekend’s most coveted off-track experiences: the Places & Co. x FlyHouse Annual Yacht Experience. Hosted on Sunday, May 3, this invitation-only affair […]
Inside Hutong Miami’s Refined Power Lunch Scene in Brickell
Photo Credit: Hutong Miami Brickell is a neighborhood that rarely slows down. Deals are negotiated over espresso, schedules fill quickly, and the city’s business class moves with precision between meetings, offices, and dining rooms. In that landscape, lunch is rarely just a meal. It is a moment to reconnect, impress a client, or simply step […]
7 Reasons An ESIM Is A Smart Travel Essential For Australia
Australia has a way of turning a simple holiday into a trip with a lot of moving parts. A traveler might start the morning in a Melbourne café, spend the afternoon near Bondi Beach, and end the day checking into a hotel in Sydney. In a country with big distances and busy travel days, a […]
Inside Sanamama’s Spiritual Approach to Fine Jewelry and Living
In a city where luxury and wellness increasingly intersect, Sanamama arrives as something more immersive, more personal, and more intentional. Founded by Miami native Gabi Torres, the brand exists at the intersection of fine jewelry, spirituality, and design, offering one-of-a-kind pieces that carry both aesthetic beauty and deeper energetic significance. With the recent opening of […]
Where to Celebrate Mom in Style This Mother’s Day in Atlanta
Mother’s Day 2026 falls on Sunday, May 10 — and Atlanta’s dining scene is pulling out all the stops. From lavish hotel brunches to martini flights and pickleball, here are Haute Living Atlanta’s top picks for celebrating Mom in style. Four Seasons Hotel Atlanta Photo Credit: Sonder Media Midtown Atlanta. Four Seasons Atlanta is turning […]
Dining At The Setai Miami Beach: Inside Japón And The Newly Redesigned Jo’s Bar Experience
Discover dining at The Setai Miami Beach, from award winning Japón cuisine to the newly redesigned Jo’s Bar cocktail experience.
Latest Stories
Trending Articles
Related Articles
Inside Miami Race Week’s Most Exclusive Invitation: The Places & Co. x FlyHouse Annual Yacht Experience
Image courtesy of Places & Co. MIAMI, FL — May 2026 — As Formula 1 descends on Miami, a select group of the world’s most influential figures will gather for one of the weekend’s most coveted off-track experiences: the Places & Co. x FlyHouse Annual Yacht Experience. Hosted on Sunday, May 3, this invitation-only affair […]
Inside Hutong Miami’s Refined Power Lunch Scene in Brickell
Photo Credit: Hutong Miami Brickell is a neighborhood that rarely slows down. Deals are negotiated over espresso, schedules fill quickly, and the city’s business class moves with precision between meetings, offices, and dining rooms. In that landscape, lunch is rarely just a meal. It is a moment to reconnect, impress a client, or simply step […]
7 Reasons An ESIM Is A Smart Travel Essential For Australia
Australia has a way of turning a simple holiday into a trip with a lot of moving parts. A traveler might start the morning in a Melbourne café, spend the afternoon near Bondi Beach, and end the day checking into a hotel in Sydney. In a country with big distances and busy travel days, a […]
Inside Sanamama’s Spiritual Approach to Fine Jewelry and Living
In a city where luxury and wellness increasingly intersect, Sanamama arrives as something more immersive, more personal, and more intentional. Founded by Miami native Gabi Torres, the brand exists at the intersection of fine jewelry, spirituality, and design, offering one-of-a-kind pieces that carry both aesthetic beauty and deeper energetic significance. With the recent opening of […]
Where to Celebrate Mom in Style This Mother’s Day in Atlanta
Mother’s Day 2026 falls on Sunday, May 10 — and Atlanta’s dining scene is pulling out all the stops. From lavish hotel brunches to martini flights and pickleball, here are Haute Living Atlanta’s top picks for celebrating Mom in style. Four Seasons Hotel Atlanta Photo Credit: Sonder Media Midtown Atlanta. Four Seasons Atlanta is turning […]
Dining At The Setai Miami Beach: Inside Japón And The Newly Redesigned Jo’s Bar Experience
Discover dining at The Setai Miami Beach, from award winning Japón cuisine to the newly redesigned Jo’s Bar cocktail experience.
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events