Sign in with Facebook
Or use your Businessweek account
Or use your Businessweek account
Already a Bloomberg.com user?
Sign in with the same account.
No. 1 Most Expensive Small Town: Sagaponack, N.Y.
County: Suffolk
Population: 683
Median home value: $3,492,100
YOY Change: -10.2%
Five-year Annualized Change: -2.1%
Sagaponack maintains its position as the country's No. 1 most-expensive small town. The elite pay top dollar to live in this quiet and sparsely populated village and, according to Corcoran.com, many are drawn to its shingled mansions on large, open plots. Famous estates include billionaire Ira Rennert's 66,000 sq. ft. mansion, one of the largest homes in the U.S. Sagaponack's residents have included musician Billy Joel; Henry Silverman, vice chairman and director of Apollo Global Management (APO); and former Kinray chief executive Stewart Rahr.
Photograph by John Lei/The New York Times via Redux
Population: 683
Median home value: $3,492,100
YOY Change: -10.2%
Five-year Annualized Change: -2.1%
Sagaponack maintains its position as the country's No. 1 most-expensive small town. The elite pay top dollar to live in this quiet and sparsely populated village and, according to Corcoran.com, many are drawn to its shingled mansions on large, open plots. Famous estates include billionaire Ira Rennert's 66,000 sq. ft. mansion, one of the largest homes in the U.S. Sagaponack's residents have included musician Billy Joel; Henry Silverman, vice chairman and director of Apollo Global Management (APO); and former Kinray chief executive Stewart Rahr.
Photograph by John Lei/The New York Times via Redux
Ads by Google
Elsewhere on Businessweek.com
-
Fix This/Water
-
Luxury Luggage That's Fit for The Queen
-
Is This Google X's Plan to Wire the World?
-
Swarovski Cannes Bejewels Hollywood's Red Carpet
-
Herbalife: Pyramid Scheme or Juggernaut? CEO Michael Johnson Fights Back
-
How Israel Became World's Largest Drone Exporter
-
The Drone War: A Comprehensive Map of Lethal U.S. Attacks
-
Steven Soderbergh Wants to Sell You T-Shirts
-
Farmers Rush to Plant Ahead of Storms, Tweeting All the While
-
The Three Keys to Supermodel Stardom
-
Who Is Daniel Werfel, the New Head of the IRS?
-
Best Undergraduate Business Schools 2013
Links
©2013 Bloomberg L.P. All Rights Reserved. Made in NYC Ad Choices