Photography Courtesy of Nicole Franzen
Squarespace CEO and founder Anthony Casalena makes a dent with his Long Island vacation property with a humbling purchase of $42 million. The final Montauk deal only comes second to late Andy Warhol’s former estate that had a closing cost of $50 million back in 2015.
Casalena collected a total of three waterfront parcels in Montauk using three separate limited liability companies over the span of a year. First being a $22.8 million transaction from Bluefin Cos. Founder Michael Goodwin, swooping up a home along with the grounds. A separate contemporary home and guest house had been acquired with Casalena’s second and third purchase from entrepreneur Michael Hirtenstein. The two properties were bought at a combined price tag of $19 million.
Hirtenstein former estate, now Casalena’s includes four bedrooms, a gym with skylight, screening room and a wine cellar spread throughout 5,500 square feet across three levels. In respect to Montauk living, the home has a roof deck and wraparound terrace.
Reported by Mansion Global
, Casalena could not be reached for comment on future plans with his expansive purchase.