Top Hamptons developer slashes price on ultra-luxury “Sandcastle”

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Top Hamptons developer slashes price on ultra-luxury. – Farrell’s signature cookie-cutter McMansions have transformed the Hamptons’ high-end home market, where ultra-luxury sales have slumped so far this year. The purchase price for the Sandcastle has ebbed-and-flowed with fluctuations in the market. Farrell first tried to sell the property in 2009, again in 2011 and 2016, and most recently in 2018.