Andy Warhol’s sprawling 5.6-acre oceanfront compound in the more fashionable section of Montauk that he bought with filmmaker Paul Morrissey in the 1970s for $220,000, finally snared a buyer after being on the market since 2001. The estate, called Eothen, was sold at considerably less than its $50 million asking price to Millard Drexler, chief executive of J Crew, who may have paid as little as $30 million. The Colonial Revival main house has seven bedrooms, four and a half bathrooms, and four fireplaces. There are four other houses, a three-car garage, and a horse stable scattered around the property. (Source)