Josh Flagg is under contract to purchase a six-bedroom home in East Hampton's Georgica section for approximately $8.5 million. He is collaborating with childhood friend Justin Gruenberg on this acquisition. The traditional-style residence spans 4,400 square feet and features a pool, pool house, and high-end finishes. It is currently rented by Los Angeles producer David Zander. The home was listed last year for $10.85 million. Flagg plans to undertake renovations to give the home a more traditional appearance.
Josh Flagg is in contract to buy a six-bedroom property at 49 Jericho Road for about $8.5 million in East Hampton's Georgica section, teaming up with Justin Gruenberg.
The 4,400-square-foot traditional-style home features a pool, pool house, covered terraces, luxe finishes, and renovations aimed at making it feel a century old.
The property was originally listed for $10.85 million and last asked $9.15 million before going into contract at $1,932 per square foot.
David Zander, who is currently renting the home, is known for his high-profile real estate transactions, including a $52 million sale and $86 million purchase.
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