Nicole Franzen
- Squarespace CEO Anthony Casalena bought $42 million worth of property in the Hamptons, according to The Wall Street Journal.
- The three properties in Montauk, New York combined are over six acres and include two houses and one guest house, the Journal reports.
- Casalena’s is reportedly the second-largest residential purchase in Montauk, behind the 2015 purchase of Andy Warhol’s former estate for $50 million.
- Visit Business Insider’s homepage for more stories.
Squarespace founder and CEO Anthony Casalena purchased three waterfront properties totaling over 6 acres in the Hamptons worth $42 billion, The Wall Street Journal reports.
Casalena accumulated the properties in Montauk, New York over the past year. There are two houses and one guest house on the combined properties, according to Journal.
The first property, purchased in 2018 for $22.8 million, includes a 5,000 square-foot, six-bedroom house, according to the report. The second and third properties were reportedly purchased for $19 million in 2019, with a 5,500 square-foot, four-bedroom house and a two-bedroom guest house.
Casalena’s total property purchases are just $8 million shy of Montauk’s biggest residential purchase, Andy Warhol’s former estate worth $50 million, making Casalena’s the second-largest Montauk residential purchase, the Journal reports.
A spokeswoman for Casalena declined to comment. Casalena founded the website builder Squarespace in 2003 while he was a student at the University of Maryland; the company’s last public valuation was $1.7 billion in 2017.
Take a tour of Casalena’s new six-bedroom house below:
Welcome to one of Squarespace CEO Anthony Casalena’s new homes in Montauk.
Nicole Franzen
Check out the textured front door.
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The dining room has ocean views.
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See the rest of the story at Business Insider
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Source: Business Insider – raydin@businessinsider.com (Rebecca Aydin)