Wednesday, August 1, 2007

The New Rich Are Building Bigger

In 1998, industrialist Ira Rennert decided to build a 29-bedroom mansion on 110,000 square feet of Long Island waterfront and ended up in the middle of a lawsuit.

A compound of this proportion was surely meant to be a hotel or a religious retreat, which would create traffic, destroy the environment, and block the ocean view, Rennert's neighbors alleged...Follow me

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