Real Estate

The Old Montauk Highway mansion has seaside views.

"What has happened in Southampton, is that because of lack of space and higher rental prices in East Hampton, a lot of businesses of greater diversity have moved in to Southampton generating an increase in foot traffic," explained Hal Zwick.

The old saying is "beauty draws beauty" and there are plenty of beautiful things; toys, women, and of course, men.

The five-bedroom Hamptons home was sold for $110 million.

Like mother, like daughter is quite an old saying and so very true in the glamorous world of the Hamptons.

"After a lull in high end sales over the past several quarters, Hamptons high end sales activity snapped back in contrast to other housing markets in the region, especially above the $5 million threshold," explained Jonathan J. Miller.

"I felt it was a perfect fit - Town & Country has the same business ethics and is deeply rooted in the hamlets they have offices in - just the way Pospisil has been," noted Marge Harvey.

The Hamptons, being one of the world's great playgrounds, attracts beautiful people from across the globe.

The impressive East End home includes master suites on both the first and second floors.

Depending upon Treasury's findings in the two target areas, the department could develop reporting requirements across the country.