Freshly cut daffodils, rotisserie free-range chickens, freshly baked pains au chocolat—there’s something for everyone (well, everyone with a second home in one of the most expensive Zip Codes in the country) at the Sagaponack General Store. This piece of Long Island history has found new life thanks to a local billionaire, armed with a dream and unlimited resources.
Mindy Gray, the proprietor in question, has been spending her summers in Sagaponack since 2003. In addition to keeping shop, Gray is a philanthropist, and her husband, Jonathan Gray, is the chief operating officer of Blackstone, with a net worth of $8.5 billion. The Grays’ four daughters grew up going to the Sagaponack General Store for penny candy and ice cream. Now young women, they encouraged their mother to buy it when it was listed for sale in the fall of 2020. And so, for $3.8 million, she did.
