Every summer, the .1 percent packs their cars—or their helicopters—and ventures to the eastern tip of Long Island. For many, that means opening up their second home. For some, it means deciding which one.
Collecting multiple properties out east isn’t a new phenomenon, but as the price of entry reaches dizzying heights, it’s become an even more exclusive status symbol for the ultra-wealthy to own more than one multi-million-dollar pad. (Netflix star and broker Ryan Serhant dubs such a home the “Fun House.”)
