Trailer in the Hamptons sells for $3.75M

In today's one-percenter news: A trailer tycoon is in escrow on a $3.75 million, 800 square-foot oceanfront mobile home in the Hamptons. The condo-trailer, located in the recently ritzy Montauk Shores complex, was purchased off-market for the record-breaking amount by an undisclosed buyer. — Read the rest