There’s a new hilarious ask in town, and it’s $175 million

Good news, rich folks! You can tell Ken Griffin to eat your dust by buying the property next door to his on Meadow Lane. Sure, Griffin’s purchase of Calvin Klein’s place at 650 Meadow Lane made headlines last year; he paid $84.4 million. But now you can pay more than twice that much for 700 Meadow Lane! Who’s the real estate king now, huh?

Owner Marcia Riklis (we remember her father Meshulam Riklis for being the one-time husband of Pia Zadora) made headlines back in 2015 offering the property for $2.5 million for the summer. It’s actually quite a special place, of course, though we remember the decor of the rental being kinda dumpy. (The dining room looked like a low-budget steakhouse joint.)

Now it’s been nicely staged.

So what do you, Rich Person, get for your $175 million? Eight acres on the ocean, with 500′ of oceanfront. (Not that piddly seven acres Griffin got.) A huge pool, tennis court and basketball court (650 Meadow has none). Land on the bay side as well, with a dock for your boat. A rather lovely traditional house–we may dis the decor but the house itself is a classic summer house, pretty much the opposite of the glass box next door. The house is about 15,500 square feet, with 11 bedrooms, 12 full and 4 half bathrooms, and there’s an attached caretaker’s cottage. Of course, the listing is repped by Bespoke, who we admire for being able to sell these mega-estates so well.

Is $175 million a crazy price? Yes. Obviously Ms. Riklis likes to make a splash in the news by asking huge prices. The former Calvin Klein property is a trophy in a way that this one isn’t. We think a nice round $100 million is a more realistic starting point, but hell, the fun thing about Hamptons real estate is that it’s basically crazy, so if the Bespoke folks can pull this off, good for them.

• Mylestone at Meadow Lane [B]