Socialite Libbie Mugrabi loses Bridgehampton home in dramatic auction

by The Real Deal

A saga revolving around a socialite’s Hamptons home came to a stunning conclusion at a recent auction. Henry Ikezi, who waged a failed bid to unseat Queens borough president Donovan Richards last year, won an auction for Libbie Mugrabi’s 11,000-square-foot Bridgehampton home at 486 Middle Line Highway, the New York Post reported. Ikezi’s winning bid was $5.86 million. The auction, which unfolded last month, was full of twists and turns, complete with locals and Town Hall employees gawking at the scene. Mugrabi’s sister, Mia Rowe, initially seemed to have claimed the winning bid with $7.8 million. But after leaving the […]

This article originally appeared on The Real Deal. Click here to read the full story.

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