The American billionaire, founder of hedge fund Appaloosa Management, David Tepper has destroyed his house on Long Island, worth 43.5 million dollars to build in its place a new one, the resource Move - the official online database of the National Association of Realtors.
As specified in the materials of Realtors, Tepper bought a house only last year, and almost immediately thereafter received a permit for demolition. House of about 560 square meters located on the oceanfront in Sagaponak (located on Long Island, two hours drive from Manhattan).
"At the moment market completely denuded and ready for new construction" - the report indicates.
According to realtors, it is assumed that this place will be built a new house in colonial style, twice as big in size, overlooking the water from every room, balcony, also overlooking the ocean, verandas with hot tub.