The family home that Alex and Lu shared in the Hamptons was listed at $9,450,000. I have no idea what it sold for. From what I’ve read she was to put 1/2 of the proceeds from the sale of that house into a trust for the kids, per the divorce agreement.
Then she purchases the smaller Sag Harbor house on the water for around $2,650,000. Five years later she tries to sell it for $6,250,000 after remodel. This is the point where Alex and the kids started questioning the trust?
So, what I don’t understand is why the kids half of the $9,450,000 was immediately put into a trust?
I would love to see the listing for the $6,000,000 house she wanted to buy upstate. I’ve googled around but came up empty.