The Hamptons held the top spot for priciest residential real estate transaction for just a few short months before dropping into second place with the recent sale of the Forbe's family ranch in Colorado. Purchased by Louis Bacon, a New York hedge funder who has helped preserve over 1,100 acres here on the East End, purchased the 250 square-mile ranch for $175 million, which trumps the $103 million that Ron Baron payed for the de Menil estate on Further Lane in East Hampton.
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