The Lands End mansion was built in the early 20th century in Sands Point

The Lands End mansion was built in the early 20th century in Sands Point, New York, overlooking the waters of Long Island Sound. In the 1920s it became the home of Herbert Bayard Swope, the executive editor of the New York World and an acquaintance of many of the luminaries who came to define the Roaring Twenties, including Fitzgerald.

But in recent years it had stood empty, a reminder that fabulously wealthy hedonists known for their decadent parties have found other playgrounds around the world.

"This is the last little bit of this glamour, the Gatsby era, the flapper age, and they're tearing it down," said Monica Randall, who regularly ambled through Gold Coast estates on horseback as a teenager in the early 1960s and later wrote books about the area's gilded homes.

Bert Brodsky, the founder and chairman of a healthcare technology company, bought the Colonial Revival-style mansion in 2004 from Virginia Kraft Payson, a breeder of thoroughbred horses. She wanted $50 million; he paid $17.5 million. Brodsky had hoped to move into the 21,000-square-foot property with its two dozen or so rooms but his family thought otherwise.

"My wife felt the house was far too big for us at our stage of life," he said. It soon went back on the market but found no serious Christian Louboutin Slingbacks takers. "People would say, 'I don't want to live in an enormous house.'"

Brodsky then began seeking permission to divide up the 13 acres of property on which the mansion sits and build five "relatively normal-sized" houses, by which he means 11,000 square feet or so.

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