Ex-Lehman President Joe Gregory Slashes Price On Hamptons Mansion

After trying to dump his Bridgehampton crib for more than a year, Joe Gregory is finally caving on price.  Now it’s yours for $27.9 million.

WSJ: Mr. Gregory first put the 9,500-square-foot oceanfront home in Bridgehampton, N.Y., on the market last summer. On 2.5 acres, the three-year-old shingled home has eight bedrooms. There’s a swimming pool and more than 200 feet of ocean frontage. The listing agent is Michael DeSario of Corcoran Group.

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Meanwhile, Dick Fuld decided not to flip his Park Avenue co-op for $32 million.

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