Ralph Lauren expands his Montauk property

Ralph Lauren expands his Montauk property
Ralph Lauren is making a fashionable buy in the Hamptons. The preppy-clothing fashion mogul has entered contract to purchase late playwright Edward Albee’s oceanfront home in Montauk, sources tell the Wall Street Journal. Albee’s property had been listed for $20 million. The contract price isn’t clear, but the deal expands Lauren’s presence in the popular...