Long Island mansion hits auction block in search of crypto

A new-build Long Island mansion up for auction is accepting bids in cash or USD coins, a digital stablecoin pegged to the US dollar.

Last asking $6.1 million, suggested opening bid is $5.4 million.

Cybercurrency isn’t exactly stable these days – there are big fluctuations in the value of Bitcoin, for example. However, the seller, who is moving to Florida, is willing to take the risk, says Misha Haghani of auction house Paramount Realty USA.

The seven bedroom home at 199 Woodside Dr. was built in 2015 on three quarters of an acre in Hewlett Bay Park, part of Long Island’s Five Towns, 23 miles from Manhattan. (The other cities are Lawrence, Cedarhurst, Woodmere, and Inwood.)

The smart, Energy Star-certified green home features an indoor saltwater pool, outdoor infinity pool, 12-person sauna, 8-person steam room, home theater and gym.

There’s also an elevator, heated floors, custom arches and crown molding, a temperature-controlled 1,200-bottle wine room, a chef’s kitchen, an “au pair studio,” and a three-car garage.

The property also has its own generator and filtered water system.

The stockbrokers are Leah and Alex Sajovits from Douglas Elliman. The auction will take place on June 16th.

Speaking of Douglas Elliman, his own realtor Sandra Ripert and her husband Éric Ripert, the chef at Le Bernardin, will be honored at this year’s City Harvest Gala on April 26 at Cipriani 42nd Street.

It’s City Harvest’s first gala since lockdown.

All proceeds will support her work saving £111million of food to feed New Yorkers in need.

Since the 2020 pandemic, when food insecurity increased, City Harvest has collected and shipped more than 250 million pounds of food to hundreds of Big Apple soup kitchens and pantries.