One of Montauk’s newest mansions costs $27.5 million

The house at 40 Deforest Road was developed by Randall Smith and Heath Freeman of Alden Global Capital, known as the “hedge fund vampires”.


DUSTIN JONES is a USTimeToday U.S. News Reporter based in London. His focus is on U.S. politics and the environment. He has covered climate change extensively, as well as healthcare and crime. DUSTIN JONES joined USTimeToday in 2021 from the Daily Express and previously worked for Chemist and Druggist and the Jewish Chronicle. He is a graduate of Cambridge University. Languages: English. You can get in touch with DUSTIN JONES by emailing

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