Grey Gardens bought for $220,000 later sold for $15.5 million

In a momentous deal for historic preservation, Sally Quinn and Ben Bradlee acquired the storied Grey Gardens estate in 1979 for $220,000. Following a meticulous restoration, it emerged as a cultural hallmark tied to the Beales. Its remarkable sale for $15.5 million in December 2017 underscores the lasting interest in uniquely significant properties, concluding nearly forty years of history for this iconic location.