Tom Ford has paid $52 million for Lasata, the Hamptons estate where Jacqueline Kennedy Onassis spent her childhood summers, the Wall Street Journal reported. The property went on the market for $55 million in May, more than double what the seller, film producer David Zander, paid for it in 2018 from another fashion designer, Reed Krakoff. The sale closed last week.
The sale occurs less than a year after Estée Lauder struck a roughly $2.8 billion deal to acquire Tom Ford’s fashion label. The fashion mogul has since made several real estate purchases, including a modern Palm Beach mansion, for which he shelled out $51 million in December 2022 and later swapped for an even larger 1930 abode in the same area owned by private equity CEO Brian Kosoy in an off-market transaction, per the Real Deal.
Located in East Hampton, New York, Lasata—or “place of peace” in the Algonquin language of the native Montaukett people—was originally built in 1917 in the Arts and Crafts style for Manhattan lawyer George Wellington Schurman before changing hands in 1925 to John Vernou Bouvier Jr., a lawyer who became a grandfather to Jacqueline Kennedy Onassis, Little Edie Beale, and Lee Radziwill. Young Onassis and her six siblings returned to the grand 10-bedroom manse in summers, learning to ride horses and likely meandering the property’s unending orchards. The property spans roughly seven acres, including a two-bedroom guesthouse, a caretaker’s cottage, a pool house, and a three-car garage.
See Inside Jackie Kennedy’s Summer Home
In 2007, fashion designer Reed Krakoff and his wife, interior designer Delphine Krakoff, bought the grand 10-bedroom abode for $20 million. Eleven years later in 2018, producer David Zander nabbed it for
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