"Thought to be America’s largest inhabited residence, Fair Field, Ira Rennert’s estate in Sagaponack, cost $100 million to build and is worth at least $200 million. The 110,000-square-foot complex has 29 bedrooms, 39 bathrooms, three pools, two libraries, a bowling alley, a playground, a full theater, its own power plant, and a garage for 100 cars. A local architect who approved the project praised its “restrained classic design.” The main building is 66,000 square feet, 28 times bigger than the average new house. It’s the third-largest private home in America. (No. 1 is the 174,000- square-foot Biltmore Estate.) The mansion inspired a novel, The House That Ate the Hamptons. Kurt Vonnegut called it “the greatest book ever written.” In a rare public appearance, Rennert described his mega-mansion as “old age and loneliness insurance."
Editor’s note: If we raise Ira Rennert’s taxes, he will probably leave America and stop creating all those jobs he has been creating. He might even leave his $200 million dollar home behind. (sarcasm)