HOUSE OF THE DAY: Entertainment Mogul David Geffen Supposedly Bought This Hamptons Compound For $67.5 Million

Rumor has it that billionaire music producer and film studio exec David Geffen bought an East Hampton compound nestled between the beach and Georgica Pond for $67.5 million, according to real estate blogger The Real Estalker. The waterfront compound includes four separate lots: one for the 7,500-square-foot house, one for a guest house, and two additional vacant lots.  Other luxurious amenities of the house include seven bedrooms, two fireplaces, a fitness room, library, and a home office. The...