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Affluent Hamptons residents are struggling to keep up with their new superrich neighbors — who hightailed it from Manhattan to the East End during the pandemic.
"There’s so much money now it’s nauseating," a longtime Amagansett homeowner told Vanity Fair. "I’m a 1-percenter. But I bear no resemblance to these people."
The unidentified woman told the outlet she now has to "work at relaxing," in a town that is "a different place now. It’s the age of entitlement."
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The local reportedly said she lives near a house owned by "one of those hedge fund guys" that had a new "enormous" fully-grown tree planted on the property day after day, and stopped to quiz the landscapers on the cost of the project.
"They said they thought $50,000 to $75,000 a day," she said, according to the article. "I would suspect it’s closer to $100,000."
"If I weren’t here already, I wouldn’t come now. The conspicuous consumption is just gross."
Another local, Heidi Wald, who has summered out east since childhood, told the magazine that cold hard currency is now literally littered on East Hampton’s main beach.
"I looked down, as I’m always looking for sea glass, and there was a perfect crisp $50 bill on the shore. I thought, Only in the Hamptons," Heidi Wald reportedly said.
Kathryn Kellinger, another longtime local, told the magazine the beach community is no longer relaxed because of insane costs and a snobby "level of judgment."
"It’s so expensive, there’s no more livability. It’s all about tablescaping and costuming," she said. "It’s fever pitch now. The amount of people, and the amount of fun they insist on having—it’s gotten more scheduled than New York City."