Howard A. Rubin’s Sex-Dungeon-Free Hamptons Home Sells for $9.5 Million

Howard Rubin, an erstwhile money manager for George Soros, whose investing was featured in the bestsellers “Liar’s Poker” and “The Big Short,” and estranged wife Mary Henry have sold their Water Mill, N.Y., property for $9.5 million. Rubin probably needs the cash; he’s been accused of sexual assault and violence against women in a specially constructed “sex dungeon” in a New York City apartment.

Rubin is facing a civil trial, set for November, with his alleged victims asking for at least $18 million, and his long-suffering wife unsurprisingly filed for divorce in July. The New York Post revealed that Rubin used his New York City penthouse — not the apartment he shared with Mary, but a secret one he kept for his violent trysts — for BDSM activities. One lawsuit states that the “dungeon-like ‘toy room’” included “ropes and toys to tie people up with, and electrocuting devices, and other devices.” Well. He seems nice.

The Rubins’ former Hamptons property, on Mecox Bay, actually is pretty nice. The estate’s 2.14 acres includes a coveted dock on the bay, where someone can kayak or paddle board to the ocean, along with manicured gardens and a long drive lined with cherry trees. There’s a lengthy gunite pool and spa out back, along with a small pool house complete with living room and kitchenette. And, as is usual for the area, there’s a tennis court.

At about 3,500 square feet, the six-bedroom and six-and-a-half-bath stucco traditional is on the smaller side for the Hamptons. It’s decorated in a pleasant country style — no dungeon-like toy rooms! — though it’s slightly dated with unremarkable furnishings. The view, however, is pretty great. The property was originally listed in December 2018 for nearly $15 million and closed in March for more than a 30% discount. The property was repped by Susan Breitenbach and Cutter Koster at Corcoran.

Just a wee suggestion to the new owners: get yourselves a bunch of smudging sage.