Hamptons Mansion Auction Drama | Real Estate News

A Hamptons mansion once valued at $25 million just sold for $5.86 million in a dramatic auction, sparking chaos when the original owner, socialite Libbie Mugrabi, refused to leave — even after her sister backed out and a family friend declared she wasn’t leaving. The winning bid came from Stanley Ikezi, brother of former Queens candidate Henry Ikezi, who now faces 30-45 days to either evict Mugrabi or find a way out — as she’s already behind $9 million in mortgage and legal fees and may file for bankruptcy.

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