Montauk Hotel Sold For $77.5 Million, a Tidy Profit for Recent Buyer - 27 East
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East Hampton Press / News / Business / 2076372

Montauk Hotel Sold For $77.5 Million, a Tidy Profit for Recent Buyer

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The former Atlantic Terrace, now known simply as Marram, was sold last year for $77.5 million to a travel and leisure investment company.

The former Atlantic Terrace, now known simply as Marram, was sold last year for $77.5 million to a travel and leisure investment company.

authorMichael Wright on Feb 8, 2023
You gotta have money to make money, the old saying goes. The adage clearly held true for the investment group that purchased the Atlantic Terrace hotel in Montauk in 2018... more

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