Manhattan Transfers

Maupin's old house.

Art World Hamptons House Swap Puts David Maupin in Janelle Reiring’s Old Place

Janelle Reiring and David Maupin don’t only share a similar sensibility when it comes to selling art. The former mentor and mentee—Mr. Maupin worked under Ms. Rearing at Metro Pictures during his early days in the art world, long before he started the Lehmann Maupin gallery—also have similar taste in real estate.

The Observer has learned from a source familiar with the deal that Mr. Maupin and W editor Stefano Tonchi have purchased Ms. Rearing’s Bridgehampton home at 33 Jobs Lane. The house traded for under the $3.9 million ask, we hear (a discount between old friends seems entirely fitting), although Mr. Maupin was traveling and could not be reached to confirm or comment on the sale. Read More