Bedbug fame, and Hamptons flipping

Attorney Alan Schnurman of Zalman & Schnurman was recently in the news for filing a sensational $20 million claim of bedbug infestation against a Catskills hotel on behalf of a patron who, curiously, is said to have gone back voluntarily to stay at the same section of the hotel two weeks later (see Mar. 9). […]

Attorney Alan Schnurman of Zalman & Schnurman was recently in the news for filing a sensational $20 million claim of bedbug infestation against a Catskills hotel on behalf of a patron who, curiously, is said to have gone back voluntarily to stay at the same section of the hotel two weeks later (see Mar. 9). Now Peter Lattman at the WSJ law blog (May 5) brings word that Schnurman

from the looks of it, is trying to supplement the millions he earns from a lucrative personal-injury practice by flipping Hamptons real estate.

Last week the 60-year-old Schnurman reportedly listed a 41-acre parcel in the town of Sagaponack for $49.5 million. He paid $25 million for the non-oceanfront property last July. He’s also listed another parcel in Bridgehampton for $37.5 million, having purchased that 25-acre property nine months ago for $15 million.

Now back to your previously scheduled news story about excessive CEO compensation.

One Comment

  • Not clear what this has to do with the site’s theme–are lawyers required to be poor?