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Gin Lane home of Kitty Meyer sells for $26.8 million

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The estate of Catalina Meyer -- one of the first women to work on Wall Street -- has sold her oceanfront home on Gin Lane in Southampton for $26.8 million, according to public records. The purchaser of the property was MJR IV Llc. The eight-bedroom, seven-bath traditional shingle home was built in 1890, and has a pool and tennis courts on 2.9 acres.

Meyer, who was known to friends as "Kitty," died 10 years ago this week in a fire at her five-story, neo-classical Upper East Side townhouse caused by faulty wiring in holiday decoration on the building. Meyer had helped five others escape the blaze, but perished along with a houseguest she was trying to save.

Meyer was a socialite and fervent supporter of the arts, and counted many artists among her friends. Her townhouse was decorated with works by Alexander Calder and Roy Lichtenstein as well as friends Larry Rivers and Robert Rauschenberg. She was known for her lavish entertaining at her homes in Manhattan, London, Uruguay and Southampton.

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