Montauk, New York, a beach hamlet on the eastern tip of Long Island, lies about 120 miles from Manhattan. It was not much of a vacation spot in 1971, when Andy Warhol and his friend, filmmaker Paul Morrissey, paid $225,000 for a twenty-acre estate near one of its rugged beaches. Writer Bob Colacello, a Warhol friend, describes the Montauk of those days as "our own little summer camp." But, soon enough, socialite Lee Radziwill rented the Warhol place--her sister, Jacqueline Bouvier Kennedy Onassis, came along sometimes--and Montauk was on the map.
Today, summer residents and recent visitors include Gwyneth Paltrow, Bono, Steven Spielberg, Ralph Lauren, Toots Thielemans, Rufus Wainwright, Bruce Weber, Shaun White, and the Winklevoss twins. "It's not slick," Colacello says. "It's not overly rich. It's offhandedly rich."