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Court battles of the rich, famous

“Today” show correspondent Jill Rappaport and investment banker Richard Swift were once lovers, but now they are fighting it out in court over an 18-acre, Western-style log home in Water Mill.

WATER MILL – “Today” show correspondent Jill Rappaport and investment banker Richard Swift were once lovers, but now they are fighting it out in court over an 18-acre, Western-style log home in Water Mill.

According to a civil lawsuit filed in Manhattan on Wednesday, Swift claims that he had a verbal agreement with Rappaport, his former fiancee: She would pay $142,500 for the land at 377 Little Noyac Path and he’d foot the $2.6-million-dollar bill for construction costs.

The home was completed in 2006 and when the couple ended their eight-year relationship last year, Swift was kicked to the curb.

Meanwhile, Rappaport insists the house was a gift.

 
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