Court battles of the rich, famous
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.