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East Hampton Makes the Good Life a Little Better With Bond Sale

  • New York beach getaway to sell $23 million of bonds Tuesday
  • Moody’s raised town to Aa1, second-highest investment grade

As the season for wealthy Manhattanites and Wall Street elite to gallivant on their Hamptons summer playground begins to wind down, one town -- a second home to celebrities such as Martha Stewart and Jon Bon Jovi -- is ramping up spending to improve its already illustrious landscape and stretch of exclusive beaches.

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