Michael O'Sullivan ran a company called Hampton Dream Properties. The name, it turns out, was doing a lot of work.
According to a Curbed investigation published in 2024, O'Sullivan allegedly recorded fraudulent deeds on Hamptons-area properties in Suffolk County, New York — properties he did not own — then collected money from buyers who believed they were acquiring legitimate real estate interests in one of the country’s most expensive ZIP codes.
The scheme, as described in property and court records cited by Curbed, left victims holding recorded instruments that county clerks had accepted and stamped without verifying the underlying authority to convey. The deeds looked real. The transactions felt real. The properties were not his to sell.
Named victims in the reporting entered agreements, paid fees, and in some cases held the paperwork for months or years before attempting to refinance or resell — the moment at which title searches surfaced the defects and the deals collapsed.
Suffolk County property records show the instruments were filed across multiple addresses in the Hamptons corridor, an area where even a clouded title on a modest parcel represents six-figure exposure.
O'Sullivan has not, per the Curbed report, offered a public statement addressing the specific allegations in the filings.
The company name Hampton Dream Properties remains registered. The website, as of the Curbed report’s publication, was still live.