NY mansion linked to 'Great Gatsby' to be razed

A 25-room mansion that some scholars believe was an inspiration for "The Great Gatsby" is to be razed to make room for a subdivision.

Randy Bond, village clerk in Sands Point on New York's Long Island, tells the New York Post that it will be replaced by five houses priced at $10 million each. The location affords magnificent views of the Long Island Sound.

Some F. Scott Fitzgerald experts believe the author used the sprawling 1902 property as a model for the home of character Daisy Buchanan, though the current owner believes the mansion's "Gatsby" link has been overstated.

David Brodsky says his family bought it in 2004 from Virginia Payson, the late wife of former Mets owner Charles Payson. He says the house is beyond repair.