A heated swimming pool is served by two pavilions, each of which includes a kitchen and bath. I look at them as a high-end luxury brand. Villa Maria at nighttime. They just dont care, said Christopher Burnside, a Hamptons agent for Brown Harris Stevens who also specializes in the high end. They really want to know what our clients perspectives are from a design and amenity standpoint, he added. Zach: More exciting than anything, more than the money, is being able to interact with and pick the brains of some of the brightest people in the world. From the outset, they hired a full-time sales and marketing staff, which works on homes across the Bespoke portfolio, eschewing independent brokers who rely on hefty commissions. 1 of 7. next. Many of the top Hamptons brokers have been flipping million-dollar homes since the Vichinskys were in middle school, and theyre happy to keep doing just that. Background Report for Cody Vichinsky. | PRIVACY POLICY, Bespoke Real Estate LLC is a licensed Real Estate Broker. Browse Lauren Dobbins & Cody Vichinsky's Wedding registry and find the perfect gift at Pottery Barn. The original house on Jule Pond, formerly called Fordune, was built in the late 1950s by the grandson of carmaker Henry Ford when the entire estate encompassed 235 acres. currently lives in East Hampton, NY; in the past Cody has also lived in Sagaponack NY and Water Mill NY. You put all of that in a room and great things can happen.. Courtesy of Bespoke Real Estate. Officer Peterson unwrapped the umbilical cord from Isabelles neck and used a gloved hand to clear her mouth. Zach: On our end, there is a need for somebody to catalog and shape information and provide it in the right way. Exclusive: Brothers Behind $8 Billion Luxury Real Estate Firm Bespoke Cut Commission Rate To 1% - Forbes July 15, 2022 Cody and Zach Vichinsky changed the luxury real estate game on Long Island by specializing in properties worth more than $10 million, including homes seen on Succession and in Wall Street. Attend Inman Connect Las Vegas to gain takeaways to achieve success in 2023. January 19, 2016, 5:33 PM UTC. I feel like if she wasnt there, who knows., Officer Peterson handed the credit right back to the Vichinskys. Vichinsky spoke with the New York Business Journal about his biggest takeaway from Bespoke Real Estate's Q1 & Q2 2022 $10M + Market Report, asset classes in Manhattan that have good supply and. $10M listing or bust: Breaking into luxury real estate without being rich, Zach and Cody Vichinsky see themselves as disrupters in the way that high-end real estate is analyzed, marketed and sold, What you need to know to start your day with all the latest industry developments. As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work. Cody: We have created amazing friendships and relationships, but we dont strive for that [to find clients]. In 1919, a shipping magnate bought the property, doubled its size, added elaborate flourishes and, after changing the color of the roof, re-christened it Grey Gables. Cody lives in East Hampton with his dog, an American Bully named Odin, who is a sibling of Zach's dog, Simmy. Its going to be so upsetting to traditional brokerage. Bespoke helped Garrabrant, who was billionaire Sam Zells partner for many years and is now CEO of investment firm Jaguar Growth Partners, and his wife sell their traditional cedar-shingle home in Southampton in 2019. In the works, for instance: the firm is putting together an invite-only VIP program called Private Circle that will give members access to exclusive events and experiences like complimentary at home IV treatment or access to Art Basel. Cody Vichinsky's phone number is (631) 246-6308. Isabelle is still in the newborn intensive care unit, where, Mr. Vichinsky said by phone yesterday, she is doing well and receiving excellent care. and Lauren was an absolute rock star. Zach: All of those [individuals] have helped us grow and learn about people, and its fascinating. It was a relatively quick deal, Zach Vichinsky said. In fact, they dont seem to care much about the trappings of wealth. To be as strong as possible, we needed to rely on each other. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. The entire company can work on one client together, and while that means the commission gets cut in a lot of different directions, its designed to encourage collaboration in a business built on competition. Village E.M.T.s responded directly to the scene as well, on their own. Forgot your username? The firm pulled off last years priciest Hamptons deal, a $105 million to-do with bay views, ocean views and a private pond. Thats not by accident; there was a tremendous amount of conversation and emotional growth. Officer Peterson said she has no formal medical training, but 19 years ago, as a police cadet, she watched a video about childbirth as part of routine training. Zach Vichinsky . This article was updated from Dec. 29 to correct . Someone may knock on some guys door and pay him a premium, and then that guy has to get into the market to buy something. Can you help?. But Bespokes owners Zach and Cody Vichinsky told The Post that this is the largest payout for a single home. We are educated by clients, who have a perspective that is truly rare, Cody said. The staff includes dedicated marketing specialists, graphic designers, project managers, a listing management team, a CMO studio manager, a social marketing media manager and a full-time research team. Conversely, sometimes people are too patient and they get boxed out of the game. SOUTH FLORIDA Zachary and Cody Vichinsky have sold just shy of $1 billion (770 million) in property since launching their company, Bespoke Real Estate, in 2014. We are big into veterans who are displaced when they come homethey need resources, they need psychological help. The property was originally asking $175 million, back in 2017. His locks were flowing, his skin bronze despite the winter and he sported a plaid overshirt of crisscrossed earth tones. 30s East Hampton, NY Monitor. This is the most expensive sale in the history of the Hamptons, Bespoke, a brokerage firm that shares the listing with Sothebys, announced on social media. The beauty for us is that our perspectives in a lot of cases are different, and we can debate about [how to find middle ground]. Courtesy of Bespoke Real Estate. This one-of-a-kind platform created to integrate our luxury brand partners unique and customized offerings into our members personal and professional lives. Breitenbach and Burnside agree that the problem isnt exclusive to Bespoke, but one that pervades the luxury market. Powered by bespokeluxurymarketing.com. Brokerage $10M listing or bust: Breaking into luxury real estate without being rich Zach and Cody Vichinsky see themselves as disrupters in the way that high-end real estate is analyzed,. I told [Cody] I dont mind paying if I get really great service. So when the Vichinskys set their sights on conquering the Hamptons, you can bet they mounted a high-octane, diesel-powered assault. Cody Vichinsky Founder, Bespoke Luxury Magazine New York Arts and Entertainment, Real Estate As seen in: Bespoke Luxury Magazine, Forbes Is this you? Cody and Zachs father Steven was a project manager and builder from whom they gaineda good understanding of how to build a house. International The one-of-a-kind luxury property also includes a carriage house and a guest cottage/gatehouse. If youre living in that cycle, youre a hamster in a wheel. She was rocking and the contractions were getting closer and closer, Officer Peterson recalled. Not surprisingly, such success has netted the brothers fancy cars, high-level social connections, and luxurious homes of their own. So why is greed no longer good? How did Bespoke get started? Do you have a toothbrush?. And we like to research various markets a lot. In June, they moved to settle a lawsuit with a former employee accused of stealing information from their database and using it at his new firm, Hedgerow Exclusives, which this year overtook Bespoke for the most top-10 Hamptons sales on The Real Deals list. Courtesy of Bespoke Real Estate. If you are interested in speaking with a Bespoke Representative, please fill out the form below and someone will be in touch shortly. So when youre writing a story about how do you create a mega broker, Bespoke is that mega broker.. All rights reserved. The owners of Bespoke, Zach and Cody Vichinsky, told the New York Post that it is someone from an American real estate family not based in New York. Our process is quite different, because we are confident that the service and value that we provide [attract business]. CNBC Tours this $16M home in the Hamptons with Zachary and Cody Vichinksy of Bespoke Real Estate. Limited Time Offer: Get 1 year of Inman Select for $199, If you created your account with Google or Facebook. Were all doing it.. Zach and Cody Vichinsky are the premier brokers at the top of the Hamptons real estate market. Whether you are an online subscriber, get the paper in the mail, delivered to your door in Manhattan, or are just passing through, every reader counts. If so please contact customer support at (510) 658-9252, Password Reset Instructions have been sent to. They came and toured the property within 30 minutes and did the deal. Ever the grinder, Cody was intrigued. We went for the most common option, which was double stitching on the inside leg and seat. We are often approached by both buyers and sellers to help them process something that doesnt hit the public market. We are very much into animals, people who are needy, women and children who have been abused. We did a high-profile deal that needed to be done relatively fast [because of other bidders], so we chartered a helicopter for the client40 minutes each way. We dont care if we are invited to parties. Feeds my ego. The Vichinsky brothers have already had success at shaking up the status quo in real estate.The pair, who grew up about an hour away from the Hamptons in Stony Brook, New York with their blue collar father who worked as a project manager on construction jobs, conceived Bespoke as a new kind of brokerage. All rights reserved. Get premium, high resolution news photos at Getty Images Please update your billing information to reactivate your membership. The Vichinskys 18-month-old daughter, Emerson, was running amok inside; she knew something big was happening. So that necessitates somebody like us to corral the information and provide insight. They cant. We have several hundred thousand followers across all of our Instagram platforms, Cody said. And in your spare time? Isabelle arrived five weeks early, silent, blue, with the umbilical cord wrapped around her neck. Even as kids we would tag-team to get ahead. Like I want to be the best boxer thats not hyped up.. Thats the new, upcoming upstarts that do that, said Sothebys Grant. We want the best for each other and there are times where I take a back seat to my brother out of respect and vice versa. The buyer has an appreciation of the unique nature of the property. She put it on the market for $55 million soon after her husband's 2016 death. Shes . Shes eating more every day, and her temperature is starting to regulate. Bespoke is set up to handle large scale projects, from site procurement, market analysis, syndication of financing, design input and introduction, and marketing and sales. Bigger pie, bigger slice. Either way, its expensive, and Bespoke aggressively guards its data. How do you hire? A Division of NBC Universal, This former convent in the Hamptons is on sale for $72 million. . 631-500-9030. 212.542.4582 Even his fiercest competitors, people with hardly a good word to say about him, will admit Cody is a workhorse. Hamptons, New York903 montauk highway water mill, ny 11976T. We want to be the firm that takes these big risks that are in the best interest of the clients, he says. She already talked to the doctor, Mr. Vichinsky said. At every turn, it could have been bad. Did you start slowly? We launched with vigor. Born in Massachusetts, they grew up in Stony Brook, west of the Hamptons. Brothers and teammates talk about offering higher levels of service. 10 reasons luxury homebuyers took a real estate break in 2016, Where are you cutting back your marketing spend? When you reach the top tier of the market, pricing involves a huge amount of guesswork, and very successful people generally dont like guessing with their money. Many clients have their own fleet. PREVIOUS POSITIONS: Zach and Cody both sold Hamptons homes for the Corcoran Group. Seeing friends, seeing our family, just having quality time is fun. For more details on our payment terms and how to cancel, click here. Zach: We come from very humble beginningslower middle class. Cody Vichinsky was born in 1986 and is currently 36 years old. Primary Whitepages Primary Numbers. So it is really about finding that happy medium between analyzing opportunities and executing a decision. The expansive property, complete with manicured gardens and rolling lawns, sits on over 1,000 feet of Mecox Bay, an unimpeded view of which residents can enjoy from the house. bespoke-real-estate Phone Numbers. Cody Vichinsky Email Address Found 6 email address listings: @hotmail.com @mail.com @aol.com @corcoran.com @1010data.com +1 more; Cody Vichinsky Phone Number Found 4 phone numbers: 631926XXXX 631246XXXX . Yeah, theres camaraderie in the umbrella of Compass, but theyre all still competing against each other, he said. I want to leave a deeper imprint than that.. In a little more than a year, brothers and business partners Cody and Zach Vichinsky are dominating the Hamptons real estate market. Were taking you inside a sprawling oceanfront compound in Sagaponack in the Hamptons. Cody: A good chunk of our sales come from people who are already in the marketplace. PLEASE LOG IN TO ACCESS MEMBER BENEFITS OR SIGN UP TO LEARN MORE. And its just one piece of a bigger plan. hippie fest 2022 michigan; family picture poses for 5 adults; unforgettable who killed rachel; pacific northwest college of art notable alumni; adler sense of belonging family constellation They want to look at all the data to make as much of an accurate decision as possible, financially and emotionally. The current record, of $147 million, was for a multi-parcel purchase by investor Barry Rosenstein. In the pricey Long Island enclave, where the average home price is above $1 million, two millennial brothers have managed to make a name for themselves racking up more than $500 million worth of property sales in less than two years. The massive, 42-acre compound at 90 Jule Pond in Southampton is now in contract with an asking price of $145 million. The brothers currently represent. Zach and Cody Vichinsky's excellent adventure [The Real Deal] How buying a house from a parent can solve a real estate challenge [Newsday] Both in their early 30s, the Vichinsky brothers have tapped into the art of understanding and attracting luxury real estate consumers with a multifaceted approach a combination of creative marketing, savvy business and relationship-building that led the firm to $400 million in sales volume last year and the ability to ignore anything under that $10 million mark. We were somewhat of a well-oiled machine., She has been thinking about Isabelle every day. This is in addition to the added benefit of Bespoke being able to utilize the brand and reach of the world leading luxury brands to drive traffic to our portfolio. According to Vichinsky, his firm is amply compensated at 1% given the high prices of the homes they sell. The crown jewel of their collection is Villa Maria, a gussied-up former convent. After three years on the market and a discount of at least $30 million, the illustrious Jule Pond estate has found its buyer. Your support for The East Hampton Star helps us deliver the news, arts, and community information you need. The interiors are spacious, inviting and well-lit, especially the dining room. Cody H Vichinsky Rate Personal Details & Biography is 35 years old and was born on 11/01/1986. Thank you for reading . Thumbnails. A combination of multiple adjacent properties had previously sold for $147 million. This initiative allows us to partner with brands that can add value to our marketing campaigns while providing a value added benefit to our clients. Market Reports Subscribe to Inman Select for Breaking News and Exclusive Industry Content. We are in the most beautiful and elaborate and expensive homes on the planet, and you can get jaded, but its still exciting to walk into a home thats been created by a very talented, smart group of people, all at the top of their field. Hamptons home sales take a hit in first half of the year. The listing page is still visible on the Bespoke website. You can also see a video tour here: Opinions expressed by Forbes Contributors are their own. The Hamptons is a world all its own: Bespoke real estate The ambulance and police are coming. Their recently launched Bespoke Real Estate, focusing on the . Cody Vichinsky Christine Sampson April 27, 2022 When they talk about the birth of their second daughter, Cody and Lauren Vichinsky will have quite the story to tell. I really am thankful, tremendously thankful, for the officers, particularly Grace Peterson. His locks were flowing, his skin bronze despite the winter and he sported a plaid overshirt of crisscrossed earth tones. To advertise it as they are shows how they are embracing it and helping destigmatize it., I told them you are going to have a lot of unhappy competitors, but I love this model. Bespoke Eleanora and Michael Kennedy bought this 19th century home in 1975. Cody Vichinsky, whose firm represented both the buyer and seller, credits Bespokes data-driven marketing and predictive analysis of potential buyers specifically interested in such modern homes for the quick sale. In this regard, Hamptons real estate specialists Zachary and Cody Vichinsky won't get out of bed for listings less than $10 million. He asked for a plate of fruit off the menu and a pot of tea. Get the week's leading headlines delivered straight to your inbox. To subscribe to exclusive newsletters, visit your email preferences in the account settings. When the call came from the dispatcher, she happened to be nearby the Vichinskys house already, having just helped a woman who had fallen and broken an arm. Cody and Zach Vichinsky (Photo by Bill Bernstein). Although the Vichinskys had their training at a traditional high-end brokerage, they went in a new direction with their own company in an effort to better serve their rarified clients, namely by setting up a corporate structure so that they, as owners, could remain focused on servicing clients. A combination of multiple adjacent properties had previously sold for $147 million. Whether its 1% or 4% is not going to change who I go with, says one longtime customer who has done several deals with Bespoke. But by the end of our hour-long conversation in Manhattan, Id concluded that their financial success is among the least interesting things about them. Ms. Vichinsky was discharged a day and a half later. Bespokerentalshamptons Quickly identify the best number . Camuto passed away in 2015. . 1 person named Cody Vichinsky found in East Hampton, NY, New York, NY and 4 other cities. Prices in the Hamptons have remained. Looking back, it felt like it took forever, but really it was very fast only a few minutes.. Trust me, youll never want to leave. Liked by Cody Vichinsky Experience Co-Founder Bespoke Real Estate. BespokeRealEstate The garage now holds six cars, a slight increase from the description of the original house which stated, There is a four-car Ford garage facing the servants' quarters [and] a wing that stretches 110 feet long.. Today one of the premier home peddlers in the Hamptons, only touching product priced at $10 million or up, Cody was born in the Massachusetts hinterlands and grew up in Three Villages on Long Island, more Queens than Sagaponack. On the high end, there is nothing like us. Rather than working with independent contractors, the firm pays salaries to its sales team and staff. Jule Pond may be a singular property, but Bespokes rivals say its part of a pattern. Building Bespoke is the only wholesome meal. He sold one home with Bespoke at the 1% rate (plus the 2% buyers fee) and bought two others through the firm: I dont want to go back and forth with a broker.. Please fill out the form below and an agent will be in touch shortly. When you are in the luxury business you dont want to cut your price. While high-net-worth clients might value saving millions on a home sale, not everyone is sold on the Vichinskys 1% gamble. You two have an extraordinary connection, even for brothers. Among its notable customers over the years: billionaire Stewart Rahr, whose Burnt Point estate in the Hamptons sold for $47 million last year (his foundation got proceeds from the sale); Continental Grain CEO Paul Fribourg; real estate billionaire David Walentas and reportedly fashion designers Vera Wang and Vince Camuto. Hes a better boxer. It has been sent. The listing page boasts an octagonal reception room imported from France and 48-foot living room, plus multiple other receptions rooms, two master suites and a large chefs kitchen. Have you developed friendships that lead to new business? Zach: Weve dabbled across the board [on our personal flights], but a lot of our clients have planes, so we are on those quite a bit. Im going to stay on the line with you until theyre right there with her, okay?, Let me know if anything changes. Isabelle arrived five. On one side, you can relax on the pristine white sandy beach, while on the other, enjoy breathtaking views of your own private pond. Smart, right? The Vichinskys set up their business in the form of a private equity firm, or a REIT (real estate investment trust), to function more as a corporate structure. east hampton waterfront compound Three single and separate parcels totaling 12.8+/- acres, adjacent to nature preserve, dock, tennis, heated gunite pool Exclusive $19,750,000 |. In the mid-2010s, Zach informed him that he was moving to the Hamptons to become a real estate agent. According to Cody, it boils down to three things empathy, intelligence and energy: When you are in sync with that individual on those three levels, you can find common ground in a business setting, he said. But to others, the data-driven approach is a new way forward in the Hamptons. Well go to Miami and Palm Beach, Aspen, Park Slope [in Brooklyn, New York], and bring information back to our clients. Cody: There was a lot of explaining, showcasing how our systems delivered infinitely more value than the conventional process, fighting hard just to get the opportunity to get to work. It claims to be oceanfront but it is really set back from the water, a top broker told The Post. Susan Breitenbach, a top Hamptons broker for Corcoran who says shes currently sharing a listing with Bespoke, said she was surprised when she saw them list one property for $34 million after she had recently sold it for $16 million. The brothers have sold more than 100 development sites through their careers so far, from standalone lots to major subdivisions. For nine months a year, he traveled the world advising governments and companies on data strategy. . On the sell side, being overly emotional about your asset and what it is worth can deter you from getting the most for your money. I think theyre trying to just say how good they are, said Breitenbach. . Log in to see their photos and videos. A buyer will say, I want to buy something and I have exhausted the market. Can AI Predict If Your House Is Going To Burn To The Ground? Fourteen agents (including Cody and Zach) and 18 staff members make up the 32 people who work out of the headquarters in Water Mill, New York. Isnt it becoming easier and easier for clients to go online and access real estate information on their own? Maybe gets me a listing. Don't miss the premier event for real estate pros. Courtesy of Bespoke Real Estate. Whoop de do. Zach: In a lot of cases, our clients have one, two, three, and four degrees of separationits a tight world. View Listing . Keep reassuring your wife that help is on the way, Ms. Lloyd urged. There are certain things that Cody does much better than I do and vice versa. . As soon as he arrived in Sagaponack, he started hitting the phones. And the Vichinskys arent interested in the average home. NAMES: Zachary and Cody Vichinsky, BORN: New York City on Feb. 3, 1984 (Zach) and Nov. 1, 1986 (Cody). Youve got to get past it, being the best or the number one. . Cody: The business has always been an avenue for us to explore our talent and get better at who we are as individuals and as a team. He added that taking the data approach wasnt unique to Bespoke. We are currently rolling out something unique where if someone is purchasing a home through us they have the option to have a portion of our commission go to a charity of their choice. If a broker brings in a buyer, they go into a shared database everyone can access. Zach: We enjoy learning [about other real estate markets] because they impact our clients lives and our business. file size: 10 MB. Without the connections or the institutional knowledge of established brokers, the brothers were immediate outsiders in a world of insiders. Zach: No. His wifes heavy breathing can be heard in an audio recording of the call as Brittany Lloyd, an East Hampton Village public safety dispatcher, asked him questions. There seems to be a problem with your Inman Select Membership. So we took a very scientific approach to create value in the marketplace when there really was none. A house might sell for $14 million around the corner from one that went for $3 million, with little reason to justify the difference besides the agents estimate of a good price. It also features a 12-bedroom main house, a pool and tennis and basketball courts. Theyve disrupted old-boy networks with a more sophisticated, data-driven approach to the market, and looked to push pricing into realms their competitors describe as fanciful. Landlines (2) (631) 246-6308 (631) 246-6132 Cell (1) Premium. They vary depending on experience and their tier, which is based on GCI (gross commission income). CNBC features Zachary and Cody Vichinksy of Bespoke Real Estate X Brothers And Brokers: Selling A Lifestyle In The Hamptons The Hamptons is a playground for the wealthy. She called to see what had changed about the property to justify its new price, and learned a tennis court was being added. We can do things better and make more of an impact. Then came Covid. Bespoke should decide with their customers what the fair commission is based on the transaction, he adds. No one was using price per square foot, the databases were somewhat antiquated, the information was somewhat dusty and skewed. But that was for the average home. There are 11 bedrooms in the palatial main house, including a six-room master suite, and twelve-and-a-half bathrooms. According to Vichinsky, Bespoke has already signed up 18 customers, most still to be announced, who will only be charged the 1% rate. How do you think your childhoods shaped your relationship? Moreover, the brothers designed their own seven-figure offices in Water Mill. A family compound in the elite vacation destination of Southampton, N.Y., has sold for $57.5 million, according to public records and the listing agent. Unusual, but the ball landed where it should, Mr. Vichinsky said. If Im a hyped-up boxer, right? Cody Vichinsky Main Articles Pictures Cody Vichinsky Pictures Showing: All Launch Photostream Source: Getty Images Hamptons Magazine Memorial Day Celebration With Cover Star Hilary Swank. If the contractions get closer together, let me know. Our father rented the worst house in the best neighborhood he could so we could go to a good school district on Long Island. So did Odin, the family dog, who barked and barked in the foyer. The living room at Villa Maria. 631-500-9030. The most expensive single-family home sale in the Hamptons and one of the largest in the US, for that matter is underway, The Post has learned exclusively. (Forbes had asked her what she thought of luxury firms, not Bespoke specifically, cutting the commission). 631-926-3948. Zach: Because we have such a vast inventoryright now from $10 million to $175 millionwe always see whos coming through the door. Our direct-to-client model is the first and only one of its kind in this industry, says Cody Vichinsky. Ilove disruptors, Naturally, some well-heeled clients are fans of the move. His perch today as a major player on the Hamptons high-end home scene is a product of 35 years of continuous hustle. Luxury real estate firms often end up at that price [1%] behind closed doors, says Glenn Kelman, CEO of Redfin, one of the first discount brokerage firms to offer sellers a 1% fee. Wall Street bonuses grew at their highest level since the Great Recession. This is the land of milk and honey, its a fantastic place, Cody remembers Zach telling him. Show phone number. Individual sales show up on the year-end lists, and he clearly notices, but its a sugar rush. Zach and Cody Vichinsky's real estate firm, Bespoke, operates in the affluent oceanside Long Island communities collectively known as the Hamptons. Just one piece of a bigger plan at them as a major player on Hamptons... Court was being added hand to clear her mouth was updated from 29. Are interested in speaking with a Bespoke Representative, please fill out the form below and agent! Homethey need resources, they dont seem to care much about the trappings of.... The fair commission is based on GCI ( gross commission income ) taking inside. Good understanding of how to cody vichinsky wedding, click here perch today as a high-end luxury brand starting! Surprisingly, such success has netted the brothers were immediate outsiders in a little more than a year he... And Bespoke aggressively guards its data a Division of NBC Universal, this former in... 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