Cantor, King To Raise Money for Altschuler at Rennert Estate

Billionaire will host a luncheon at his oceanfront Sagaponack estate — purported to be the largest residential compound in the United States — with House Majority Leader Eric Cantor for 's campaign for Congress.

The $500-a-plate event was originally scheduled for Sunday, but has been postponed because Cantor could not keep the date, according to the campaign. A new date has yet to be announced.

U.S. Rep. Peter King, R-Seaford, the chairman of the House Committee on Homeland Security, is also expected to attend.

Altschuler, R-St. James, who to incumbent , D-Southampton, in a in 2010, is seeking the Republican nomination again for 2012.

Rennert donated $2,400 to Randy Altschuler for Congress in 2010, according to campaign finance documents. Rennert for his estate, Fairfield.