The Hottest News in Real Estate
We’re actually not surprised to hear that the Arbor, one of Marc Rowan‘s Hamptons restaurants, is in contract to be sold. The place seemed like a dud from the start. Starting with the name. A friend of ours, at the time, complained, “Arbor? That’s what they think a Montauk restaurant […]
About ten years ago, we were putting together a book proposal about famous and not-so-famous people’s love for Montauk. We wrote to Bernard Madoff in prison, and he wrote back. He was a swindler and a scoundrel, but he did love Montauk, as you will see. Dear Laura, My most […]
Actress Julianne Moore has sold her adorable Montauk cottage, right on Fort Pond, for the asking price of $2.85 million. Five years ago, her asking price for the 0.69-acre spread was $3.5 million, which seemed overpriced then. The house is small, with three bedrooms and just one bath, but it’s […]
Ah, Martell’s. Time was a young Hamptons Hot Sheet editor would ride her pennyfarthing downtown to this shop to purchase molasses candy and a new slide whistle. “What news?” she would ask the proprietor. “Has Mr. McKinley won election? Why, hello, Mr. Roosevelt.” OK, so actually it was a little […]
It’s no secret that real estate sales in the Hamptons are at fever pitch; less often reported on is the robust rental market. To see how much rentals have appreciated in the past few years, we decided to compare 2013 rentals with what’s on offer today. Back in the day, […]
A friend of ours once asked us why we were planning a stone patio for our house. Why not brick pavers? We thought about it and answered, “Montauk is a stone kind of place.” It is–and no other house we know of exemplifies it better than this one at 34 […]
Some things in life are forever, especially in Hamptons real estate. Take 42 Old Montauk Highway, Montauk, for instance. The place has been on the price LOLlercoaster for more than 10 years now. Back in 2009, the ask was $35 million. Undaunted, the owner, Eli Wilner (the well-known frame maker […]
Word came last week that Chili Peppers drummer and Montauk resident Chad Smith was selling his compound on Navy Road, asking $15 million. The property, which includes two lots and four acres, with main and guest house, was supposed to be repped by Jennifer Landey of Sotheby’s in Bridgehampton. However, […]
Actress Julianne Moore has put her adorable Montauk cottage, right on Fort Pond, on the market. Again. Five years ago her asking price for the 0.69-acre spread was $3.5 million, which seemed overpriced; now, in the ridiculously hot Hamptons market, the ask is $2.85 million, much more reasonable. Yes, the […]
The frenzied Hamptons real estate market continues apace. The biggest closing reported this week was 86 Highland Terrace in Bridgehampton, which sold for a cool $17.725 million. Repped by Susan Breitenbach and Cutter Koster at Corcoran, the property flew off the market in record time. It was listed at the […]
