The Hamptons was all abuzz yesterday about a Twitter thread. Apparently, the mother of a 20 year old college student home in the Hamptons for the summer found $100,000 in his room. The son finally said that “in early April he struck up a conversation with a rich older woman […]
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Is Mid Ocean Drive the hottest real estate spot in the Hamptons?
A few weeks ago, 113 Mid Ocean Drive, Bridgehampton, closed for just above ask at $20 million. It’s oceanfront, 2.2 acres, with a 1673 square foot house (probably not long for this world). Now comes news that 180 Mid Ocean sold in late June for $13.825 million, just a smidge […]
It’s a Corona Christmas for Hamptons home prices in 2Q20
The last quarter results from the four agencies who compile data are all in, and the broad results are as follows. (Spoiler alert: it’s good news!) Each report tends to focus on slightly different parts of the market, so results tend to be slightly different from one another. Douglas Elliman […]
Bespoke’s Cody Vichinsky chats about the sizzling Hamptons market
The Hamptons sales and rental market are on fire. There are very, very few rentals left, and as for sales, just last week, for instance, 78 houses went into contract! Many veteran agents are complaining about the lack of inventory. (Meanwhile, the opposite is true in New York. According to […]
Start your retail empire with the Water Street Shops in Sag Harbor
Well, maybe. The mixed-use property is listed this week with Enzo Morabito of Douglas Elliman for $13.9 million. This is prime real estate adjacent to the new John Steinbeck Park, with current tenants 7-Eleven, Sing City Chinese restaurant and Water Street Wine & Spirits. Located at 22 Long Island Avenue […]
Hey Hamptons billionaires, the (plastic) pitchforks are out
Image via Twitter/nychange Man, it’s hard to be a billionaire these days. It’s the summer of Covid, so you’re out at your oceanfront (or nonoceanfront, in the case of Bloomberg) Hamptons mansion, sitting on your solid gold throne, thinking about taking back the reins of your hedge fund, when a […]