Recent Stories: Real Estate

Debra Scott
March 13, 2014
When it comes to commercial real estate on the South Fork, rumors abound. Come winter, with many shops closed, tongues wag about which are coming and which are going. Don’t necessarily listen to the scuttlebutt.

       When it comes to commercial real estate on the South Fork, rumors abound. Come winter, with many shops closed, tongues wag about which are coming and which are going. Don’t necessarily listen to the scuttlebutt.

Debra Scott
March 11, 2014

Last week, when Stacy Ludlow was driving down Halsey Lane in Bridgehampton en route home to Mecox Bay Dairy where she and her family make cheese, she noticed that a lovely old farmhouse dating from circa 1720 was being torn apart.

Debra Scott
March 6, 2014

The Arc House, a residence on Green Hollow Road in East Hampton that is a kind of glamorized Quonset hut will be featured Sunday on the Travel Channel.  Designed by Maziar Behrooz, an East Hampton architect who just opened an office in Manhattan’s Flatiron district, the nearly 5,200-square-foot structure is made of corrugated steel and held up by 14 “ribs.”

Debra Scott
March 3, 2014

When Paul Rice, an architect who has designed houses throughout the South Fork with his partner, Ward Welch, for 25 years, purchased a house at 78 Meeting House Lane in Amagansett in 2008, he set to work gutting it and adding 1,200 square feet. The timing couldn’t have been worse.

Plans were for a 4,500-square-foot, updated gambrel-roofed traditional but construction, which only extended to the exterior of the house, was stopped as the market dove south. The interior is framed, but unfinished. 

Debra Scott
February 26, 2014

A nearly six-acre property with a Tudor-style 12,000-square-foot house built in 2005 for Richard Demato, who is a Sag Harbor gallery owner, and his wife, Harriet Sawyer, an artist, closed Tuesday for just over $31.7 million. Though the deal does not set a record for the most spent on a North Haven property — that honor goes to Tyndall Point, a 55-acre sub-dividable parcel with a main house built in the 1950s that sold for $36 million in 2011 – it does set a record in the hamlet for a single-family residence.

Debra Scott
February 6, 2014

While historic houses are being torn asunder all over the South Fork, Southampton Town has come to the rescue of at least two.

The owners of the Benjamin Foster Homestead in Water Mill, a half-Cape from the Federal period, and the Foster-Downs House in East Quogue, a Greek Revival residence with later Italianate style embellishments, will each receive $10,000, to help pay for the cost of materials and labor for preservation efforts. Both properties attained town landmark status last year.

Debra Scott
January 21, 2014

Less than a year after the purchase of a Further Lane property in March for a staggering $62.5 million by Steven A. Cohen, a hedge fund billionaire, The New York Observer reported last week that the embattled billionaire is trying to “dump” the 6.5-acre property.

Debra Scott
January 17, 2014

Bill O’Reilly, the Fox News commentator known for bulldozing liberals, has bulldozed a 1940s cottage that had been perched high on a Montauk bluff overlooking the ocean, on property he purchased last year for $7.65 million.

Last summer when The Star interviewed the selling agent, Theresa Eurell of Town and Country, she said that if the cottage were demolished its buildable footprint would go with it, allowing nothing to be built on that idyllic location again. Local residents were hoping he'd keep the cottage as a romantic aerie.

Debra Scott
January 14, 2014

If you build a house for immortality it might be a bit inconvenient, even embarrassing, to eventually die. But Madeline Arakawa Gins, an architect, who with her husband, who was known simply as Arakawa, also an architect, built a house in East Hampton to pre-empt death for its inhabitants, left the mortal plane last week at age 72, according to an obituary in The New York Times. Mr. Arakawa predeceased her by four years.

Debra Scott
January 10, 2014

For more than a decade it stood vacant near the East Hampton Village train station, a Floridian-style house – stucco, flat roof, the sort of place that begs for a plastic flamingo on the lawn.

Recently, the next-door neighbors at 11 Sherrill Road, Jeff Williams and Tim Walsh, bought the property, and are building a new house there. The couple plans to return the style of the property to a time before that of its former Art Deco incarnation. Jack Thullen Construction is their contractor.

Debra Scott
January 2, 2014

When a rental client called Roxane Robinson, an agent at Brown Harris Stevens, and told her about an $800-a-month house she’d seen on Zillow available for rent year round in East Hampton Village, Ms. Robinson knew something was fishy.

Her first clue: Her customer had at first felt as if he’d won the lottery. Alas, the reality is “We don’t have any affordable housing out here,” she said.

Debra Scott
December 31, 2013

What could be the best rental deal in the Hamptons just came on the market for the summer season. One of the coveted oceanfront Sea Spray Cottages, vestiges from the glory days of the Sea Spray Inn, which dated from 1840 and burned down in 1978, can be had by the highest bidder.

East Hampton Village, which owns the 13 cottages near Main Beach, is soliciting bids for the summer season through 2 p.m. on Jan. 27 for the one-bedroom cottage number 14 (named thus most likely for reasons of superstition).

Debra Scott
December 23, 2013

With her term on the East Hampton Town Board soon to be behind her, Theresa Quigley has moved up in the world, well, at least to a “higher” place.

It was announced today that the real estate attorney has been named executive managing director and general counsel to Saunders and Associates, a real estate firm based in Bridgehampton whose tag line reads: “A higher form of realty.”

Debra Scott
December 20, 2013

Whether the seller of a Southampton house gets paid in Bitcoin as he’s asking, or in cash, which he’ll take — he’s certainly stirred up a lot of attention for his listing on Big Fresh Pond.

Star staff
December 11, 2013

P. Kraft and T. Howe to C. Roberts, 68 Fresh Pond Road, 2.44 acres, Oct. 9, $4,300,000.
R. Fleming Trust to Farrell Holding Company, 59 Meeting House Lane, .5 acre, Oct. 2, $2,250,000.

I. Hegner to S. and N. Nadler, 309 Old Sag Harbor Road, 2.2 acres, Sept. 17, $1,920,000.
Sweet Manna Farm to 92 Day Lily Lane L.L.C., 92 Day Lily Lane, 1.61 acres (vacant), Sept. 27, $2,085,000.
E. and M. Sherin to 110 Guyer, L.L.C., 110 Guyer Road, 1.98 acres, Oct. 10, $6,400,000.

Star staff
November 20, 2013

P. Geffen and K. Kessler to D. Lamb, 251 Lumber Lane, 1.31 acres, Sept. 25, $1,500,000.
K. Praetorius to A. Burke, 2284 Main Street, Unit 1, Sept. 18, $419,000.
FD HFZ Bridgehampton to 94 Highland Terrace, 94 Highland Terrace, 2.14 acres (vacant), Sept. 17, $7,000,000.

R. Dorment to W. and E. Tobin, 147 Cedar Street, 1.2 acres (vacant), Sept. 5, $1,200,000.
P. and S. Wunsch to P. Kuhn, 1 Irma Court, .6 acre, Sept. 17, $1,750,000.

Star staff
October 30, 2013

A. Hede to S. and J. Hirsch, 12 Pond Park Place, 1.68 acres, Aug. 8, $1,650,000.
R.N. Amagansett (by referee) to F.C.S.B. A Reo N.Y.-Retail, 542 and 548 Montauk Highway, .81 acre, Aug. 16, $1,127,000.
J. and A. Guilder Trusts to E. and C. Fagan, 41 Gardiner Drive, .23 acre, Aug. 1, $1,390,000.
I. and M. Gerberg, to D.J. Beach Home L.L.C., 73 Devon Road, .23 acre, June 28, $1,287,500.

P. and L. Gubitosa to K.P.G. Construction Company, 16 Bridge Hill Lane, 1.13 acres (vacant), Aug. 23, $890,000.

Matthew Taylor
April 20, 2011
Real estate endured a significant drop-off on the East End in the first quarter of 2011, compared to the same period last year, data from two sources show.
April 13, 2011
Joanne Pilgrim
March 4, 2011
A round-table discussion and public question-and-answer session from 2 to 4 p.m. on Saturday called “Housing, Open Space, and Taxes: A Question of Balance” will center on the issues surrounding those interrelated topics in East Hampton Town.
December 19, 2010
<br />