A new round of South Fork property transactions.
Business
The Sweet Smell of Nostalgia at Sagaponack GeneralStepping into the new Sagaponack General Store, which reopened yesterday after being closed since 2020, is a sweet experience, and not just because there’s a soft-serve ice cream station on the left and what promises to be the biggest penny candy selection on the South Fork on your right, but because it’s like seeing an old friend who, after some struggle, made it big. Really, really big.
East Hampton Star Shines at Better Newspaper ContestDurell Godfrey, The East Hampton Star’s longtime staff photographer and a fixture at community events from Montauk to Southampton, has once again been named one of New York State’s top photographers. At the New York Press Association’s annual conference last week in Saratoga Springs, The Star’s newsletter also repeated in winning first place in the Best Newsletter category, capping a successful awards season for the paper.
Tariffs Are Sobering News for Liquor StoresIt’s not clear when, or if, President Trump’s European alcohol tariff will ever go live. Nonetheless, the threat is looming over South Fork wine and liquor retailers, who have been forced to react to the uncertainty.
Recorded Deeds 03.13.25Mar 13, 2025
More real estate transactions, Montauk to Southampton Village, December to February.
Recorded Deeds 02.27.25Feb 27, 2025
The final Hamptons real estate report of wintry February reaches back into late, lamented November.
Recorded Deeds 02.06.25Feb 6, 2025
Looking for a Hamptons real estate report? Here’s two weeks in one.
At East Hampton Train Station, a Cafe or Bookstore?Keen-eyed observers may have noticed an intriguing “available retail space” sign placed over the holidays at the Long Island Rail Road Station in East Hampton Village. The space, 613 square feet total, is divided between 488 square feet that will be shared with the Metropolitan Transportation Authority, including a bathroom, and 125 feet of exclusive retail space.
Sale in Works at East Hampton’s Hedges InnThe Hedges Inn, now owned by John Cumming, is in contract to be sold to Andrew and Sarah Wetenhall, marking an end to a year of drama that saw the 1873 inn, which is listed on the National Register of Historic Places, actively courted by Scott Sartiano and his celebrity hangout, Zero Bond.
Sag Harbor's Sylvester & Co. Is Closing Its DoorsAfter 35 years as a mainstay on Sag Harbor’s Main Street, Sylvester & Co. will close its doors for the last time next week.
Recorded Deeds 12.19.24Dec 19, 2024
Newly reported real estate transactions, Montauk to Southampton Village.
East Hampton’s Monogram Shop Jingles All the WayIt’s fitting that the winner of East Hampton’s first Holiday Spirit storefront-decorating contest should be a business known for having fascinating windows: The Monogram Shop on Newtown Lane has made national headlines not for its holiday décor but for the tally of political cup sales that, in election cycles past, has been a notoriously accurate predictor of presidential outcomes. The window cup count was wrong in November, but the window display in December is, according to a panel of judges, oh so right.
Springs General Store: A 2026 Reopening?The Springs General Store has been shuttered since the end of the 2022 summer season, and while the new owners are getting closer to winning approvals for changes they plan, one of them, Daniel Bennett, confirmed via text last week that the store will remain closed for the summer of 2025.
Gosman’s Goes for $34.4 MilStephen Deckoff, the billionaire founder of the private equity firm Black Diamond Capital Management, and his son, Stephen E. Deckoff, are no longer simply longtime visitors to Montauk aboard their yacht. They are officially the new owners of Gosman’s Dock and several surrounding properties, acquiring the set for just over $34.35 million in October.
Recorded Deeds 11.28.24Nov 27, 2024
Some commercial action in Montauk. And other realty tidbits from hereabouts.