Business

The week in real estate transfers.

Because of an ongoing surge in home sales, the Peconic Bay Community Preservation Fund collected $21.07 million in revenues in January, the second-largest monthly amount in the program’s 22-year history.

AMAGANSETT

Phyllis H. Kramer to Andrew W. Seigel, 8 Seabreeze Lane, Dec. 1, $2,800,000.

Hamptons Five-O L.L.C. to Jesse and Joanna Jacobs, 15 Hedges Lane, Dec. 8, $5,250,000.

Furthest East L.L.C. to Pleasant J5 L.L.C., 472 Further Lane, Dec. 24, $8,000,000.

LBC Realty Company L.L.C. to Normary Associates L.L.C., 242 Marine Boulevard, Jan. 5, $9,400,000.

BRIDGEHAMPTON

Estate of Robert Browne to Andrea Scharf, 468 Butter Lane, Oct. 29, $3,750,000.

The latest real estate transfers.

People have rushed and raided shelves for the obvious during Covid — hand sanitizer, disinfectant, paper towels, yeast for all those burgeoning home bakers — but they've also rushed to buy up unexpected things like dumbbells, balloons, Krud Kutter, tiki torches, and zinc.

The week's real estate transfers.

Valentine’s Day candles that double as a food pantry benefit, books as amenities at inns, and a look ahead to a monthlong stay in Southampton.

AMAGANSETT

Cory and Lori Muscara to Kimberly Whitney, 73 Oak Lane, Sep. 29, $1,280,000.

Robin Burns-McNeill to 20 Whalers LN L.L.C., 20 Whalers Lane, Nov. 20, $4,200,000.

23 Bittersweet Lane L.L.C. to Geriann Tepedino, 23 Bittersweet Lane (vacant), Nov. 24, $1,875,000.

Estate of Albert Blasen to Linda and Stephen Fogelson, 6 Golf Club Drive (vacant), Dec. 30, $1,475,000.

BRIDGEHAMPTON

CVR First L.L.C. to NDL Enterprises L.L.C., 67 Birchwood Lane, Sep. 30, $3,512,996.

East End real estate sales hit historic highs in the final months of 2020 according to fourth quarter reports from several agencies. Across the region, from Montauk to Westhampton, a "massive increase" in home buying resulted in more than $1.6 billion in sales during the quarter, an "unprecedented" 124-percent increase over the same period in 2019, according to one real estate agency.

The latest real estate transfers.

The week's real estate transfers.

The week's real estate transfers.

Health Rover, a health care company that makes house calls to people in need of Covid-19 tests and provides same-day results, is seeking to take the hassle out of the testing process.

AMAGANSETT

Philip and Stephen Gellos to GBHCAL L.L.C., 22 Clinton Academy Lane, Sept. 9, $1,800,000.

Estate of Mardee Kravit to 57 Hampton Lane L.L.C., 57 Hampton Lane, Nov. 23, $1,800,000.

Melissa and Ross Muken to 8 Gansett Lane L.L.C., 8 Gansett Lane, Nov. 30, $5,750,000.

BRIDGEHAMPTON

Estate of Barbara Roesel to Karim and Laura Belkhayat, 413 Woodland Drive, Oct. 27, $1,650,000.

187 Dune Road L.L.C. to GR Dune Realty Holdings L.L.C., 187 Dune Road, Dec. 10, $50,150,000.

The latest real estate transfers.

Few small businesses in East Hampton Town have been more adversely affected by the Covid-19 pandemic than fitness centers, which were shut down from mid-March through the end of August. During that span, several closed their doors for good and more may soon follow.

From a winter surge in house rentals to a spring shutdown of in-person showings and a subsequent boom in sales that continued through Christmas week, the pandemic led to an unprecedented year in the East End real estate business. 

The week's real estate transactions.

In the pandemic's early days, the owners of two Long Island businesses, Ken Wright of Wright and Company Construction in Bridgehampton, and Matthew Aboff, who has 32 painting supply stores across the Island, stepped up big time when it became known that a severe shortage of personal protective equipment for the Island's health care workers was looming.

Khanh Sports, an athletic gear and equipment rental store that's been a fixture in East Hampton Village for 24 years, will close in February because of a steep rent increase, Khanh Ngo, the owner, said. 

The week's real estate transfers.

Suffolk County will use $1.6 million in federal funds to provide grants for East End small businesses and renters economically impacted by the pandemic, Suffolk County Executive Steve Bellone announced on Friday.

A mix of the holiday spirit and a desire to pierce the pandemic gloom with strings of twinkling lights has led to a record-breaking boom in Christmas tree sales, according to several South Fork vendors, and left those who waited too long scrambling to find a tree.

AMAGANSETT

Craig Anderson to 53 Red Dirt Road L.L.C., 53 Red Dirt Road, November 2, 2020, $1,927,000.

125 Barnes Hole L.L.C. to South Fork Country Club, 125 Barnes Hole Road, Oct. 27, 2020, $1,225,000.

9 Ocean Lane L.L.C. to CG88 Associates L.L.C., 9 Ocean Lane, Oct. 30, 2020, $1,625,000.

BRIDGEHAMPTON

Estate of Phyllis MacPherson to Stephen and Susan Baird, 50 Bull Head Lane, Oct. 16, 2020, $2,100,000.

Kevin Mance to Anthony McDevitt, 570 Lumber Lane, Oct. 26, 2020, $4,840,000.

EAST HAMPTON

Even with much that characterizes the holidays curtailed, the shopping season has been suprisingly strong on the South Fork, according to several shopkeepers. "People are making a conscious effort to shop locally," said Gwen Waddington, an owner of the Wharf Shop in Sag Harbor.

The week's real estate transfers.

With Hmptns, a new line of CBD products including Accabonac Harbor lotion, Two Mile Hollow extract, and Butter Lane tincture, two South Fork residents are seeking to add cachet to the burgeoning market for therapeutic treatments made from cannabinoids, chemical compounds derived from hemp.

For those seeking to shop locally this holiday season, the Village True Value Hardware Store in East Hampton now has a special section of locally made products.

Marine fishing industries that have experienced significant economic losses because of the pandemic can apply for federal grants through New York State's fisheries relief program starting on Tuesday. The application period ends on Dec. 31.

About the size of a gumball, the gem most likely came from a batch of clams dug in Mattituck, according to Bryan Gosman, a co-owner of the fish market, who hopes to raffle it off to raise money for the Montauk Food Pantry.