Business

One month after the Peconic Bay Community Preservation Fund recorded the highest first quarter revenues in its 22-year history, Assemblyman Fred W. Thiele Jr. announced last Thursday that in April revenues had fallen to a level more on par with 2019.

Two months of a nearly complete economic standstill came to an end Wednesday, when Long Island reached regional criteria necessary to reinstate some industries as evidence shows that the spread of Covid-19 here is increasingly under control.

These prices have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

The $100 million program will provide low-interest loans to small business owners, nonprofits like day care centers and food banks, and residential landlords who did not receive one of the federal loans offered earlier. Eighteen percent of the money will be set aside for Long Island.

As with nearly everything else in the Northeast, private jet travel has declined during the Covid-19 pandemic, but not by as much as one might assume.

These prices have been calculated from the county transfer tax. 

South Fork retail stores have been closed to the public during the economic shutdown, but when they are allowed to reopen, shopkeepers said this week that they will be welcoming back customers with steam-cleaned products, curbside pickup, sidewalk sales, and pleas to wear masks and practice social distancing.

Blumenfeld and Fleming, an advertising, marketing, and design firm in Montauk, has won three platinum and five gold awards in the international Hermes Creative Awards competition.

The closure of restaurants and bars, endless time at home, various distillations of apocalyptic doom — these ingredients make a strong cocktail for business at wine and liquor stores during the pandemic. 

Wary about the prospect of welcoming a series of new visitors in the midst of the Covid-19 pandemic, the inn's management announced this week that it will seek to rent the entire property from June 1 to Labor Day for $1 million, or $350,000 per month.

Using Airbnb is out, enlisting a savvy broker is in. Short-term bookings are out, long-term stays are in. Standard leases are out, customized ones with Covid-19 riders are in.

These prices have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

As East End hotels prepare to welcome summer guests in the midst of the Covid-19 pandemic, the new must-have amenities will include face masks made from luxurious fabric, chic dispensers for hand sanitizer, body temperature scanners, aesthetically pleasing dividers to ensure people maintain six feet of social distance, and other items that allow people to feel safe and pampered.

The prices below have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

The prices listed here have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

Before the Covid-19 pandemic struck, the East End real estate market had been in the midst of a boom that led to the highest first-quarter revenues for the Peconic Bay Community Preservation Fund in its 22-year history.

While the Covid-19 pandemic has brought business at East End hotels to a virtual standstill, several owners said this week that they are expecting an influx of guests this summer and will retool operations to accommodate them safely.

Meals for Hospitals

A portion of proceeds from sales at London Jewelers in East Hampton for the remainder of this month and May will be used to provide meals for the staff at Long Island and New York City hospitals, the parent company of the jewelry boutique announced on Friday. The store is also offering health care workers 20 percent off most purchases on londonjewelers.com.

AMAGANSETT

J. Campagnola Trust to J. Caccamo, 25 Laurel Hill Lane, 1.7 acres, Feb. 13, $1,700,000.

R. Silverstein to G. Fontanals, 133 Cross Highway, 1.7 acres, Feb. 20, $1,300,000.

Amagansett L.L.C. to H. Kaminsky and Slosberg, 8 Holly Way, .53 acre, Jan. 27, $3,705,000.

Kurzner Children Trust to 130 Bluff Road L.L.C., 130 Bluff Road, 1 acre, Jan. 16, $3,500,000.

Marran Family L.P. to S. Baker Trust, 4 Dune Lane, .28 acre, Jan. 14, $4,050,000.

BRIDGEHAMPTON

The prices listed here have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

The East Hampton Chamber of Commerce is offering free 30-minute virtual appointments to help small businesses apply for loans the federal government has made available for those economically impacted by the Covid-19 pandemic.

The Aboff family of Aboff’s Paint Stores has donated 3,200 N95 respirator masks to Stony Brook Southampton Hospital as part of a donation of personal protective equipment to several health care providers across Long Island.

People seeking an East End refuge during the Covid-19 pandemic caused a rush in real estate rentals in March, but the market is now at a complete standstill, according to brokers from Town and Country and Nestseekers. 

Seeking to help small businesses survive the shutdown of commerce due to the Covid-19 pandemic, the federal government on Friday launched a $349 billion loan program that business owners can use to cover two months of payroll costs, including benefits, plus utilities, rent, and interest on mortgages.

The prices listed here have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

The near-total shutdown in commercial activity on the South Fork amid the coronavirus pandemic is now impacting an industry that in ordinary times would be in its busiest period of the year: landscaping. 

The prices listed here have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

The ban on restaurant dining during the Covid-19 pandemic has decimated the South Fork restaurant business, according to Mark Smith, a co-owner of the Honest Man Restaurant Group, and Jason Weiner, a co-owner of Almond in Bridgehampton. Both have had to lay off employees in order to remain finacially strong enough to reopen after the crisis has passed.     

Another large segment of the South Fork’s work force was idled this week after Gov. Andrew M. Cuomo on Friday halted all nonessential construction during the Covid-19 pandemic.     

After her grandson’s wedding in Italy was foiled by the Covid-19 crisis, Carolyn Snyder and her family, the owners of Round Swamp Farm in East Hampton, decided to spread some love here at home by delivering homemade soups and groceries, including chickens, eggs, milk, and pantry staples, to those who are housebound.