Business

Montauk’s Westlake Marina, a family-owned and operated business for nearly 60 years, has been sold to Hildreth Real Estate Advisors, which according to the Traded NY platform paid $14 million. In Amagansett, Hildreth Real Estate Advisors previously acquired the 136 Main Street and contiguous 11 Indian Wells Highway parcels in Amagansett’s commercial district.

A new mixed-use proposal for the Amagansett Historic District, centering on a 112-spot parking lot, was unanimously panned last week at a meeting of the East Hampton Town Planning Board.

So many L.L.C.s . . . it’s real estate in the Hamptons.

South Fork realty. The hits just keep on coming.

Real estate news, South Fork-style.

The South Fork's latest reported real estate transactions.

The latest batch of real estate moves across the South Fork.

The week in South Fork real estate.

A Farrell purchase in Bridgehampton for over $24 million leads off the real estate report this week.

“It’s a record price per square foot for any commercial real estate transaction in the Hamptons, ever,” said Jeremey Tahari of Tahari Capital, whose father, Elie Tahari, sold the building at 1 Main Street in East Hampton for $22 million to Bernard Arnault, named by Forbes last week as the world’s richest person.

Christopher Gangemi, a reporter who joined the staff of The East Hampton Star in December 2021 as a newcomer to journalism, won the New York Press Association’s Rookie of the Year award at its Better Newspaper convention last weekend. The Star was also recognized for its news and feature writing and for its East magazine.

The march of the L.L.C.s — it’s the latest real estate report.