The week’s real estate report, with an awful lot of L.L.C.s in the mix.
The week’s real estate report, with an awful lot of L.L.C.s in the mix.
For a luxury Montauk rental, it sounds too good to be true. Six bedrooms, 7,300 square feet, ocean view, heated saltwater pool with waterfall edge, and top-of-the-line kitchen appliances listed for $2,500 a night on Airbnb. The catch, says the homeowner: It's a scam offered by "hosts" who've used the legitimate real estate photos to dupe unsuspecting vacationers.
Here's a snapshot of real estate dealings from Montauk to Southampton Village.
Eversource, the Boston and Hartford-based energy company that is a partner with the Danish energy company Orsted in the South Fork Wind farm and other projects, may sell all or part of its offshore wind assets.
A $690,000 sale in Noyac is the rock bottom of the market? This is the week in Hamptons real estate.
It wasn’t just bread baking or pet ownership that Covid refugees turned to once they had alighted here during the pandemic. Many also embraced horseback riding, observed Natalie Mattson, who owns Brennan’s Bit and Bridle in the Bridgehampton Commons.
In addition to an already tight labor market, three major structural problems plague the East End. Lack of affordable housing, lack of public transportation and inadequate roads to handle growing traffic, and a lack of child care add to the already difficult task of hiring and retaining employees.
Construction is under way at 106 Newtown Lane in East Hampton Village, where a new retail store, office space, and two-bedroom apartment are planned on the site of the former East Hampton Cleaners, which closed at the end of 2018.
The latest in the never-cooling South Fork real estate market . . .
"I've always loved Montauk," said Jennifer Fowkes, the new executive director of the Montauk Chamber of Commerce.
From Amagansett to Bridgehampton, it’s the march of the big-money L.L.C.s.
The week sees an uptick in real estate action, with Noyac and East Hampton leading the way.
From Amagansett to Bridgehampton and west to the canal, the millions keep flowing. Here’s the latest in South Fork real estate transactions.
A $20 million sale in East Hampton Village, $13 million in Bridgehampton, and $3 million sales hither and yon.
The march of the L.L.C.s continues with a $17 million buy on North Haven, among others.
From a sizable commercial sale in East Hampton Village to a residential one of nearly $11 million in Amagansett, this is your week in Hamptons real estate.
Two $6 million transactions in Amagansett lead off the week in South Fork real estate.
A $19 million sale in East Hampton Village? Another on North Haven for $6 mil? Welcome to the Hamptons.
Breadzilla, the ever-popular and long-for-sale Wainscott bakery, sandwich, and gourmet shop, finally found a buyer.
Residential real estate transfers made history on the South Fork again in 2021, with record-high sales totals, record-low inventory, and a lightning-fast pace at which deals are being made. It was a frenzied year, described by industry professionals as a seller's market in which cash is king, bidding wars are common, and inventory is low.
The latest raft of real estate transfers, Montauk to Southampton Village.
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