Business

It's a drop in the fishing bucket, but New York has begun to distribute $6.7 million in relief aid to the state's seafood, marine commercial, and for-hire fishing industries after excessive business losses due to the Covid-19 pandemic. In the coming weeks, award recipients will receive a letter accompanied by a check, based on reported economic loss experienced in 2020 compared to the previous five years.

The news on Monday of a "major reopening" of New York State came not a moment too soon for the South Fork's caterers and restaurateurs, for whom the pandemic represented an unprecedented disruption of business but who now must move swiftly to book and prepare for summer events while keeping an eye on state guidance that remains fluid.

The latest real estate transfers.

From liquor stores to landscapers, East End businesses are scrambling to staff up for the summer as an increase in job opportunities, beefed-up unemployment benefits, limited seasonal work visas, and the high cost of living are making it hard to find employees. 

Sales of single-family homes on the South Fork hit a record high in the first three months of the year as a surge in sales lured some who hadn't been planning to sell their houses to "seize the moment."

AMAGANSETT

James Polsky to Jonathan and Schuyler Levin, 28 Sarah’s Path, Nov. 20, $5,050,000.

The week's real estate transfers.

Home Health Care

Hamptons Inclusive Care, a new home health services company founded by Maka Nikachadze and Giorgi Adamashvili, has opened in Water Mill. The company’s home health professionals work with people with chronic illnesses, cognitive or physical disabilities, and terminal illnesses, as well as with people recovering at home from illness or injury or those who require assistance with everyday activities.

Brent’s General Store, the popular deli and catering business in Amagansett, is on the market for an undisclosed amount, according to Hal Zwick, a Compass real estate agent, who holds the listing with his colleague Jeffrey Sztorc.

For the past 34 years, the store has been owned by Artie Seekamp and his longtime business partner, David Winthrop. Mr. Seekamp declined to be interviewed about the sale.

AMAGANSETT

Mary Karoussos to Stonyhill L.L.C., 120 Stony Hill Road, Dec. 11, $1,927,476.

Glenn Behr to Handy Lane 6 L.L.C., 35 Handy Lane, Dec. 22, $1,675,000.

Outerbridge Associates Inc. to Handy Lane 7 L.L.C., 45 Handy Lane (vacant), Dec. 22, $1,675,000.

Glenn Behr to Handy Lane 2 L.L.C., 30 Handy Lane (vacant), Dec. 22, $1,570,000.

Laura Behr to Handy Lane 1 L.L.C., 24 Handy Lane, Dec. 22, $1,200,000.

BRIDGEHAMPTON

John A. Groody to STO 68 L.L.C., 68 Mecox Field Lane, Dec. 22, $6,100,000.

AMAGANSETT

Mulford Lane L.L.C. to Marina Zimina, 97 Mulford Lane, Sept. 18, $825,000.

Beowulf Capital L.L.C. to Cara and John Fry, 73 Gardiner Drive, Jan. 8, $1,875,000.

82 Beach L.L.C. to David and Kyra Barry, 82 Beach Avenue, Jan. 12, $2,200,000.

BRIDGEHAMPTON

John and Kathleen LoCovare to 808 Mecox Road L.L.C., 808 Mecox Road, Sept. 3, $4,500,000.

Adam and Andrea Taetle to Michelle and Sam Koeppel, 27 Grouse Drive, Dec. 10, $5,001,014.

Local catering companies are walking a dangerous edge. Another season like last year and some say they are sure to go out of business. That is the main point that they are trying to drive home with state lawmakers. And time is running out for them to take on work in the summer of 2021.

Khanh Sports, an athletic gear and equipment rental store in East Hampton Village that had been due to close in February because of a steep rent increase, will be sticking around for a few more years, Khanh Ngo, the owner, said.

The new owner of the Palm restaurant and Huntting Inn in East Hampton Village wants to add a pool with a hot tub, cabanas, and a patio to the property, and to renovate the building, which dates to 1699, to make it accessible to people with disabilities.

East Hampton Point, the luxury resort and marina on five acres of Three Mile Harbor waterfront, has been purchased for just under $18 million by an investment group led by Heath Freeman, the president of the Alden Global Capital hedge fund and a Montauk resident.

AMAGANSETT

Ama Ballenero L.L.C. to Ocean PSP L.L.C., 12 Whalers Lane, Dec. 14, $11,000,000.

BRIDGEHAMPTON

Sutton Farms L.L.C. to Sand and Snow L.L.C., 16 Highland Terrace, Sept. 30, $4,800,000.

EAST HAMPTON

7 Crooked Highway L.L.C. to Alexandra and Kyle Widrick, 7 Crooked Highway, Sept. 18, $3,278,060.

56 Miller Lane L.L.C. to Robert and Sarah Santangelo, 52 Indian Hill Road, Mar. 1, $2,995,000.

Stuart's Seafood Market, an Amagansett institution since 1955, is under new ownership, as Rashid Sulehri, the owner of Villa Italian Specialties in East Hampton, purchased the business earlier this month along with "all the business secrets including the recipes, and how they're successful and why they're successful." 

One great thing about hearing women talk about working in historically male-dominated professions is that it seems like the most natural thing in the world to them. As Women's History Month comes to a close, a ferry captain, train conductor, sound engineer, architect, landscaper, and auto repair business owner shared stories of life on the job.

AMAGANSETT

Christina and Neal Gabler to Matthew and Nadine Abramcyk, 8 Dennistoun Drive, Dec. 22, $2,010,000.

Jeffrey and Sheila Britz to David and Kyra Barry, 169 Atlantic Avenue, Feb. 11, $9,500,000.

BRIDGEHAMPTON

Paula Gottret to Matthew and Nancy Bromberg, 321 Paul’s Lane, Dec. 16, $6,995,000.

47 Sams Creek Acq L.L.C. to Metta Hampton Acquisition L.L.C., 47 Sams Creek Road, Dec. 21, $10,200,000.

15 Kellis L.L.C. to Angela and Neil Burgess, 15 Kellis Way, Dec. 29, $6,600,000.

More than a year after the onset of the Covid-19 pandemic caused a boom in East End real estate sales and rentals, industry professionals said the market is still going strong even as the end of the pandemic may be drawing near.

AMAGANSETT

Richard Harman Trust to Tricky L.L.C., 96 Meeting House Lane, Jan. 21, $4,000,000.

Greg and Ernie Schimizzi, brothers who run Hamptons Television, WVVH-TV, out of East Hampton, will be inducted into the New York State Broadcasters Hall of Fame in October after 44 years of working together in the film and television 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.