The real estate report.
The latest raft of real estate transfers, Montauk to Southampton Village.
The prices below have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.
Real estate transfers from June to October, Amagansett to Southampton Village.
Max Bonbrest, an East Hampton native, pledges her women’s clothing store, AYR, will join the ranks of permanent, all-year-round businesses in East Hampton Village. In fact, that’s what “AYR” stands for.
Mark Drucker, a Springs resident, has launched Love, Dog, a new digital magazine that focuses on dogs and human-canine relationships and seeks to be a breed apart from other pet publications.
Thomas Crouch and Jameson McWilliams, who until recently were assistant attorneys in the East Hampton Town attorney’s office, have announced the opening of the Crouch McWilliams Law Group on Pantigo Road.
The Village True Value hardware store in East Hampton has joined with a sports apparel company to offer a line of sweatshirts, T-shirts, and caps that will benefit first responders and their families.
A group of investors has purchased 2 Main Street in Sag Harbor Village, home to the K Pasa restaurant and other businesses, and is seeking to have Southampton Town purchase the building with community preservation fund money.
The U.S. Department of Labor has ordered Dune Resorts and Ocean Bay Management, hotel management companies based in East Hampton, to pay $210,000 in back wages and penalties for violating terms of the H-2B guest worker visa program in 2017 and 2018.
The building was once a watering hole frequented by Jackson Pollock, Willem de Kooning, and other well-known midcentury artists.
Cannabis industry entrepreneurs foresee a boom in cannabis businesses following New York State's legalization of adult recreational use. While state and local governments may moving slowly on next steps, those seeking to make a killing in the business are already poised to pounce.
“It’s very interesting over here because we serve all kinds. We’re servicing the docks, the opposite of that, the landscaper and the person that owns the yacht,” said Bill Tabert, the owner of the Sag Harbor Launderette.
Naturopathica Spa and Healing Center in East Hampton is partnering with Vie, an online meditation platform.
BRIDGEHAMPTON
Castel Property L.L.C. to 339 Sagg L.L.C., 339 Sagaponack Road (vacant), April 19, $2,400,000.
Seadentopf L.L.C. to SFAM JL L.L.C., 347 Job’s Lane, June 1, $24,995,000.
Oceans One Marina L.L.C. to 55 Norris Lane BH L.L.C., 55 Norris Lane, June 4, $1,750,000.
630 Lumber Lane L.L.C. to Kidd Construction Co Inc, 630 Lumber Lane, June 28, $1,575,000.
PLW L.L.C. to 142 Lopers Path L.L.C., 142 Loper’s Path, July 13, $3,745,000.
EAST HAMPTON
John Papas Cafe, an East Hampton Village fixture since 1992, is for sale for an asking price of $1.3 million, Hal Zwick and Jeffrey Sztorc, the Compass Real Estate brokers who hold the listing, announced on Monday.
The popular Amagansett eatery will take over the space now occupied by Mary's Marvelous in East Hampton, whose owner was ready to move on when her lease expires next year.
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