Uptick, anyone? The latest salvo from Real Estate World.
After months of adjournments, representatives of the Huntting Inn returned to the East Hampton Village Zoning Board of Appeals last week, continuing its quest to add a pool and hot tub behind its timber-frame guest house.
The Anchor Society of East Hampton, a nonprofit community group working to revitalize the village business district and return a warmer sense of community to Main Street and Newtown Lane, has issued a call for applications to its Winter Shops program, which will place pop-up shops in otherwise empty storefronts during the off-season.
And the hits just keep on coming. It’s the Hamptons real estate report.
The developer Harry Macklowe listed his Georgica Pond house last week for $38 million. Despite the legal costs Mr. Macklowe has accrued since 2019, when East Hampton Village first hit him with a stop-work order citing illegal clearing and improvements, he stands to make a tidy profit if he gets close to that number, having bought the property in 2017 for $10.35 million.
Last week, an excavator tore up the Reutershan Parking Lot at the end of Eastman Way in East Hampton Village as rings for a new sanitary system sat behind a chain-link fence, a sign of big changes to come downtown.
Three of the buildings that comprise Adam Potter's 11 Bridge Street Limited Liability Company in Sag Harbor — 23 Bridge Street, 12 Rose Street, and 8 Rose Street — hit the real estate market this week, raising the question of whether his plan for a large, mixed-use building there is dead.
La Dune, an iconic property in Southampton once listed for $150 million, was sold by Sotheby’s Concierge Auctions last month for $88.48 million in a bid placed over the phone. It was the most expensive property ever sold in a real estate auction on the South Fork.
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