Business

The Hamptons Realty Group, a fixture on Main Street in Amagansett since 1984, rolled up its signature red awning and vacated the space it has long occupied this week. The firm is still very much alive and prospering, said its owner Htun Han, but the pandemic has changed the way it is doing business.

The Suffolk County Aquaculture Lease Program's 10-year review advisory group will hold a public meeting on Wednesday from 4 to 6 p.m. via Zoom. Members of the public will have the ability to comment.

Because of a booming real estate market, revenues for the Peconic Bay Region Community Preservation Fund in August were $11.16 million, an increase of more than 85 percent from same month last year, Assemblyman Fred W. Thiele Jr. announced on Monday.

"The increase in revenue continues to be fueled by the exodus from New York City and other population centers to the East End," Mr. Thiele said.

These prices have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

A seminar on recouping economic losses in the pandemic, and a new home maintenance service.

These prices have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

These prices have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

New York State's hemp pilot research program has grown from two growers and 30 acres in 2016 to more than 500 producers and 20,000 acres this year, but is set to expire on Oct. 31, and participants in the state's budding hemp industry are nervous about changes in state and federal regulations that they say could have catastrophic consequences just as the industry is starting to thrive.

These prices have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

From acupuncture in the home to Baron’s Cove rooms in the off-season.

These prices have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

Due to a booming real estate market, the Peconic Bay Region Community Preservation Fund collected $61.1 million in revenues so far this year, the most for the first seven months of a year in the program's history, Assemblyman Fred W. Thiele Jr. announced last week. 

The preservation fund, which provides money for land preservation, water quality improvement, and the protection of maritime heritage, receives the proceeds of a 2-percent real estate transfer tax. The money goes to the five East End towns: East Hampton, Southampton, Shelter Island, Southold, and Riverhead.

The novel coronavirus and a booming real estate market on the South Fork are forcing real estate agencies to get creative in selling and renting properties. Virtual tours have become a popular solution.

AMAGANSETT

J. and B. Teatom to B. and D. Slusarev, 15 Arbor Path, 1.98 acres, May 1, $2,500,000.

84 IWH Realty L.L.C. to El Refugio 84 L.L.C., 84 Indian Wells Highway, 2.1 acres, June 25, $6,300,000.

EAST HAMPTON

G. Figliolia to M. and E. Beinus Trusts, 80 Sherrill Road, .34 acre, June 10, $4,000,000.

W. and J. Schacter to G. Tsetis, 7 Little Court, 1.55 acres, July 1, $1,700,000.

J. and S. Briller to N. and C. Casino, 70 Ely Brook to Hand’s Creek Road, .87 acre, June 18, $795,000.

When the company declared its support for the Black Lives Matter movement on a chalkboard outside its tasting room and on its Instagram account in June, initial reactions were largely positive. But a delayed backlash in the form of a new Facebook group that emerged last week called Defund Montauk Brewing Company is dragging the small business onto the battlefield of a social media war of words.

The impending merger of BNB Bank, the East End's last independent local bank, with Dime Community Bank of New York City will allow the institution to provide greater financial support to businesses while maintaining its connection to the region, Kevin O'Connor, the C.E.O. of BNB Bank, said in an interview last week.

AMAGANSETT

L. Badkin to R. D’Amico and K. Connors, 143 Mulford Lane, .3 acre, June 20, $775,000.

L. Halpern to K. and M. Perra, 127 Central Avenue, .29 acre, June 22, $1,900,000.

J. Wagner to J. and H. Gagliardi, 77 Gardiner Drive, .23 acre, June 15, $2,000,000.

BRIDGEHAMPTON

R. Nangalia and Ricciardi to D. Skokos and E. Albies, 125 Sea Farm Lane, .34 acre, May 13, $1,520,000.

EAST HAMPTON

When the Montauk Brewing Company declared its support for the Black Lives Matter movement on a chalkboard outside its tasting room in June, initial reactions were positive, but a delayed backlash in the form of a new Facebook group called Defund Montauk Brewing Company emerged earlier this week and by Sunday had over 20,000 members.

Noah in Amagansett

Noah, a men’s clothing brand with a flagship store in New York City, has launched a pop-up shop called Noah Hideout in Amagansett Square. The store is open daily from 10 a.m. to 6 p.m. through Sept. 6.

Philosofit Scales Back

AMAGANSETT

15 BS Lane L.L.C. to I. Lemberger, 15 Bittersweet Lane, 2 acres, June 29, $4,500,000.

The New Trust to R. Scully Trust, 36 Hedges Lane, .67 acre, May 15, $6,550,000.

BRIDGEHAMPTON

Berg Family Trust to 180 Mid Ocean L.L.C., 180 Mid Ocean Drive, 1.59 acres, June 23, $13,825,000.

R. Gutoff (by executor) to Kapri Realty Trust, 113 Mid Ocean Drive, 2.2 acres, June 19, $20,000,000.

EAST HAMPTON

To help retail stores, restaurants, and hotels survive the economic downturn caused by the pandemic, campaigns to promote fall tourism to the East End, and to encourage shopping locally will be essential, according to Tom Flight, a member of East Hampton Town's Business Recovery Group.

While gyms remain closed due to the pandemic, an outdoor exercise emporium that offers workouts ranging from spin and dance classes to high-intensity interval training has popped up on the grounds of the East Hampton Indoor Tennis club.

These prices have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

The Plain-T tea boutique in Southampton has partnered with Inspire, a clothing brand, to launch a limited-edition line of baseball caps and T-shirts.

The pandemic has caused a boom in luxury home sales and an increase in real estate prices on the East End, according to second quarter reports from the Douglas Elliman and Brown Harris Stevens agencies.

These prices have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

Sales of East End houses priced above $1 million were strong in the second quarter of 2020 despite the pandemic and a temporary ban on open houses, according to a new report from Town and Country Real Estate.

These prices have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

The East Hampton Town supervisor signed an executive order on Friday allowing already established gyms and exercise studios in the town to offer outdoor classes on separate commercial properties.

Long Island may lose up to 375,000 jobs and nearly $61 billion in economic activity this year because of the pandemic, according to a study commissioned by Suffolk and Nassau Counties. During the first two months of the pandemic, 270,000 residents lost their jobs. It was the highest rate of job losses in the country at the time.