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.
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.
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.
At the onset of the pandemic in early spring, a mad dash of New York City residents seeking an East End refuge led to a surge in rentals, which depleted inventory of all but the most expensive properties. Given what landlords were asking per month, people began to think, "For that money I could carry this house for a year. . . . When we hit that tipping point, the flood gates opened."
These prices have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.
Restaurants are allowed to welcome guests indoors now that Long Island has entered phase three of reopening as of Wednesday, but because of safety concerns, several East End eateries are opting to stick with outdoor dining and takeout instead.
A medical practice opens in Amagansett and Southampton, and there's a new line of bath bombs and salts.
The Surf Lodge in Montauk will reopen, for hotel guests only, on Wednesday, with contactless check-in, a virtual concierge, in-room wellness classes, pre-bottled cocktails, and other Covid-mindful protocols.
These prices have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.
Inspired by similar operations across the country, and empowered by rules that say Native American communities can grow hemp, Shinnecock Hemp has begun cultivating the plant.
After getting permission for outdoor dining from state and local officials, East End restaurants are finding creative ways to make room for as many customers as possible this summer.
The Independent and Dan’s Papers merge, as do the real estate firms Halstead and Brown Harris Stevens.
These prices have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.
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