Business

So many real estate moves, so little time.

The Springs General Store has been shuttered since the end of the 2022 summer season, and while the new owners are getting closer to winning approvals for changes they plan, one of them, Daniel Bennett, confirmed via text last week that the store will remain closed for the summer of 2025.

It’s fitting that the winner of East Hampton’s first Holiday Spirit storefront-décorating contest should be a business known for having fascinating windows: The Monogram Shop on Newtown Lane has made national headlines not for its holiday décor but for the tally of political cup sales that, in election cycles past, has been a notoriously accurate predictor of presidential outcomes. The window cup count was wrong in November, but the window display in December is, according to a panel of judges, oh so right.

The latest reported South Fork real estate moves.

Stephen Deckoff, the billionaire founder of the private equity firm Black Diamond Capital Management, and his son, Stephen E. Deckoff, are no longer simply longtime visitors to Montauk aboard their yacht. They are officially the new owners of Gosman’s Dock and several surrounding properties, acquiring the set for just over $34.35 million in October.

Some commercial action in Montauk. And other realty tidbits from hereabouts.

More real estate deals for you to peruse and compare.

News on the South Fork real estate front.

Michael Clark, the executive director of LTV Studios, was honored with a Recognition Award at a Wainscott Citizens Advisory Committee meeting on Saturday after being invited as a guest speaker.

This week's reported real estate transfers include several vacant and commercial properties.

After 34 years in business — all of them on East Hampton's Park Place — the Party Shoppe will close its doors at the end of February when its owner, Theo Landi, retires.

First came news that Bridgehampton's Kmart, the former retail giant's last full-sized location in the continental United States, was closing. On Monday, the now-empty big-box store's future came into clearer focus: Yes, Target is coming to Bridgehampton.

Here. Now. Real estate. The latest.

B. Vintage, run by Linda Buckley and Cristina Buckley, a Springs mother-daughter team, is set to open tomorrow at 79 Main Street in East Hampton. It is the first business in the Anchor Society’s Winter Shops program, an off-season initiative that aims to fill otherwise empty storefronts.

Plans for 2 Main Street and 22 Long Island Avenue, which the developer Jeremy Morton is set to purchase, include additional second-story space and new facades for both buildings

Newly reported in the world of South Fork realty.

Shoppers who came to Bridgehampton from near and far on Sunday to mark the closing of the retail giant’s last full-size store celebrated and mourned, recalling affordable clothing, first jobs, and a different era.

The latest recorded real estate transactions here.

New South Fork real estate transactions, Montauk to Southampton.

The national trend of shell companies owning real estate is not a new phenomenon, but it's one that is solidly in play here on the South Fork — presenting benefits for the actual owners and problems of perception in some communities.

No rest for the realty. Here’s what’s new.

Real estate is king here. And here are the latest reported moves.

Two of the most visible properties at the entryway to Sag Harbor, at 2 Main Street and 22 Long Island Avenue, are in contract to be sold, the listing agent, Hal Zwick of Compass, confirmed on Thursday.

Kmart, a longtime anchor tenant in the Bridgehampton Commons, has hired the liquidator Eldon W. Gottschalk & Associates to handle the sale of the store contents in advance of the store's permanent closure on Oct. 20.

For all those curious about recent real estate transactions on the South Fork, this week's recorded deed transfers.

The Springs General Store achieved a victory at the East Hampton Town Zoning Board of Appeals last week, being granted its request for a natural resources special permit. It was needed because parking, fencing, and decking would be installed within 150 feet of wetlands. Don’t expect them to start churning out coffee and egg sandwiches just yet, however. The store still needs site plan approval from the town’s planning and architectural review boards.

A noticeable uptick in sales is here recorded, for all you real estate watchers out there.

Real estate, real estate, and more South Fork real estate.

“This has been a longtime problem on the South Fork,” Assemblyman Fred W. Thiele Jr. said in reference to a universal truth about Long Island: that gas prices generally get higher the farther east you go. The change in gas prices between UpIsland and the South Fork can be startling, and the change from just Southampton to Montauk even more so.

Much of summer on the South Fork is associated with crowded beaches, packed shops and restaurants, and people flooding in from elsewhere to spend time in the fresh air and sunshine. However, when the summer gives way to fall and winter, it becomes a whole different place.