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Business

Pushed to the Brink by Pandemic

Jobs cancelled, loans rejected, two months waiting for unemployment to kick in, creditors calling. This Amagansett contractor's story will sound familiar to many who've been left reeling from the financial pain of the pandemic.

May 29, 2020
Long Island Creeps Out of Economic Lockdown

Two months of a nearly complete economic standstill came to an end Wednesday, when Long Island reached regional criteria necessary to reinstate some industries as evidence shows that the spread of Covid-19 here is increasingly under control.

May 28, 2020
C.P.F. Takes a Hit in April

One month after the Peconic Bay Community Preservation Fund recorded the highest first quarter revenues in its 22-year history, Assemblyman Fred W. Thiele Jr. announced last Thursday that in April revenues had fallen to a level more on par with 2019.

May 28, 2020
Recorded Deeds 05.28.2020

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

May 28, 2020
State Launches Small Business Loan Program

The $100 million program will provide low-interest loans to small business owners, nonprofits like day care centers and food banks, and residential landlords who did not receive one of the federal loans offered earlier. Eighteen percent of the money will be set aside for Long Island.

May 27, 2020
A private jet at East Hampton Airport Private Jet Travel to East Hampton Declines . . . Some

As with nearly everything else in the Northeast, private jet travel has declined during the Covid-19 pandemic, but not by as much as one might assume.

May 25, 2020
Liquor Sells Quicker in a Pandemic

The closure of restaurants and bars, endless time at home, various distillations of apocalyptic doom — these ingredients make a strong cocktail for business at wine and liquor stores during the pandemic. 

May 21, 2020
Main Street Retail Gets a Rethink

South Fork retail stores have been closed to the public during the economic shutdown, but when they are allowed to reopen, shopkeepers said this week that they will be welcoming back customers with steam-cleaned products, curbside pickup, sidewalk sales, and pleas to wear masks and practice social distancing.

May 21, 2020
Recorded Deeds 05.21.20

These prices have been calculated from the county transfer tax. 

May 21, 2020
Montauk Firm Wins Ad Awards

Blumenfeld and Fleming, an advertising, marketing, and design firm in Montauk, has won three platinum and five gold awards in the international Hermes Creative Awards competition.

May 21, 2020
$1 Million Summer Rental in East Hampton: Entire Hedges Inn

Wary about the prospect of welcoming a series of new visitors in the midst of the Covid-19 pandemic, the inn's management announced this week that it will seek to rent the entire property from June 1 to Labor Day for $1 million, or $350,000 per month.

May 17, 2020
East End Rental Market Is Booming

Using Airbnb is out, enlisting a savvy broker is in. Short-term bookings are out, long-term stays are in. Standard leases are out, customized ones with Covid-19 riders are in.

May 14, 2020