Behold the new real estate report, South Fork edition.
The Hedges Inn, now owned by John Cumming, is in contract to be sold to Andrew and Sarah Wetenhall, marking an end to a year of drama that saw the 1873 inn, which is listed on the National Register of Historic Places, actively courted by Scott Sartiano and his celebrity hangout, Zero Bond.
After 35 years as a mainstay on Sag Harbor’s Main Street, Sylvester & Co. will close its doors for the last time next week.
Newly reported real estate transactions, Montauk to Southampton Village.
It’s fitting that the winner of East Hampton’s first Holiday Spirit storefront-decorating 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 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.
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.
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.
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.
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.
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
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 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.
New South Fork real estate transactions, Montauk to Southampton.
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.
Real estate is king here. And here are the latest reported moves.
Copyright © 1996-2024 The East Hampton Star. All rights reserved.