Business

AMAGANSETT

Mulford Lane L.L.C. to Marina Zimina, 97 Mulford Lane, Sept. 18, $825,000.

Beowulf Capital L.L.C. to Cara and John Fry, 73 Gardiner Drive, Jan. 8, $1,875,000.

82 Beach L.L.C. to David and Kyra Barry, 82 Beach Avenue, Jan. 12, $2,200,000.

BRIDGEHAMPTON

John and Kathleen LoCovare to 808 Mecox Road L.L.C., 808 Mecox Road, Sept. 3, $4,500,000.

Adam and Andrea Taetle to Michelle and Sam Koeppel, 27 Grouse Drive, Dec. 10, $5,001,014.

East Hampton Point, the luxury resort and marina on five acres of Three Mile Harbor waterfront, has been purchased for just under $18 million by an investment group led by Heath Freeman, the president of the Alden Global Capital hedge fund and a Montauk resident.

The new owner of the Palm restaurant and Huntting Inn in East Hampton Village wants to add a pool with a hot tub, cabanas, and a patio to the property, and to renovate the building, which dates to 1699, to make it accessible to people with disabilities.

Khanh Sports, an athletic gear and equipment rental store in East Hampton Village that had been due to close in February because of a steep rent increase, will be sticking around for a few more years, Khanh Ngo, the owner, said.

Local catering companies are walking a dangerous edge. Another season like last year and some say they are sure to go out of business. That is the main point that they are trying to drive home with state lawmakers. And time is running out for them to take on work in the summer of 2021.

AMAGANSETT

Ama Ballenero L.L.C. to Ocean PSP L.L.C., 12 Whalers Lane, Dec. 14, $11,000,000.

BRIDGEHAMPTON

Sutton Farms L.L.C. to Sand and Snow L.L.C., 16 Highland Terrace, Sept. 30, $4,800,000.

EAST HAMPTON

7 Crooked Highway L.L.C. to Alexandra and Kyle Widrick, 7 Crooked Highway, Sept. 18, $3,278,060.

56 Miller Lane L.L.C. to Robert and Sarah Santangelo, 52 Indian Hill Road, Mar. 1, $2,995,000.

Stuart's Seafood Market, an Amagansett institution since 1955, is under new ownership, as Rashid Sulehri, the owner of Villa Italian Specialties in East Hampton, purchased the business earlier this month along with "all the business secrets including the recipes, and how they're successful and why they're successful." 

One great thing about hearing women talk about working in historically male-dominated professions is that it seems like the most natural thing in the world to them. As Women's History Month comes to a close, a ferry captain, train conductor, sound engineer, architect, landscaper, and auto repair business owner shared stories of life on the job.

AMAGANSETT

Christina and Neal Gabler to Matthew and Nadine Abramcyk, 8 Dennistoun Drive, Dec. 22, $2,010,000.

Jeffrey and Sheila Britz to David and Kyra Barry, 169 Atlantic Avenue, Feb. 11, $9,500,000.

BRIDGEHAMPTON

Paula Gottret to Matthew and Nancy Bromberg, 321 Paul’s Lane, Dec. 16, $6,995,000.

47 Sams Creek Acq L.L.C. to Metta Hampton Acquisition L.L.C., 47 Sams Creek Road, Dec. 21, $10,200,000.

15 Kellis L.L.C. to Angela and Neil Burgess, 15 Kellis Way, Dec. 29, $6,600,000.

More than a year after the onset of the Covid-19 pandemic caused a boom in East End real estate sales and rentals, industry professionals said the market is still going strong even as the end of the pandemic may be drawing near.

AMAGANSETT

Richard Harman Trust to Tricky L.L.C., 96 Meeting House Lane, Jan. 21, $4,000,000.

Greg and Ernie Schimizzi, brothers who run Hamptons Television, WVVH-TV, out of East Hampton, will be inducted into the New York State Broadcasters Hall of Fame in October after 44 years of working together in the film and television business.

The week in real estate transfers.

Because of an ongoing surge in home sales, the Peconic Bay Community Preservation Fund collected $21.07 million in revenues in January, the second-largest monthly amount in the program’s 22-year history.

AMAGANSETT

Phyllis H. Kramer to Andrew W. Seigel, 8 Seabreeze Lane, Dec. 1, $2,800,000.

Hamptons Five-O L.L.C. to Jesse and Joanna Jacobs, 15 Hedges Lane, Dec. 8, $5,250,000.

Furthest East L.L.C. to Pleasant J5 L.L.C., 472 Further Lane, Dec. 24, $8,000,000.

LBC Realty Company L.L.C. to Normary Associates L.L.C., 242 Marine Boulevard, Jan. 5, $9,400,000.

BRIDGEHAMPTON

Estate of Robert Browne to Andrea Scharf, 468 Butter Lane, Oct. 29, $3,750,000.

The latest real estate transfers.

People have rushed and raided shelves for the obvious during Covid — hand sanitizer, disinfectant, paper towels, yeast for all those burgeoning home bakers — but they've also rushed to buy up unexpected things like dumbbells, balloons, Krud Kutter, tiki torches, and zinc.

The week's real estate transfers.

Valentine’s Day candles that double as a food pantry benefit, books as amenities at inns, and a look ahead to a monthlong stay in Southampton.

AMAGANSETT

Cory and Lori Muscara to Kimberly Whitney, 73 Oak Lane, Sep. 29, $1,280,000.

Robin Burns-McNeill to 20 Whalers LN L.L.C., 20 Whalers Lane, Nov. 20, $4,200,000.

23 Bittersweet Lane L.L.C. to Geriann Tepedino, 23 Bittersweet Lane (vacant), Nov. 24, $1,875,000.

Estate of Albert Blasen to Linda and Stephen Fogelson, 6 Golf Club Drive (vacant), Dec. 30, $1,475,000.

BRIDGEHAMPTON

CVR First L.L.C. to NDL Enterprises L.L.C., 67 Birchwood Lane, Sep. 30, $3,512,996.

East End real estate sales hit historic highs in the final months of 2020 according to fourth quarter reports from several agencies. Across the region, from Montauk to Westhampton, a "massive increase" in home buying resulted in more than $1.6 billion in sales during the quarter, an "unprecedented" 124-percent increase over the same period in 2019, according to one real estate agency.

The latest real estate transfers.

The week's real estate transfers.

Health Rover, a health care company that makes house calls to people in need of Covid-19 tests and provides same-day results, is seeking to take the hassle out of the testing process.

The week's real estate transfers.

AMAGANSETT

Philip and Stephen Gellos to GBHCAL L.L.C., 22 Clinton Academy Lane, Sept. 9, $1,800,000.

Estate of Mardee Kravit to 57 Hampton Lane L.L.C., 57 Hampton Lane, Nov. 23, $1,800,000.

Melissa and Ross Muken to 8 Gansett Lane L.L.C., 8 Gansett Lane, Nov. 30, $5,750,000.

BRIDGEHAMPTON

Estate of Barbara Roesel to Karim and Laura Belkhayat, 413 Woodland Drive, Oct. 27, $1,650,000.

187 Dune Road L.L.C. to GR Dune Realty Holdings L.L.C., 187 Dune Road, Dec. 10, $50,150,000.

Few small businesses in East Hampton Town have been more adversely affected by the Covid-19 pandemic than fitness centers, which were shut down from mid-March through the end of August. During that span, several closed their doors for good and more may soon follow.

The latest real estate transfers.

From a winter surge in house rentals to a spring shutdown of in-person showings and a subsequent boom in sales that continued through Christmas week, the pandemic led to an unprecedented year in the East End real estate business. 

In the pandemic's early days, the owners of two Long Island businesses, Ken Wright of Wright and Company Construction in Bridgehampton, and Matthew Aboff, who has 32 painting supply stores across the Island, stepped up big time when it became known that a severe shortage of personal protective equipment for the Island's health care workers was looming.