Business

Newly reported real estate moves, y’all.

While not all the spaces in Jay Eastman’s newly renovated Park Place building have been leased, two anchors are in place: Amber Waves will move across the brick alleyway known as Eastman Way to occupy 64 Park Place, and a new burger and shake restaurant, Smokey Buns, will be next door at 68 Park Place.

The latest South Fork real estate rundown.

And the realty rolls on.

Real estate transactions here? Here’s the latest.

New South Fork real estate deals.

The real estate report is back, South Fork style.

According to Billboard, 49.61 million vinyl albums were sold in 2023. That marked the 18th consecutive year of growth in the format. And as the appeal of vinyl record albums has continued to expand, Craig Wright, the owner of Innersleeve Records in Amagansett, is following suit by nearly doubling his store's size.

In the spirit of unity and community, rather than competition, three local high-end construction companies have come together to launch the Construction Career Charitable Fund, a scholarship program for high school students who are interested in learning the building trades.

Have you ever considered working for town government? If so, East Hampton and Southampton Towns would like to hear from you.

Nearly every hamlet or village boasts a cost-free resource that can be an enormous benefit to job seekers: the local public library. From Wi-Fi access, computers, printers, and fax machines to relevant workshops, test-prep materials, and librarian services both virtual and in-person, libraries really do have it all.

Drew Smith, who manages East Hampton Village's Main Beach and is the chief of the village's lifeguards, said recently that anyone looking to work this summer as a lifeguard, on the village beaches or on the East Hampton Town beaches overseen by John Ryan Jr., "should either contact me or John as soon as possible — I can't emphasize that enough. Reach out to us and let us know your interest."

Businesses looking to hire students for summer work are sought for a regional job fair at Southampton High School on April 11 from 12:30 to 2:30 p.m.

Uptick, anyone? The latest salvo from Real Estate World.

New realty transactions here.

After months of adjournments, representatives of the Huntting Inn returned to the East Hampton Village Zoning Board of Appeals last week, continuing its quest to add a pool and hot tub behind its timber-frame guest house.

The Anchor Society of East Hampton, a nonprofit community group working to revitalize the village business district and return a warmer sense of community to Main Street and Newtown Lane, has issued a call for applications to its Winter Shops program, which will place pop-up shops in otherwise empty storefronts during the off-season.

And the hits just keep on coming. It’s the Hamptons real estate report.

The developer Harry Macklowe listed his Georgica Pond house last week for $38 million. Despite the legal costs Mr. Macklowe has accrued since 2019, when East Hampton Village first hit him with a stop-work order citing illegal clearing and improvements, he stands to make a tidy profit if he gets close to that number, having bought the property in 2017 for $10.35 million.

More South Fork real estate moves . . .

South Fork real estate transactions from the end of last year.

Last week, an excavator tore up the Reutershan Parking Lot at the end of Eastman Way in East Hampton Village as rings for a new sanitary system sat behind a chain-link fence, a sign of big changes to come downtown.

Is it just us, or has this list grown?

Three of the buildings that comprise Adam Potter's 11 Bridge Street Limited Liability Company in Sag Harbor — 23 Bridge Street, 12 Rose Street, and 8 Rose Street — hit the real estate market this week, raising the question of whether his plan for a large, mixed-use building there is dead.

La Dune, an iconic property in Southampton once listed for $150 million, was sold by Sotheby’s Concierge Auctions last month for $88.48 million in a bid placed over the phone. It was the most expensive property ever sold in a real estate auction on the South Fork.

Here’s what’s new out this way, real estate-wise.

The latest reported South Fork real estate transactions.

Mary Waserstein, named executive director of the Greater East Hampton Chamber of Commerce just this past fall, has resigned, saying that she hasn't been paid since starting with the group and has been unable to reach a consensus about compensation with its board of directors.

South Fork real estate news.

When the word “suffered” ends up in a year-end real estate home-sales report, you know it can’t be good. And while Judi Desiderio, the C.E.O. and president of Town and Country Real Estate, said “the worst is yet to come,” the rental market is showing strength, and the stock market is hitting new highs.