Business

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.

The Mill Hill Realty Corporation was in front of the East Hampton Village Design Review Board again this week with plans for its Toilsome Farms Restaurant and Brewery. Dubbed a “beer hall” by neighbors who oppose it, an owner described the proposed business as “a restaurant, not a rowdy party scene.”