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Business

East Hampton Point Is Sold

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.

Apr 1, 2021
Huntting Inn Plans Pool, Hot Tub, Cabanas

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.

Apr 1, 2021
South Fork Caterers Plead for Help

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.

Apr 1, 2021
Recorded Deeds 04.01.21

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.

Mar 31, 2021
Women in the Lead in Male-Dominated Fields

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.

Mar 25, 2021
Stuart's Seafood Has New Owner, Old Favorites to Remain

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." 

Mar 25, 2021
Recorded Deeds 03.25.21

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.

Mar 24, 2021
In East End Real Estate, Covid Boom Shows No Signs of Bust

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.

Mar 18, 2021
Recorded Deeds 3.18.21

AMAGANSETT

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

 

Mar 17, 2021
A Broadcasting Brotherhood at WVVH-TV

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.

Mar 11, 2021
Recorded Deeds 03.11.21

The week in real estate transfers.

Mar 10, 2021
Preservation Fund Nets Second-Largest Monthly Income

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.

Mar 4, 2021