Business

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.

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.

The latest reported South Fork real estate transactions.

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.

South Fork real estate news.

New property transfers from across the South Fork.

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.”

Get your Hamptons real estate fix here, readers.

News of real estate moves, Montauk to Southampton Village.

A class-action court ruling on Halloween, stemming from an antitrust trial in Kansas City, Mo., is the talk of the town among real estate professionals here. A federal jury found that the National Association of Realtors and multiple large brokerage firms had “conspired to artificially inflate the commissions paid to real estate agents,” The New York Times reported that day, calling it “a decision that could radically alter the home-buying process in the United States.”

Here. Now. Real estate.

From Montauk to Southampton, a rundown of new property moves.

It was a good run for the health food and vitamin shop Second Nature — almost 52 years in East Hampton — but on Sunday the shop closed its doors here for good. It wasn't the high price of rent but rather the lack of foot traffic that drove the decision, an owner said. “Southampton is livelier.”

So many L.L.C.s . . . it’s the new South Fork real estate report.

New real estate moves reported from across the South Fork.

The latest raft of real estate transactions, Amagansett to Water Mill.

Home décor, like fashion, shouldn’t be generic, but should reflect the uniqueness of your personality, and that’s another reason to shop local, rather than at the homogenous big boxes this season. Here, a guide to small, special South Fork shops offering housewares to match your aesthetic

“After 35 years here and 15 months off, it feels like where I belong,” said Dave Winthrop, who is back at Brent's General Store in Amagansett and ready to “make people feel like they’re coming to the old Brent’s.”

The latest reported deals across the South Fork.

The Shinnecock Indian Nation’s official cannabis dispensary, Little Beach Harvest, is now open for business, just in time for the Indigenous harvest holiday known as Nunnowa, which the tribe celebrates each year on Nov. 16. “It’s a major achievement. This is something that Long Island is in need of,” said Chenae Bullock, the managing director of Little Beach Harvest, in describing the region’s first tax-free cannabis dispensary, located on the Shinnecock territory.

The East Hampton Chamber of Commerce, a more than 60-year-old organization, is retooling, restaffing, and, after hibernating during the Covid years, is waking up and ready to engage the business community.

Real estate. Here. Now. The transactions.

Thirty-three years ago, Theo Landi’s sister-in-law Geri Sanicola said to her, “This town needs a party shop.” Mrs. Landi replied, “You find a spot and maybe we’ll do it.” The Party Shoppe has been helping to make birthday parties and holidays complete ever since.

The real estate report: Amagansett to Southampton Village.

A wintertime pipe burst at the Springs General Store, which has been shuttered for a year, spurred changes to plans to redevelop and reopen the store. Its owners have obtained liquor licenses for on and off-premise consumption, which seemed to pique the anxieties of the East Hampton Town Planning Board last week.

After 22 years at Amagansett Square, Mandala Yoga Center for Healing Arts will soon move to Scoville Hall on Meeting House Lane, not far from its existing location. Scoville Hall has served as a satellite space for Mandala’s yoga classes since 2021.

What’s new in Hamptons real estate buys.

"We're ecstatic that in the three days we've been open the community has shown us more support than we could have ever imagined," said Geary Gubbins, who has run the shop at 53 Park Place since 2013. "It's just been a real shot in the arm to get ourselves back in gear." The shop had been closed since a water line break in February flooded several businesses in the village.

Much action in Springs in this week’s South Fork real estate report.