Business

New real estate transfers.

New real estate transfers.

Cannabis industry entrepreneurs foresee a boom in cannabis businesses following New York State's legalization of adult recreational use. While state and local governments may moving slowly on next steps, those seeking to make a killing in the business are already poised to pounce. 

“It’s very interesting over here because we serve all kinds. We’re servicing the docks, the opposite of that, the landscaper and the person that owns the yacht,” said Bill Tabert, the owner of the Sag Harbor Launderette.

New real estate transfers.

Naturopathica Spa and Healing Center in East Hampton is partnering with Vie, an online meditation platform.

BRIDGEHAMPTON

Castel Property L.L.C. to 339 Sagg L.L.C., 339 Sagaponack Road (vacant), April 19, $2,400,000.

Seadentopf L.L.C. to SFAM JL L.L.C., 347 Job’s Lane, June 1, $24,995,000.

Oceans One Marina L.L.C. to 55 Norris Lane BH L.L.C., 55 Norris Lane, June 4, $1,750,000.

630 Lumber Lane L.L.C. to Kidd Construction Co Inc, 630 Lumber Lane, June 28, $1,575,000.

PLW L.L.C. to 142 Lopers Path L.L.C., 142 Loper’s Path, July 13, $3,745,000.

EAST HAMPTON

John Papas Cafe, an East Hampton Village fixture since 1992, is for sale for an asking price of $1.3 million, Hal Zwick and Jeffrey Sztorc, the Compass Real Estate brokers who hold the listing, announced on Monday.

The popular Amagansett eatery will take over the space now occupied by Mary's Marvelous in East Hampton, whose owner was ready to move on when her lease expires next year.

New real estate transfers.

Domenic Papa, the owner of a Connecticut car dealership, has bought the Amagansett and Bellport I.G.A.s, also known as Cirillo's Markets, from Fran Cirillo. 

A new attorney at Advantage Title, and a trunk show on Friday on Gingerbread Lane.