The Hamptons real estate market hasn’t lost its summer heat. Last week, electronic dance music honcho Robert Sillerman closed on the sale of 1116 Meadow Lane in Southampton for $37.5 million. The deal marks the seventh Hamptons property to sell for over $30 million this year and the fourth since Labor Day. Now four other Hamptons properties are also in contract for over this price, The Post has learned. The numbers are notable...
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Home sales are soaring in the Hamptons — and now buyers who want more for their money are splurging on its traditionally less fancy neighbor, the North Fork, according to new market reports. While the number of home sales jumped 38 percent on the South Fork (a k a the Hamptons), they skyrocketed 60 percent on the North Fork, according to the Corcoran Group, which compared the first quarter of 2013 to the first quarter of 2014. Some...
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This historic Gin Lane oceanfront estate is the ultimate private and luxurious retreat. Panoramic views extend from sunrise over the Atlantic Ocean to sunset over Lake Agawam. The grand 10,000 square foot residence, offered on 14.5 acres with 500 feet of direct oceanfront, originally built over 8 decades ago and designed by the revered architectural firm Treanor & Fatio, was one of the grandest original summer colony residences....
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For the renter of Hamptons properties, the snowstorms ravaging the East Coast might have been the best thing that ever happened. Because even if you got a late start, don’t worry. Everybody else has, too. “You couldn’t get into a house,” says Enzo Morabito of Douglas Elliman. The frozen squalls kept both landlord and renter away. But it’s a temporary reprieve. The rental season is kicking into high gear. “Rental activity becomes...
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