The kickoff to the Hamptons season was muffled by a blanket of several feet of snow. Cancelled showings led to a slowdown, albeit a short-lived one. And some brokers powered through the powder. Brown Harris Stevens’ Caroline Sarraf told The Real Deal that she showed several properties using cross country skis and snowshoes. But on the whole, brokers say that real estate market is performing well so far this year. Town & Country’s...
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A beachfront property on Southampton’s Gin Lane will hit the market for the first time in more than 50 years with an asking price of $50 million. The 4-acre parcel is next door to Wooldon Manor, which Scott A. Bommer, founder of hedge fund SAB Capital, bought for $75 million and then almost immediately sold for more than $80 million, the Wall Street Journal reported. Tim Davis of Corcoran Group, who handled the sale for Bommer, will...
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Real Trends and the Wall Street Journal have released their list of the top real estate sales professionals for 2014, and a number of New York area brokers are among the so-called Thousand. In the category of top sales professionals by volume, John Burger of Brown Harris Stevens was the highest producer among the New York City crowd, coming in third in the nation overall with $422,646,500 in sales. Other spots in the top 20 were taken...
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