A rare opportunity for a waterfront compound is available in East Hampton’s Northwest Woods where two parcels are available for $8.49 million.

An oceanfront home in Bridgehampton, a property made to be Gordon Gekko’s house in the 1987 film Wall Street, officially sold on Thursday, closing at $28.5 million.

This North Fork home on the water’s edge boasts 180-degree panoramic bay views, plus a lot more.

Damage at Moby’s After Early Morning Fire [The East Hampton Star]
The Writer Kati Marton Is Selling Her Cottage in Southampton [NYT]
Silver Sands Motel Owner Fights ‘Hamptons Style’ Resort Makeover [NYP]
Stakeholders Frustrated Over Lack of Progress on Concer House Reconstruction in Southampton [27East]
SculptTour: See Hans Van de Bovenkamp’s Art Across Hamptons [Dan’s Papers]
Study: Visitors using East Hampton’s airport responsible for just 1 to 3% of spending in town [Newsday]
Lights Pitched At Hampton West Park Ballfield, And Neighbors Lead Off In Opposition [27East]

Catch up on the latest real estate news in the Hamptons.

The 6,500-square-foot home is located at 5 Rogers Court on just over an acre on a quiet flag-lot and is asking $4.995 million.

The 4,700-square-foot home located at 777 Dune Road offers seven bedrooms and six-and-a-half baths and incredible views from almost everywhere in the home. 

Firefighters got to undergo some important training inside an old restaurant building that is set to be razed.

“As one of the most important and refined estates in the Hamptons, the Grosvenor Atterbury designed residence on Coopers Neck Lane brings into concert the property’s century old provenance with the finest present-day amenities,” the listing with Brown Harris Stevens says.

In this week’s Market Update, we look at new listing activity in the Hamptons.