Billionaire investor James Chanos, sold his Further Lane property for $59.5 million last month, while the estate of the Life Savers heiress sold for $60 million last week, in what will likely be one of the top sales of 2021.

An inviting beach house with a guest cottage on Shelter Island makes for the perfect hideaway with plenty of special details and private spaces throughout the property.

What resulted from the real estate boom during the COVID-19 pandemic was a lack of turn-key inventory, and now buyers are turning to what land is available to create their own haven out east.

Dan Abrams, the chief legal correspondent at ABC News, is officially the new owner of Laurel Lake Vineyards and is ready to rebrand his new North Fork investment.

“Homes in the Hamptons continue to be selling quickly,” said Jennifer Friedberg of Brown Harris Stevens, “and the lion’s share​ ​of buyers have been focusing on properties that are turnkey, provide space for work from home situations, ideally located — and have a pool.”

So far, the average number of sold listings per week for 2021 has been about 24 properties. But don’t let that fool you. Demand is just as high as it was a few months ago.

A 9.2-acre estate in Southampton Village sold at its asking price of $32 million at the end of the year, according to deed transfers this week. 

The 6,000-square-foot home, inspired by the noted interior designer Waldo Fernandez’s travels to Thailand, consists of three structures surrounding a lotus pond.

“The land is so much more than its analysis,” John Steinbeck wrote in The Grapes of Wrath. One has to wonder how he would take pen to paper about the $17.9 million asking price on the Sag Harbor property he adored so much.

Check out the stories you may have missed this week on Behind The Hedges and in our March issue of the magazine.