Commercial Real Estate

The Hedges Inn, an iconic East Hampton mainstay, will soon have new owners: Andrew and Sarah Wetenhall of The Colony Hotel in Palm Beach.

The East End often makes headlines because of its residential sales, but commercial real estate transactions shape our economy.

Manhattan Skyline Management Corp., a leading real estate firm in New York, announced that ConnectOne Bank has opened in East Hampton.

“The property has substantial history within the fabric of Southampton Village,” says Jeff Sztorc of Hamptons Compass Commercial.

Last month, word spread quickly that Gosman’s, prime commercial real estate along Montauk Harbor, changed hands. But for how much?

Formerly the home of Storms Motors, the three-acre property has been listed exclusively with Lee Minetree of Saunders & Associates. 

Target will be opening in the former Kmart space at the Bridgehampton Commons — the only question now is when.

Retail giant Target appears to have its sights set on the Bridgehampton location that was home to the nation’s last full-sized Kmart.

There are lots of opportunities out there for those who wish to open a restaurant or event space on the South Fork.

The two separate Eastport properties, totaling more than 1.52 acres, sit directly on Moriches Bay.