Here’s the Five Priciest Closings Since Labor Day

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Let’s see how the numbers are stacking up this autumn. These are the highest closings recorded since Labor Day by Zillow. $16.4 million 289 Parsonage Lane, Sagaponack Original asking price: $21.9 million Time on the market: 1.5 years Size: 11,665 sq ft / 2.0 acres $12 million 134 Narrow Lane E, Sagaponack Original asking price: $12.5…
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Another Property Joins the Half-Off Club

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This is now the third property we’ve written about recently that’s approaching half off the original asking price. Originally listed at $8.99 million, it’s now asking $4.9 million. This is really a very nice house and garden: nothing to complain about here at all. Yet no one has purchased it over the years it’s been…
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A Knockout in North Haven Sells Quickly

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Well, the property sold fairly quickly, anyway: the listing came onto the market in August and now it’s contract. And why not? It’s lovely inside and out. We really like the dark exterior, which feels fresh. So do the interiors, although the house was built ten years ago, it feel bang up to date in…
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Hamptons Fall Forecast

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Hamptons real estate is trend-driven–more so than other markets. The combination of well-heeled buyers and a second-house market means that buyers here are more interested in the next big thing here than elsewhere. Last autumn, the word was that small (meaning 3000 square feet and under) was the new large. But that hasn’t panned out,…
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NYC Restaurateur Purchases Yacht Designer’s Hampton Bays Pad

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7 Nautilus Court in Hampton Bays closed two days ago. Listed originally about a year ago for $2.4 million by Joseph Savio and Enzo Morabito of Douglas Elliman, the property closed for just over $1.8 million. The seller was architect and interior designer Maria Capoferri, founder of Capoferri Design. She’s known for her work in luxury markets, including super-yacht design–we have to…
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