Behind The Hedges 29.01.2020 15:17 Zillow Aquires Hamptons Real Estate Online, AKA HREO

News & Features

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Zillow Aquires Hamptons Real Estate Online, AKA HREO
January 13, 2017
StreetEasy, New York City's leading real estate marketplace, announced Thursday that its operating company, Zillow Group has acquired East End property search portal Hamptons Real Estate Online (HREO.com). Zillow bought StreetEasy—a NYC-centric real estate portal, including website and app, launched in 2006—for $50 million in 2013. The company also purchased Trulia, its biggest competitor, for $2.5 billion in stock in 2015. The company has not released the terms of the HREO acquisition, which also includes RealNet and Open RealNet Exchange (OREX), HREO's listing entry and distribution software that offers real estate pros various tools to manage and market their listings. "HREO and StreetEasy are leaders and experts in two real estate markets that are not only critically important on their own, but are also intrinsically linked to one another: the Hamptons and NYC. It's a natural pairing," StreetEasy general manager Susan Daimler explains in the announcement. "We're excited to bring our resources and focus to another unique market that also has a large shared audience among the buyers, renters and real estate professionals in NYC and to work closely with our industry partners to develop even better tools and experiences." According to StreetEasy, this acquisition will provide HREO.com, RealNet and OREX with more support and resources to “fuel improvement across all platforms and provide better experiences for Hamptons buyers, renters and real estate professionals.” Founded in 1995, HREO provides buyers and renters with a specialized search experience and access to the East End’s most comprehensive for-sale, for-rent and vacant land listings. Buyers and renters can quickly filter to find listings that fit their exact criteria and connect to real estate professionals who can help answer questions. HREO.com will now be a unique complement to StreetEasy and Zillow Group's other NYC-focused brand, Naked Apartments.
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Eli Manning Buys Hamptons Beach House for $8.5 Million in Quogue
January 13, 2017
Eli Manning, quarterback for the New York Giants, has recently closed on a beach-side mansion in Quogue for $8.5 million. According to the New York Post, which broke the story, this off-market purchase was made in October by limited liability company Mr. Chester, LLC. Manning, 36, named the shell company after his beloved Cavalier King Charles Spaniel, Chester. The relatively new three-story house, built in 2004, is just under 7,000 square feet and sits on 1.21 acres at 4 Dune Road. It comes with 5 bedrooms, 4 full bathrooms, a private deck, a fireplace and a pool. However, if Manning ever gets bored swimming in his pool, he can use his private beach access to rush the ocean and get tackled by the refreshing waves. The new property has plenty of amenities and space for Manning and his growing family. He and his wife Abby Mcgrew, 33, met at the University of Mississippi have had three daughters together since they were married in 2008, 5-year old Ava Frances, 3-year-old Lucy Thomas and Caroline Olivia who turns 2 later this month. [caption id="attachment_241450" align="aligncenter" width="549"]Eli Manning's Dune Road home in Quogue Eli Manning's Dune Road home in Quogue, Photo: Google Maps[/caption] The distance to MetLife Stadium in New Jersey, where he’ll be practicing to ensure that next season doesn’t end in another loss, is quite the trip from his new Hamptons home. This makes it all the more interesting that he’d been trying to sell his 3,500-square-foot condo in Hoboken, New Jersey for $5.2 million since 2015. Manning gave up in April 2016, deciding to rent it out for $18,000 a month instead. It's likely his Quogue mansion will be a summer home, and he will look for a place closer to the stadium when the next season looms closer. Manning’s purchase is not the only recent celebrity real estate transaction on Dune Road in Quogue. Susan Lucci finally sold her 10,622 square-foot home, complete with 7 bedrooms and 7 baths for $19.9 million last month.
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Art Super Collector Beth DeWoody Lists Southampton Home for $4.2M
January 12, 2017
Art collector and philanthropist Beth Rudin DeWoody is selling her Hamptons vacation home at 9 Briar Lane in Southampton for $4.2 million. [caption id="attachment_241438" align="aligncenter" width="550"]9 Briar Lane, Southampton 9 Briar Lane, Southampton, Photo: Courtesy Douglas Elliman[/caption] Built in 1911 and located in Southampton Art Village made famous by painter William Merritt Chase, the exquisite, shingled Arts & Crafts home features meticulously kept original details, including soldier cross and herring bone floor patterns, rare chestnut paneling and cremone bolt hardware. With notably high ceilings and leaded glass windows, the two-story, 4,347-square-foot home offers 6 bedrooms, 5.5 baths, three fireplaces and a sprawling great room with chestnut wood paneling. [caption id="attachment_241435" align="aligncenter" width="549"]9 Briar Lane, Southampton 9 Briar Lane, Southampton, Photo: Courtesy Douglas Elliman[/caption] Windows line every major room, bringing in lots of light to the breezy yet cozy spaces. Wood floors come in various tones, from room to room, while the kitchen and some baths have a classic, black and white checkered pattern. [caption id="attachment_241437" align="aligncenter" width="549"]9 Briar Lane, Southampton 9 Briar Lane, Southampton, Photo: Courtesy Douglas Elliman[/caption] Situated on more than 2 acres, with a gunite heated pool, garage and mature specimen trees, the grounds also include sensational brick patios, gracious sitting areas, both open and covered. [caption id="attachment_241439" align="aligncenter" width="549"]9 Briar Lane, Southampton 9 Briar Lane, Southampton, Photo: Courtesy Douglas Elliman[/caption] [caption id="attachment_241434" align="aligncenter" width="549"]9 Briar Lane, Southampton 9 Briar Lane, Southampton, Photo: Courtesy Douglas Elliman[/caption] While DeWoody's fabulous art and furniture aren't included with the house, vestiges of her good taste and style remain in details such as fixtures and wallpaper designs. The listing, seen here, is through broker Gabriel Falco with Douglas Elliman. [caption id="attachment_241440" align="aligncenter" width="549"]9 Briar Lane, Southampton 9 Briar Lane, Southampton, Photo: Courtesy Douglas Elliman[/caption] [caption id="attachment_241433" align="aligncenter" width="550"]9 Briar Lane, Southampton 9 Briar Lane, Southampton, Photo: Courtesy Douglas Elliman[/caption]
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Home of Jane and Jack Rivkin Listed for $18 Million in Amagansett
January 06, 2017
Philanthropist Jane Rivkin, widow of financial strategist Jack Rivkin who died in October 2016, has listed her Hamptons estate with Town & Country Real Estate CEO Judi Desiderio for $18 million. Built in 1909, the Rivkins purchased the 6,500-square-foot Amagansett home at 90 Indian Wells Highway from cultured pearl magnate Salvador Assael in 2010 for $6.5 million. The house features 7 bedrooms, 11.5 bathrooms and an ocean view on 2.3 acres. Set back beyond double gates and a long and winding driveway, the Traditional, shingle-style home offers the utmost in privacy for the discerning homeowner. Just a short stroll from popular Indian Wells Beach, the richly landscaped grounds are designed with cutting gardens and herb gardens, while a heated pool is strategically sited in a private setting with a separate pool house down the driveway from the main house. [caption id="attachment_241087" align="aligncenter" width="549"]90 Indian Wells Highway, Amagansett 90 Indian Wells Highway, Amagansett, Photo: Courtesy Town & Country Real Estate[/caption] Over a century ago the home was designed and built for entertaining family and friends, and it includes comfortable private and public spaces. The house has rooms with high ceilings, exposed beam accents and an ample, semi-circular porch as well as second-floor deck and widow's walk. Jack Rivkin, the late CEO and chief investment strategist at Altegris Investments, began his storied career in the research department of Shearson Lehman Brothers. A frequent guest on Bloomberg this election season, he often discussed Trump's impact on the markets. Jane Rivkin owned the notable Kitchen Classics tabletop stores in Bridgehampton and East Hampton. She and her husband gave back to the community and hosted events for Safe Horizons at their Hamptons home. See the listing here
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Sagaponack Is Still America's Most Expensive ZIP Code
December 31, 2016
The Hamptons held onto its luxury cred in 2016: Sagaponack has been named America's priciest ZIP code for the second consecutive year. Earlier this month, PropertyShark.com released its annual list of the country's most expensive ZIP codes, and Sagaponack's 11962 landed on top with a median sale price of $5.5 million. It just beat last year's runner up, Atherton, California (94027), which had a median sale price of $5,425,000. In spite of maintaining the top spot on the list of most expensive ZIP codes, Sagaponack's median sale price fell 35 percent, according to PropertyShark.com, which is $3 million less than last year's top median price of $8.5 million. Atherton, on the other hand, only fell 8 percent from last year's median price of $5.9 million. New York City's 10013 ZIP code, including parts of Tribeca, SoHo and Hudson Square, moved up a spot over last year and landed in third with a median price of $3,808,765, while the city's 10007 ZIP code, near Tribeca and the Financial District, placed sixth with a median sale price of $3,349,657. [caption id="attachment_241043" align="aligncenter" width="550"]Sagaponack properties Poxabogue Pond Road Sagaponack properties Poxabogue Pond Road, Photo: Courtesy Douglas Elliman[/caption] Other Hamptons ZIPs in the top 50 include Water Mill (11976) at number 16 with a median sale price of $2.6 million and Wainscott (11975) just behind it at 17th with a median price of $2,510,000. Shelter Island Heights (11965) placed 36th with a median price of $1.9 million and Amagansett (11930) was 50th with a median price of $1.7 million. Forbes annual list of America's most expensive ZIP codes showed quite different results: Sagaponack placed fourth with a median sale price of $7,008,269, but PropertyShark.com notes that their findings are based solely on home sales, while Forbes uses asking prices for homes that have not yet been sold—this shifts the balance in favor of towns with very expensive active listings, rather than what's actually sold. Find more data and see everything for yourself at PropertyShark.com.
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Top Five Hamptons Celebrity Real Estate Deals of 2016
December 27, 2016
Richard Gere sells, Christie Brinkley lists, Candace Bushnell buys…and our readers, well, read, making this quintet our top celebrity real estate stories from this past year. [caption id="attachment_224753" align="aligncenter" width="549"]Candace Bushnell blought a historic farmhouse in Sag Harbor Candace Bushnell buys in Sag Harbor, Photo: ©PATRICKMCMULLAN.COM, Google Maps[/caption] Sex and the…Country? Sometimes great things come in small(er) packages. Sex and the City author Candace Bushnell purchased a lovely home in Sag Harbor in March for $680,000. Bushnell sold her Greenwich Village apartment for $2.6 million in November 2015 after first listing it in 2012. In an interview with The Observer last year, Bushnell said, “Two of my best girlfriends just moved to Sag Harbor. And it’s so much fun to go there and visit them!” Bushnell and her friends frequented Baron’s Cove for dinner and liked to keep things low-key. “The great thing about the Hamptons is that you really can live in the Hamptons and not live in the Hamptons in the Hamptons way,” Bushnell added, not sounding at all like Carrie Bradshaw. [caption id="attachment_222385" align="aligncenter" width="549"]Joy Behar is selling her home in East Hampton Joy Behar sold her East Hampton home, Photo: Sotheby's International Realty, ©PATRICKMCMULLAN.COM[/caption] Oh Joy East End comedian Joy Behar found a buyer for her East Hampton home, which was placed on the market in March for $3.8 million and was lowered to $3.45 million. The two-story house includes 5 bedrooms, 4.5 bathrooms, marble countertops and stainless steel kitchen fixtures. It’s built around a marvelous great room, crowned by a high, vaulted cathedral ceiling complete with skylights that let in plenty of natural light. Resting on 0.78 acres, the summer pad also has a heated gunite pool, multiple terraces and an outdoor fireplace. It is located amid local farmland, providing plenty of that scenic beauty only the Hamptons has to offer. [caption id="attachment_176629" align="aligncenter" width="549"]Richard Gere sold Strongheart Manor to Matt Lauer in 2016 Richard Gere sold Strongheart Manor to Matt Lauer, Photo: Douglas Elliman[/caption] Getting in Gere Talk about determination. Richard Gere finally sold his 12,000-square-foot North Haven retreat, Strongheart Manor, in 2016, after nearly three years on the market—to none other than Matt Lauer, who owns several properties on the East End, including his 40-acre horse farm in Water Mill, Bright Side Farm. Strongheart Manor sits on 6.3 acres of waterfront property, houses 12 bedrooms and 12 bathrooms in a main house and two guesthouses on Actors Colony Road. The property also has 300 feet of direct bay frontage and a 240-foot deep-water dock. The main house offers a gym, basketball court, screened-in porch extending the length of the house, a 60-foot pool overlooking Peconic Bay and a private pond with a teahouse on a center island. Gere originally asked $65 million for Strongheart Manor but reduced the price to $47.5 million, and then continued lowering it until it finally sold through the Corcoran Group’s Susan Breitenbach for $36.5 million. [caption id="attachment_228466" align="aligncenter" width="549"]Christie Brinkley's estate Christie Brinkley's Tower Hill estate, Photo: Courtesy Enzo Morabito[/caption] Brinkley’s Bridgehampton Mansion In October, Christie Brinkley listed her North Haven home for $25 million with Enzo Morabito of Douglas Elliman. Built in 1843, the three-story Colonial offers 5,500 square feet of living space with 5 bedrooms, 5.5 baths and a 327-foot sandy beach on 4.5 acres overlooking the harbor and open bay. The breathtaking water views and sunsets are enjoyed from almost every room in the historic manor house, which includes many period details, such as grand columns covering two façades, wide-plank pine floors and multiple fireplaces. Brinkley put her Bridgehampton mansion, Tower Hill, up for sale with Morabito for $29.5 million back in June. She has listed Tower Hill once before, in 2010, for $30 million, but she and her family decided not to move at that time. In 2013, Brinkley sold a North Haven property for $10 million, and listed her late mother’s Sag Harbor cottage for $2.8 million the same year. [caption id="attachment_239247" align="aligncenter" width="549"]Susan Lucci's East Quogue home is in contract Susan Lucci sold her East Quogue home, Photo: Courtesy Douglas Elliman, ©PATRICKMCMULLAN.COM[/caption] Farewell to Four Winds Earlier in December we learned that, after more than two years on and off the market, Susan Lucci sold her palatial Quogue oceanfront home, Four Winds, for just shy of $20 million. The All My Children legend first listed the 7-bedroom, 7-bath, shingle-style home at 20 Dune Road with Enzo Morabito (who seems to be the celebrity broker of the year) for $19.9 million in the summer of 2014 and, apparently, never budged much from the asking price. At the time, Morabito said Four Winds was on “one of the most desirable stretches of Dune Road in Quogue—between the bridges.” Morabito told DansPapers.com that one of Lucci’s favorite things to do while staying at her house in the Hamptons was to “walk down to the beach with a cup of morning coffee in her hand.” Read more celebrity real estate news here.
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Westhampton Beach's Atwater Estate in Contract for $16.75M
December 15, 2016
Once the most expensive Hamptons listing west of the canal, the grand 16,000-square-foot Atwater estate at 66 Seafield Lane in Westhampton Beach is now in contract for $16.75 million. The sale is going through Douglas Elliman superbroker Enzo Morabito. [caption id="attachment_240046" align="aligncenter" width="550"]Atwater estate pool and carriage house Atwater estate pool and carriage house, Photo: Courtesy Douglas Elliman[/caption] Designed by Lincoln Memorial architect Henry Bacon in 1903 as a summer estate for coal baron William Cutler Atwater, the palatial shingle-style home, originally called Brightwaters (later renamed Kincora by its third owner, attorney Henry L. O'Brien), has been host to many a notable visitor, as well as to a few grand fundraisers in more recent times. Accessible by a front drive lined with an alee formed by 44 century-old catalpa trees, the property spreads across 6.86 acres with 100-year-old grapevines, formal gardens, a Lord & Burnham greenhouse with potting house, 56-foot waterside gunite pool and spa, tennis, and 620 feet of water frontage with deepwater dock on Quantuck Bay. [caption id="attachment_240041" align="aligncenter" width="550"]Quantuck Bay at the Atwater estate Quantuck Bay at the Atwater estate, Photo: Courtesy Douglas Elliman[/caption]

The 24-room mansion/manor house includes 9 bedrooms, 9 full and 2 half-baths and 6 fireplaces. A dramatic entryway opens in to the grand center hall foyer, and through to a U-shaped three-story staircase, living room with fireplace and banquet-sized formal dining room with hand-painted dune murals and fireplace. The home has a gourmet kitchen with breakfast area, billiards room, sunroom, second-floor office, sitting room, balconies with mahogany decks, and third-floor living room—all providing the ultimate in luxurious living spaces.

[caption id="attachment_240043" align="aligncenter" width="549"]Atwater estate billiards room Atwater estate billiards room, Photo: Courtesy Douglas Elliman[/caption]

A charming carriage house and separate 4-car garage complete the picture.

Current owner Len Conway bought the Atwater estate from O'Brien around 1990 and proceeded with some tasteful renovations. Conway listed the property for $24,750,000 in 2012, then lowered it to $17.75 million in 2013.

See the listing here

[caption id="attachment_240040" align="aligncenter" width="549"]Inside the Atwater estate Inside the Atwater estate, Photo: Courtesy Douglas Elliman[/caption] [caption id="attachment_240042" align="aligncenter" width="550"]Atwater estate Atwater estate, Photo: Courtesy Douglas Elliman[/caption]
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Douglas Elliman Hosts Dress for Success Clothing Drive Through December 23
December 13, 2016
On Friday, December 2, Douglas Elliman agent Melissa Pintauro hosted a gathering to launch a Dress for Success clothing drive, which is continuing through the Friday before Christmas at her firm’s Sag Harbor office. The event sought to bring attention to the Dress for Success organization, which empowers women to achieve economic independence by providing a network of support, professional attire and development tools to help women thrive at work and in life. Brookhaven Town Commissioner of Housing and Women's Services, Diana Weir, was on hand at the gathering to discuss Dress For Success’s efforts in Nassau and Suffolk counties. Since starting operations in 1997, Dress for Success has expanded to almost 145 cities in 21 countries and has helped more than 925,000 women work towards self-sufficiency. Locally, the organization just dressed their 5,000th client. [caption id="attachment_239860" align="aligncenter" width="550"]Melissa A. Pintauro at Douglas Elliman Sag Harbor Melissa A. Pintauro at Douglas Elliman Sag Harbor, Photo: Courtesy Douglas Elliman[/caption] Thanks to the leadership of Pintauro and the efforts of many Douglas Elliman employees, and their families and friends, more than 100 items have already been donated to the international not-for-profit organization. Pintauro will continue collecting Dress for Success clothing donations through Douglas Elliman’s Sag Harbor office, at 138 Main Street, through December 23. Acceptable items for donation include suits, dresses, pants, blouses, sweaters, jackets, shoes and other work appropriate clothing, along with accessories, such as pocketbooks and costume jewelry. In the winter, coats, boots, scarfs and gloves are also accepted. Jeans, capris, t-shirts and summer clothing will not be accepted.
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Mary's Marvelous in Amagansett Closing and Available to Lease
December 09, 2016
Mary's Marvelous in Amagansett, the first of the business's two locations, is closing its doors and hitting the local real estate market as a long-term lease for $625,000 in key money. The deal, through Douglas Elliman brokers Richard Kohr and Lori Macgarva, includes all existing equipment, but not the property or the Mary's Marvelous name, which will carry on in their popular East Hampton location at 105 Newtown Lane. [caption id="attachment_239642" align="aligncenter" width="550"]Mary's Marvelous in Amagansett Mary's Marvelous in Amagansett, Photo: Courtesy Douglas Elliman[/caption] Offered as a "valuable business opportunity," the shop includes 1,100 square feet of prime Main Street retail space in high traffic area with a dedicated customer base on .05 acres. The one-story building at 270 Main Street in Amagansett currently has retail and kitchen areas, as well as additional exterior storage and outdoor patio space for customers to enjoy. This storefront location can continue to operate as a food use, or it can be refit for other retail possibilities. [caption id="attachment_239644" align="aligncenter" width="550"]Mary's Marvelous patio Mary's Marvelous patio, Photo: Courtesy Douglas Elliman[/caption] "The value is the use of the space," Kohr said on Friday. "There's only so many wet use stores out there," he added, pointing out that "wet use" permitted food establishments are much harder to come by than "dry" retail space. "It might be something else, but it's really set up for [food use]," Kohr noted. The broker explains that the deal is essentially the same as buying a business, not a property, but the key difference is the exclusion of the Mary's Marvelous name. Still a similar use would be likely to draw upon the many folks who already frequent the shop in Amagansett. See the listing here. [caption id="attachment_239641" align="aligncenter" width="550"]Mary's Marvelous kitchen Mary's Marvelous kitchen, Photo: Courtesy Douglas Elliman[/caption]
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Rent Bravo's Summer House Near Montauk for $165,000
December 08, 2016
Bravo released the first trailer for their new Montauk-set reality show, Summer House, this week, and looks like it celebrates everything the people of Montauk are fighting to keep out of the once quiet fishing village. That said, if you remove last summer's soon-to-be-famous renters, the show's titular house is a lovely and serene place—and it's available to rent for summer 2017. Bravo has not rented the property for next summer and the owners, who tried to kick them out last summer, won't be inviting them back to film a second season at this particular address. The house is currently an open listing available to rent in summer 2017 for $165,000 seasonally (Memorial Day–Labor Day), $110 for June–July, $135,000 for July–Labor Day and $80,000 for August–Labor Day. Located at 90 Napeague Harbor Road on the border of Napeague State Park and Hither Hills State Park in Napeague (not Montauk, as advertised on Bravo) the shingled Nantucket style home is surrounded on all sides with more than 600 acres of parkland and offers direct access to Napeague Harbor Bay and the walking dunes. It has 4 bedrooms, 4.5 baths and 4,500 square feet of living space on one secluded acre with rolling lawns. The first level has 3 en-suite guest bedrooms, and separate wing for either another guest or media/office room. Everything opens to an over 2,000-square-foot slated covered porch, and decking with outdoor stereo and gorgeous views—all overlooking the marble dusted heated infinity edge pool and arbor-laced stone outdoor shower. Just steps away is an enclosed 4 Season Spa. Back inside, dramatic upper cathedral living areas are graced by antique beams, a fabulous imported marble chef's kitchen with enormous center island counter seating for six, top of the line Wolf appliances, including counter cooktop, convection oven, warming drawer and a Fisher Paykel dual drawer dishwasher, to name a few. The living room features an inviting stone fireplace, flat screen TV and sliders leading out to a sunroom, generous decking, outdoor grilling/kitchen area and motorized screened sunset gazebo. The upper master suite has its own laundry and dressing room, radiant heated floors and stunning beach stone shower. The house also includes a 2-car garage and, surely, some serious mojo, and possible residue, leftover from last season's Summer House gang. See the listing with Corcoran Group or Nest Seekers International. Take a tour of the place with Summer House cast members and twin sisters Ashley and Lauren Wirkus below.

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Susan Lucci's East Quogue Home Is in Contract
December 02, 2016
After more than two years on and off the market, Susan Lucci has reportedly gone into contract to sell her palatial East Quogue oceanfront home, Four Winds, for just shy of $20 million, according to Page Six. Lucci first listed the 7-bedroom, 7-bath, shingle-style home at 20 Dune Road with Douglas Elliman power broker Enzo Morabito for $19.9 million in the summer of 2014 and, apparently, never budged much from the asking price. The recent sale, however, according to a representative from Douglas Elliman, was not through Morabito or the firm. At the time, Morabito said Four Winds was on "one of the most desirable stretches of Dune Road in Quogue—between the bridges." Morabito told DansPapers.com that one of Lucci's favorite things to do while staying at her house in the Hamptons was to "walk down to the beach with a cup of morning coffee in her hand.” [caption id="attachment_186475" align="aligncenter" width="549"]Susan Lucci - master medroom Susan Lucci's Four Winds master suite, Photo: Courtesy Douglas Elliman.[/caption] The house, which also overlooks Quogue Canal, features a covered porch on the second floor, lots of nautical design inspiration, and 10,622 square feet of living space. It was designed by Hamptons architect Eugene Futterman and built in 1989. It has spectacular views and numerous decks and balconies to take advantage of them. A two-story living room offers a fireplace with ocean views, and the two-story turreted library has built-in seating and wood paneling. It also includes a billiards room with bar, media room and very desirable widow’s walk above the living room for the ultimate 360-degree vistas. The grounds comprise 1.4 acres with a heated gunite swimming pool and 160 feet of ocean frontage. Clearly taken by Four Winds' beauty in 2014, Morabito said, "Simply put, it’s one of the most special properties I have ever had the privilege of selling.” Apparently, the unnamed buyer agrees. [caption id="attachment_186477" align="aligncenter" width="549"]Susan Lucci - Quogue house Susan Lucci's deck at Four Winds, Photo: Courtesy Douglas Elliman.[/caption]
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Hamptons Real Estate by the Numbers: Fall 2016
November 26, 2016
Counting up from 17 to 550,960,120, Hamptons real estate numbers are making headlines all over the map this fall. Read on to find the hottest local markets, celebrity listings, unique rentals and more. 17 – Number of homes sold in Montauk during the third quarter of 2016, according to Town & Country Real Estate’s Home Sales Report. That more than doubled the amount of home sales year over year—from 8 in 2015 to 17 in 2016. Total home sales volume in Montauk tripled year over year with a 198% leap from $9 million in 2015 to nearly $28 million in 2016. The End is on fire this year! 517 – Total number of homes sold in all Hamptons markets during the third quarter of 2016, according to the Douglas Elliman 3Q 2016 Report. That figure is up 2% over the same quarter in 2015 and marks the first such increase in more than a year. At the same time, listing inventory declined year-over-year for the fifth consecutive quarter. The number of listings, 1,533, was down 10.4% from third quarter 2015. So, with rising sales and declining inventory, the pace of the market is faster than last year. $1,700 – The cost to rent all 17 rooms of Ram’s Head Inn on Shelter Island for one night during the months of January and February. Anyone willing to shell out what breaks down to just $100 per room, per night—for couples, that’s $50 per person—can enjoy an overnight or weekend getaway at this classic and cozy spot! Include food and beverage service for the ultimate stay with family and friends. (Rentals must be at least two nights over holiday weekends.) [caption id="attachment_238586" align="aligncenter" width="499"]Grey Gardens Grey Gardens in East Hampton, Photo: Courtesy Corcoran Group[/caption] $12,500 – The price to rent East Hampton’s fabled Grey Gardens for the week of Christmas. Made famous by Albert and David Maysles’ 1976 documentary of the same name, the 6,000-square-foot former residence of Big Edie and Little Edie Bouvier Beale—relatives of Jackie Kennedy Onassis who let the home fall down around them—has been completely restored since the Beales’ lives there were captured on film. The 1.7-acre estate, listed by the Corcoran Group’s Gary DePersia, has a pool, tennis court and legendary gardens. And it’s a short walk from Georgica Beach. Originally designed by Joseph Greenleaf Thorpe in 1897, the home at 3 West End Road has 7 bedrooms and 6.5 baths to allow for plenty of guests during the holiday week. For those truly inspired by the home, Grey Gardens is also available year-round, except for August, for $175,000. $825,000 – The median Hamptons real estate sales price for the third quarter of 2016, according to the Elliman Report. That number decreased 13.2% compared to $950,000 during the same quarter in 2015. It’s also a 15.4% drop from the second quarter 2016 median sales price of $975,000. The Hamptons luxury market fared better—the third quarter 2016 median sales price was $6.25 million, which improved 17.4% over $5.325 million in the same quarter last year (2015). $2 million – The amount tennis great John McEnroe cut off the price of his home at 11 Squabble Lane in Southampton. It seems McEnroe and his wife—Scandal singer Patty Smyth—really want to sell. They listed the house with Sotheby’s broker Kathy Konzet in May, and without any serious bites coming through, the couple has gone ahead with this discount. The home features 8 bedrooms, 7.5 baths and 7,500 square feet of living space on 2.17 acres. Highlights include vaulted ceilings, a 50-foot gunite pool with pool house, beach access and, naturally, a tennis court. [caption id="attachment_236646" align="aligncenter" width="499"]Plaza Surf N' Sports building in Montauk is on the market Plaza Surf N' Sports building in Montauk, Photo: Courtesy Douglas Elliman[/caption] $8.9 million – How much it costs to own Montauk’s inveterate Plaza building at 716 Montauk Highway. Located in the center of The End’s popular business district, the 12,000-square-foot commercial property sits on 0.34 acres and currently houses Plaza Surf N’ Sports, established in 1972, and the Soursop Tree Café Jamaican restaurant, which recently replaced the Wok & Roll Chinese takeout restaurant. It’s listed with Gregory Mansley of Douglas Elliman Real Estate. $25 million – What you’ll need to buy Christie Brinkley’s North Haven Colonial. Listed with Enzo Morabito of Douglas Elliman last month, the three-story home has 5,500 square feet of living space with 5 bedrooms, 5.5 baths and a 327-foot sandy beach on 4.5 acres overlooking the harbor and open bay. The breathtaking water views and sunsets can be enjoyed from almost every room in the historic 1843 manor house, which includes many period details, such as grand columns covering two façades, wide-plank pine floors and multiple fireplaces. Brinkley’s other Hamptons manse, Tower Hill in Bridgehampton, is also listed with Morabito for $29.5 million. [caption id="attachment_237359" align="aligncenter" width="499"]Inside Christie Brinkley's North Haven home Inside Christie Brinkley's North Haven home, Photo: Courtesy Douglas Elliman[/caption] $125 million – The amount of money that traded hands in the top-earning Bridgehampton market (including Water Mill and Sagaponack) in July, August and September of 2016, according to Town & Country Real Estate’s Third Quarter Home Sales Report. The median home sales price was $3.9 million in this market—a 42% jump from $2.75 million in 2015. $550,960,120 – Total home sales volume for all Hamptons markets combined in the third quarter of 2016, as reported by Town & Country Real Estate. This number is up 8.51% over the total home sales volume of $507,740,339 in the third quarter of 2015. A total of 308 homes were sold in July, August and September of this year, which was 5% higher than the 293 homes sold during the same period in 2015.
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