Amagansett

Alec Baldwin finally seems ready to part with the Hamptons home he has owned for more than 25 years, putting it on the market for $29 million.

Hal Zwick and Jeff Sztorc of Compass Commercial announced this week that the iconic Brent’s General Store in Amagansett sold this summer.

Combined, the sale of Helmut Lang’s properties is the second biggest sale of the year, second only to Ron Perelman’s East Hampton estate.

Hedge fund manager Adam Levinson sold his Hamptons home for $42 million, which is among the most expensive sales so far this year.

Fashion designer Tony Melillo is still looking for a buyer for his Amagansett beach house, now listed with Sotheby’s International Realty.

What’s moving on the Hamptons sales market, from an equestrian estate in East Hampton to oceanfront property in Amagansett.

“This oceanfront estate is nothing short of spectacular,” says Kyle Rosko, one of the Douglas Elliman listing agents for this Amagansett estate.

A unique East Hampton home sold last week for $11.525 million and could be a sign of the changing real estate market.

In Amagansett, a modern beach cottage, with a proven rental history and just three houses from the Atlantic Ocean, has come to market.

Mickey Drexler, the former CEO at J. Crew and The Gap, recently purchased a new oceanfront home in The Hamptons, this time in Amagansett.