The last quarter results from the four agencies who compile data are all in, and the broad results are as follows. Each report tends to focus on slightly different parts of the market, so results tend to be slightly different from one another. Douglas Elliman Prices are down sharply. Median sales price in the first…
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On prestigious Quimby Lane, right on Sagg Pond, is a pretty house built in 1917. It belongs to ballerina Sono Osato, who’s now 98 years old.
Welcome to our new series where we take a look at one of the East End’s neighborhoods. We’ll discover what makes it so special to live in and what the housing stock is like. This week we’re exploring Montauk. Montauk has perhaps changed more than any other East End town in the past 20 or…
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This sweet 1880 cottage, in Southampton Village on the south side of Hill Street, is simply delightful. From the hedged entrance with gate, to the copper beech tree, to the brick terrace, vegetable gardens and picket fences, it’s all sweet outside. Hidden out back, though, is the property’s best feature: a completely separate, legal guest…
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Choreographer, director, dancer, and producer Jerome Robbins–perhaps best known for West Side Story–loved his humble Bridgehampton hideaway. He died in 1998, leaving this property to the Jerome Robbins Foundation, which is now selling it. (He loved the place so much his ashes were scattered on the beach/ocean in front of the property.) Proceeds from the…
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This cottage, which has been in the same family for over 50 years, was originally purchased with a still in the basement. (Don’t you wish it was still there?) A hundred years after the Volstead Act was passed, we figure those owners would laugh about all the local, legal winemaking, beer-brewing, and even distilling going…
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We have extremely reliable intel that this property, 161 Marine Boulevard in Amagansett, which is an empty 0.56 lot on the ocean, is in the process of being purchased by talk show host, producer, and new dad Andy Cohen. The listing is repped by Cindy Shea at Sotheby’s, and we’ve been told that Sarah Jessica…
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We keep hearing whispers that the overheated Sag Harbor market is cooling–but it doesn’t seem so at least when it comes to the lower end, anyway. These three properties clicked into contract in record time. Remember the Million-Dollar Teardown? We hope so, since we posted about it on March 5. It’s in contract after less…
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Ah, spring in the Hamptons. The crocus are blooming, the daffodils are coming up, the song sparrow warbles its heart out, and–what’s that? Why, it’s the sound of asking prices being slashed. One property that’s endured its fair share of price cuts over the years is beautiful Normandy House, right on Lake Agawam. It’s a grand…
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While the top sales of 2018 were notable for their geographic diversity, stretching from Southampton to Montauk, not so on the top 10 list of properties on the market now. One street–Billionaires’ Lane, also known as Meadow Lane, Southampton–dominates, with 4 entries out of 10. Southampton boasts 7 out of 10 entries, while the rest…
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