Sorry, Haters, Sag Harbor Is Still Hot

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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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As the Daffodils Come Up, the Prices Go Down

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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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Westhampton Beach’s Grassmere Inn Is for Sale

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The well regarded Grassmere Inn B&B in Westhampton Beach has come on the market. Asking price for the 14-guestroom inn is $2.55 million, which is set on 1.03 of an acre of land. This place seems ripe for gentrification/hipsterification. There’s plenty of space in the 1885 Italianate mansion; in addition to the guestrooms, there’s a living room,…
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Ten Questions for Paul Brennan

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Paul Brennan has seen it all in his 40 years in the business. A Hamptons native, Brennan was mentored by legendary broker Allan Schneiderman; he then co-founded Braverman Newbold Brennan, later sold to Sotheby’s. In 1999, the year Brennan joined Douglas Elliman, he was instrumental in establishing the Peconic Bay Region Community Preservation Fund in…
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