The rental market has been quiet after a couple of week-long spurts of activity earlier in 2022. With sales transactions continuing to impress, many landlords who typically rent their homes at reasonable prices for the marketplace, are left scratching their heads at few or no inquiries.
“We spent so much money on a rental last summer,” said one recent New York City clubgoer who makes documentaries for a living. “When we got there, there wasn’t really much going on and when we did go out, it was kind of weird,” he continued, leaving open the question, what will the Hamptons be like this summer?
A recent Hamptons Market Data Instagram poll revealed that Hamptonites are looking forward to making plans at home with friends just as much as they are to making plans to go out. Thirty-eight percent of respondents were looking forward to being out and about, but they were still not sure what those plans would be, while 14% reported their calendars were already or almost full.
There are some newsworthy restaurants opening this season, a new brewery in Sag Harbor, charitable organizations that typically host summer events in the Hamptons are back in person, and when analyzing recent rental and sales market data, it appears there will be more homeowners in town than tenants, giving local businesses an opportunity to create lifetime value customers.
FOMO could very well return to the Hamptons in summer 2022, but ultimately, New York’s luxury beach towns will be what the residents and businesses here make of them.
There are some new last-minute summer rentals and a few price reductions just hit the rental market, so if you’re interested in visiting the Hamptons this summer, check out some of these new and time-tested hotspots as well as some now available summer rentals.
And remember, when the next A-list musician decides to make that last-minute guest appearance at one of our favorite venues, you won’t make it if you’re not already here.
Newly Listed & Recently Reduced in Price Hamptons Summer Rental Homes
31 Meeting House Lane, Amagansett — Offered exclusively with Beth Felsen of Sotheby’s International Realty @ $275,000 May 27 – September 5, 2022
239 East Lake Drive, Montauk — Offered @ $195,000 May 27 – September 5, 2022
42 Old Northwest Road, East Hampton — Offered @ $130,000 May 27 – September 5, 2022
98 Sycamore Drive, East Hampton — Offered @ $75,000, May 27 – September 5, 2022
16 Cove Road, Southampton — Offered exclusively with Alyra Hoffman of Compass @ $75,000, May 27 – September 5, 2022
37 Walnut Street, Apt 2, Southampton —Offered @ $42,500, May 27 – September 5, 2022
New Restaurants to Try
Lobster Roll, Southampton, now open
Tutto Cafe, East Hampton, opening for summer 2022
Si Si at East Hampton Point, East Hampton, now open
Dopo il Ponte, Bridgehampton, opening for summer 2022
Roberta’s, Montauk, opening for summer 2022
Rams Head Inn, Shelter Island, now open
Charity Events and Benefits
Guild Hall 2022 Summer Gala, Friday, August 19, 2022, 6- 11pm, Mulford Farm, 10 James Lane, East Hampton
The Retreat, All Against Abuse In-Person Cocktail Party, Saturday, June 4, 2022
Samuel Waxman Cancer Research Foundation, Saturday, July 9, 2022
Parrish Art Museum, Midsummer Dance, Friday, July 8, 2022; Midsummer Party Saturday, July 9, 2022; Family Day Sunday, August 21, 2022
The Ellen Hermanson Foundation, Summer Gala, Saturday, August 27, 2022, 6-10 pm
Southampton Arts Center, Cocktail Party, Saturday, June 25, 2022 6-8pm
CTREE Hamptons Horses Changing Lives Benefit, Thursday, August 25, 2022
Southampton Social Club, Southampton
Stephen Talkhouse, Amagansett
Kidd Squid Brewery, Sag Harbor
The Surf Lodge, Montauk
Hamptons Fine Art Fair, July 14, 2022
Art Market Hamptons, August 11 -14, 2022
Sag Harbor Cinema, Sag Harbor
Parrish Art Museum, Water Mill
Pollock-Krasner House, Springs
Southampton Arts Center, Southampton
The Watermill Center, Water Mill
Bay Street Theater, Sag Harbor
Guild Hall, East Hampton
Adrianna Nava is the Director of Market Intelligence for Covert at Compass and the founder of Hamptons Market Data