The Real Deal New York

Breaking down the Hamptons’ real estate markets

Separating the up-and-coming hamlets from the old-money enclaves

June 10, 2016 08:40AM
By E.B. Solomont

A $45 million listing at 9 Olde Towne Lane in Southampton being marketed by Douglas Elliman

A $45 million listing at 9 Olde Towne Lane in Southampton being marketed by Douglas Elliman

From the June issue: For many New Yorkers — whether they travel by Jitney or private helicopter — summer in the city would be a foreign concept without weekends in the Hamptons. But like Manhattan, the East End cannot be looked at as one giant real estate market.

“Our submarkets are so specific, and so individual. There are markets like Westhampton Beach and the North Fork, which are busier than they can possibly be, and yet there are areas like Sagaponack that are sleeping a bit,” said Judi Desiderio, the CEO of East End brokerage Town & Country. [more]

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