Rick Hoffman
From the April issue: It is often said that the Hamptons market moves in lockstep with the stock market. And the upcoming season on the East End is shaping up to be no exception. As the stock market has made gains in the last year and, perhaps more important, shown some stability, the Hamptons market has followed suit.
“I think the latest wave of business we’re doing is very much tied to the increase of the stock market,” said Andrew Saunders, president of boutique brokerage Saunders & Associates.
In this month’s Q & A, The Real Deal spoke to East End brokers and firm heads, including Saunders, who said that sales activity has picked up recently and that the rental season started earlier and stronger than it has in the last few years. [more]
