Southampton Village and Beechwood’s Michael Dubb

The Southampton Town Board and Southampton Village Board organized a joint public hearing last week to discuss a petition from developers Beechwood Organization that would redraw the village boundaries to allow for a large condominium complex, the Southampton Patch reported.

Beechwood — led by Michael Dubb in partnership with Steven Dubb and George Benedict — is slated to build 77 villas and townhomes, as well as a tennis court, clubhouse and pool. [more]

Southampton (highlighted section shows 9 acres on Old Harbor Road)

The town of Southampton has bought nine acres of land in the hamlet of Bridgehampton in order to preserve it, according to a release from East End brokerage Town & Country Real Estate. [more]

Southampton, N.Y., and Matt Lauer

Southampton is telling “Today’s'” Matt Lauer to hold his horses, the New York Post reported.

Town officials have ordered the morning show host to stop work on a renovation under way at his 40-acre horse farm. Until getting a stop-work order in late March, Lauer was converting an office building into a residence. [more]

Brooke Shields

Actress Brooke Shields and her husband, Chris Henchy, are buying a six-bedroom beach “cottage” on  Lewis Street in Southampton that had an asking price of $4.3 million, the New York Post reported.

The renovated 1920s East End home is owned by former NFL tight end Vyto Kab. The master suite includes a tray ceiling and a fireplace and the chef’s kitchen opens into a dining area with a hearth. French doors open onto the beach house’s terrace, where the view is the pool and a half-acre of land surrounded by hedges. [more]

The Linden estate in Southampton

Billionaire Jim Clark appears to have reneged on the purchase of the nine-acre Southampton estate he went into contract for about eight months ago, according to a report from Curbed. The software magnate and his wife, an Australian model, supposedly bought the sprawling grounds, called the Linden Estate, last July, Curbed said. Previously, the home sat on the market for four years, with asking prices as high as $60 million. The seller was Jurgen Friedrich, the former CEO of the Esprit clothing brand in Europe. [more]

The estate in Southhampton

A 4.3-acre Southampton estate that was the first oceanfront property to hit the market following Hurricane Sandy has found a buyer within three months, Curbed reported. The five-bedroom home had been listed for $30 million with Harald Grant of Sotheby’s International Realty. The quick turnaround is even more surprising, considering the damage that Sandy wreaked on the Hamptons waterfront, and that oceanfront homes made up so few of the priciest deals on the East End last year…. [more]

Josh Guberman

From the January issue: When Josh Guberman set out to market the house he’d just constructed at 78 Pheasant Close East in Southampton Village, he wasn’t content to hire a professional stager, as most developers do. Instead, he personally stocked the 1,500-bottle wine cellar with rosé and champagne, and decorated the home’s great room with orchids and trays of wheatgrass. In fact, while staging is now standard in New York City new-construction condos, it’s rare in Hamptons spec homes, explained Susan Breitenbach, the Corcoran Group senior vice president who listed 78 Pheasant Close for $8.75 million last month. [more]

A Southampton estate

A 4.3-acre estate in Southampton hit the market Thursday for $30 million, making it the first oceanfront property in the area to be listed since Hurricane Sandy battered much of the East Coast.

The current residence has five bedrooms, five baths and two half baths, as well as a three-car garage, a heated gunite pool and a guesthouse connected to the beach by a walkway. Sotheby’s International Realty broker Harald Grant has the listing. [more]

From left: Tory Burch and her Southampton estate

Since clothing designer Tory Burch sold her Meadow Lane mansion at a loss this fall, some of her Southampton neighbors have worried that the $11 million sales price would lower the value of their own nearby properties.

An unnamed source told the New York Post that, despite the water damage Burch’s home had sustained from broken pipes, “everyone in the neighborhood is staggered that she sold it at such a low price. It has sparked a lot of worry if this will affect the market and their own homes, but also a lot of speculation as to why she sold it off so cheaply.” [more]

A Southampton couple had to tear down a home mid-construction when they realized it was built too far from the curb to allow for a backyard pool, the New York Post reported. Eric and Margaret Friedberg had purchased a Huntting Street home for $2.478 million and demolished the existing 1,674-square-foot house and pool to make room for a brand new home. Workers had completed about $100,000 to $150,000 of work on the new house, including the framing for the first floor and part of the second floor. [more]