Halstead opens new East Hampton office

Brokerage to open between two to four more area offices in the next year

New York /
Sep.September 08, 2014 02:55 PM

UPDATED, 4:11 p.m., September 8: The summer season is officially over, but Halstead Property is boosting its presence in the Hamptons.

The brokerage has opened an East Hampton office at 2 Newtown Lane, next door to its prior location. The new space measures 2,000 square feet in total and aims to accommodate the firm’s growing number of brokers.

The new office — with its floor-to-ceiling windows — will have almost twice as many agents as the old location.

Currently, 24 brokers are working from the new East Hampton office. According to Anthony DeVivio, that number will go up to 30 by the end of the year. The old office had 18 brokers.

“We’re beefing up East Hampton,” DeVivio said. The firm is planning to soon expand to the rest of the Hamptons as well, he said. Halstead already has a South Hampton office. Two to four more offices are likely to open in the next year, DeVivio said, bringing Halstead’s broker total to between 100 and 125 in the Hamptons.

As far as seasons go, DeVivio said activity is up in the area, with the number of sales increasing 7.6 percent to 650 deals in the fourth quarter of 2013 from 604 in the final period of 2013. While the last few months of the year have typically been a quiet time in the Hamptons for real estate, “That has completely changed,” DeVivio said.


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