The Real Deal New York

Skyrocketing land prices rock East End

Dearth of available space makes for record demolitions as builders look for vacant property
By Theresa Agovino | July 28, 2015 10:10AM

From the July issue: There’s a new kind of home advertising in the Hamptons that doesn’t have sparkling adjectives and lush photos beckoning buyers. Instead the ads broadcast “land value,” which essentially tells potential buyers that while they may not want the house, they would want the plot it’s built on. [more]