The Real Deal New York

Hamptons Cheat Sheet: Jury sides with Saunders in data-hacking case, Town & Country expands with Greenport office … & more

By James Klatell | February 27, 2018 04:40PM

Clockwise from top left: Judi Desiderio of Town & Country Real Estate, a 19th Century church turned modern home in Sag Harbor, Andrew Saunders and Meg Salem, and a waterfront mansion in Quogue sold for $8.3 million.

Jury sides with Saunders & Associates in suit against former agent Meg Salem
A Long Island jury sided with Saunders & Associates in a data-hacking case against former agent Meg Salem, but the jurors awarded the Hamptons-based brokerage only $13,300 in damages. Saunders claimed that Salem stole thousands of listings when she left for startup firm Compass, which fired her after Saunders’ lawsuit. Salem filed a countersuit claiming that Saunders owed her $429,777 in unpaid commissions and sought $5 million in damages. Her attorney, Robert Folks, said Salem was disappointed by the jury’s finding and is considering her next steps. [TRD]

Town & Country to open new North Fork office in Greenport
Independent East End powerhouse Town & Country Real Estate will open a new office in the North Fork town of Greenport. The Front Street property is currently being renovated and the brokerage will hire new agents to staff it. Established in 2005, Town & Country now has more than 160 agents and seven other offices across the South Fork, Shelter Island and North Fork. “Greenport is a popular hub on the North Fork,” CEO Judi Desiderio told Patch. “From the carousel to the great shops and award-winning restaurants, there’s so much to do there.” [Patch]

Sag Harbor price chop: 19th century church turned modern home for $8.995M
Originally built as a church in 1835, the building at 48 Madison Street in Sag Harbor has been reinvented by Bates + Masi Architects as a modern home, but it has lingered on the market since 2015 when it was listed for $23.5 million. This week it got another $2 million price chop, with the sale price now at $8.995 million. The 15,000-square-foot home has six bedrooms and sits on a half-acre of land. The property is represented by Lori Schiaffino of Compass. [Curbed]

Reality star Kyle Richards downsizes Southampton boutique
Days after moving her New York City boutique to a smaller retail space a few blocks away, reality show regular Kyle Richards is also shrinking the footprint of her Southampton shop’s location, opting to share space at 5 Main Street with The Shoe Box, the New York Post reported. The “Real Housewives of Beverly Hills” star opened the Hamptons outpost in June 2015. Kyle by Alene Too has three Florida locations and a Beverly Hills store. [NY Post]

Quogue mansion sells for $8.3M after six months and $1.2M price cut
After originally listing for $9.5 million in 2017, the property at 48 Shinnecock Road on Penniman Creek in Quogue recently sold for $8.3 million, Curbed reported. The 7,440-square-foot contemporary mansion has four bedrooms and five baths and sits on three waterfront acres. The grounds have a pool, spa and a private boat slip. Diane Saatchi and Lisa Bass of Saunders Real Estate had the listing. [Curbed]