The Real Deal New York

Hamptons Cheat Sheet: First trial involving East Hampton rental registry law ends with vindication of tenant … & more

By Aidan Gardiner | April 03, 2018 05:00PM

First trial involving East Hampton rental law ends with vindication of tenant
A jury in the East Hampton Town Justice Court last week sided with Settlers Landing resident Jim Henry, who was the first renter to be tried over a law passed in 2015 that requires rental properties to be registered with the town. The octogenarian owner of Mr. Henry’s unit, who should rightfully apply for the registry number, was not able to since she was ailing, living in Yonkers and has since passed away. Nonetheless, the town pressed charges against Mr. Henry, who brought on a longtime critic of the law as his legal representation. “This was my first opportunity to contest this piece of crap in Town Justice Court — and the jury agreed with me that it’s a piece of crap,” lawyer Lawrence Kelly told 27 East. [27East]

Wainscott estate cuts another $16M off original $95M ask in third year on market
Burnt Point, a 24-acre estate on Georgica Pond, dropped its price again to $59 million, Behind the Hedges reported. In 2015, the lakeside estate listed for $95 million, but the price was slashed to $75 million a year later. The 18,000-square-foot home features eight bedrooms with 12 full bathrooms and three half bathrooms. It’s also got a wine cellar, home theater, tennis court, library fitness room among other amenities. Frank Newbold and Marilyn Clark of Sotheby’s International Realty are handling the listing. [Behind the Hedges]

Southampton condo project is missing key figure in its paperwork
Developer George Benedict was removed from official paperwork when plans for the Village Latch Inn were presented to Southampton Village Zoning Board of Appeals. Benedict and the Beechwood Organization bought the inn for $23 million in 2016. It wasn’t immediately clear why Benedict wasn’t on the paperwork. Developers hope to have the land rezoned to multifamily use, in order to build 23 condominiums on the 5.5 acres. [The Southampton Press]

East Quogue golf course proposal could face zoning roadblock
A plan for a golf course in East Quogue could violate current zoning rules, according to critics. The developers, Discovery Land Company, had previously proposed a golf course on the plot, but that was shot down. The current plan, like the one before, would include 118 homes and a nearly 600-acre golf course. The developers argue that the plan is covered by a little-used town provision for residential amenities.  [The Southampton Press]

Southampton oceanfront home lists for $49M after slashing $6M off ask
An 8,225-square-foot home with 430 feet of ocean frontage cut $6 million off its original $55 million ask. The home on Barons Lane, which was built in 1991, features eight bedrooms, seven full bathrooms, two half bathrooms, picture windows, oceanside decks, stainless steel appliances and a pool. Harald Grant of Sotheby’s International Realty is handling the listing. [Curbed]