Hamptons Cheat Sheet: Sag Harbor finalizes deal to build waterfront park where condos were once planned … & more

TRD New York /
May.May 30, 2018 03:00 PM

Clockwise from top left: East Hampton home with water views lists for $17.5M, Newly built Sagaponack home sells for $11.5M after four months on the market, Sag Harbor reaches deal with developer to build waterfront park, and Amagansett home on 5 acres of waterfront lists for $12.5M.

Sag Harbor finalizes deal to build waterfront park where condos were once planned
Sag Harbor officials reached a deal last week with developer Jay Bialsky and Southampton Town that will help push the John Steinbeck Waterfront Park project forward. Southampton will use $10.5 million from its community preservation funds to buy the 1.25 acres from Bialsky, 27east reported. That land would link others to create a continuous waterfront park. Greystone Development was the previous site owner and had planned a condo project there before selling to Bialsky in April. The developer will retain some of the land to build three townhouses with boat slips. [27East]

East Hampton home with water views lists for $17.5M
A 6,500-square-foot home overlooking Hook Pond and the Atlantic is on the market for $17.5 million. Sitting on 1.6 acres, the two-story home sports seven bedrooms, 11-and-a-half bathrooms, a glass-encased home gym and an infrared sauna, among other indoor amenities, Curbed reported. Outside, it has a heated pool, covered porches and a kitchen. Corcoran Group’s Charlie Esposito and Debbie Brenneman have the listing. [Curbed]

Amagansett home on 5 acres of waterfront lists for $12.5M
A 6,500-square-foot home on 5 acres of Gardiner’s Bay is on the market for $12.5 million. Built in 2001, the two-story home has eight bedrooms, eight bathrooms, a chef’s kitchen, fireplace and walkway to the water. Timothy English and Peter Turino of Brown Harris Stevens have the listing. [Curbed]

New Sagaponack home sells for $11.5M after four months on the market
A new construction Sagaponack home sold for $11.5 million last week after four months on the market, closing just $450,000 under its listing price. The 6,800-square-foot home has two stories, six bedrooms, six-and-a-half bathrooms and an ocean view, according to Curbed. It also features a 7,500-bottle wine cellar, gym, sauna, balcony and heated garage. Corcoran Group’s Gary DePersia has the listing. [Curbed]

Town of East Hampton lifts ban on takeout-only restaurants  
The East Hampton Town Board lifted a ban last week on takeout-only eateries in its commercial district. Locals hope that lifting the ban will bring new businesses to the district, 27east reported. The ban was originally put in place in 2008 to curb trash buildup on the streets. Officials said they’d recently been fielding inquiries from potential tenants, pushing them to rethink the policy. [27East]


Related Articles

arrow_forward_ios
49 East 10th Street and Barbara Corcoran (Credit: Google Maps and Getty Images)

Corcoran to shut down office in building partly owned by Barbara Corcoran

Corcoran to shut down office in building partly owned by Barbara Corcoran
Corcoran President & CEO Pamela Liebman (Credit: Corcoran, Getty Images)

Welcome to Queens: Corcoran opens first borough outpost

Welcome to Queens: Corcoran opens first borough outpost
Corcoran CEO & President Pamela Liebman (Credit: iStock)

Corcoran begins new lead-gen push via Facebook ads

Corcoran begins new lead-gen push via Facebook ads
Shawn Mobley (left), is being replaced by Andrew McDonald (right) as CEO of the Americas at Cushman

Shakeup at Cushman: Mobley out, McDonald promoted

Shakeup at Cushman: Mobley out, McDonald promoted
(iStock)

To survive, NYC retailers are treating average Joe’s like they’re rich

To survive, NYC retailers are treating average Joe’s like they’re rich
The financing deal comes after AMC theaters have been shuttered for months due to the coronavirus pandemic. (iStock)

AMC nears deal to avoid bankruptcy

AMC nears deal to avoid bankruptcy
394 Vanderbilt Avenue (Douglas Elliman)

As weather heats up, Brooklyn luxury market doesn’t

As weather heats up, Brooklyn luxury market doesn’t
CIM Group’s Shaul Kuba, Knotel's Amol Sarva, Related Group’s Jorge Pérez and The Agency’s Mauricio Umansky (Getty, Sarva by Sasha Maslov, iStock)

These real estate companies got fat PPP loans

These real estate companies got fat PPP loans
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...