Hamptons Cheat Sheet: Famed Amagansett fish shop lists for nearly $7M, East Quogue golf course vote delayed again … & more

TRD New York /
Dec.December 18, 2018 11:00 AM

Clockwise from top left: Stuart’s Seafood Market in Amagansett lists for nearly $7 million, Southampton delays vote on East Quogue Golf Course to review application changes, Southampton zoning board expected to approve revised Mocomanto renovation plans and an Ivy-covered Southampton home lists for $6.5 million.

Stuart’s Seafood Market in Amagansett lists for nearly $7M
Longtime celebrity favorite Stuart’s Seafood Market in Amagansett has been put on the market by its owners Bruce and Charlotte Sasso for $6.99 million, according to the New York Post. Gwyneth Paltrow used the store in a photo shoot for her cookbook “It’s All Good.” The 8,500-square-foot fish shop sits on an acre that also has two homes and a parking lot, Curbed reported. The larger of the two homes has 1,800 square feet and two stories. The smaller house has 1,000 square feet, two bedrooms and stands at only one story. The commercial property, the only one of its kind in a residential neighborhood, has a commercial kitchen, office space and fish and lobster holding tanks, as well as both cold and dry storage. The Sassos are the third family to own the business since it opened as a one-room store in the 1950s. The Corcoran Group’s Tracey Holmes and Randi Ball have the listing. [The Real Deal]

Ivy-covered Southampton home lists for $6.5M
A 4,500-square-foot home on 1.5 acres in Southampton has listed for nearly $6.5 million, Curbed reported. The ivy-covered home has six bedrooms, five-and-a-half bathrooms, a paneled entry, coffered ceilings and a chef’s kitchen. The master suite has a walk-in closet along with an ensuite bathroom with heated floors. The property also holds a sunken Har-Tru tennis court and a heated gunite saltwater pool. The property previously sold for $810,000 in 2002 as just an empty lot, according to the outlet. The home was built in 2004 and then sold in 2013 for $4.9 million. The Corcoran Group’s Susan Breitenbach has the listing. [Curbed]

Controversial East Quogue golf course vote delayed again
Southampton Town Planning Board members want more time to look over a controversial plan to build a private 18-hole golf course at a proposed housing development in East Quogue, 27east reported. The board met on Dec. 13, a move that was supposed to open a 62-day window for a hearing necessary to complete a preliminary application for the project, known as The Hills in East Quogue. But Southampton board members said they need to see if there have been changes to the proposal that could change its environmental impact. The board voted 5-to-1 with one abstention to deem incomplete the application from the project’s developer, Discovery Land Company, an Arizona-based firm controlled by real estate tycoon and George Clooney tequila business partner Mike Meldman. Changes in the application could trigger a supplemental review by a third party, although town officials have said such a measure is not necessary. The Long Island Pine Barrens Society, a Riverhead-based nonprofit, could also try to overturn the board’s decision in court. [27east]

Zoning board expected to OK revised renovation plans for ‘Jewel of Southampton’
The Southampton Village Zoning Board of Appeals is expected to approve a proposal to alter the Victorian estate Mocomanto, according to 27east. The move follows an approval earlier this month by the Board of Architectural Review and Historic Preservation that advanced the renovation plan. The dual decisions overwrite those by both bodies earlier this year about prior renovation plans to the home, which is also known as the “Jewel of Southampton.” Opponents of those plans sued the boards. In November, owners Ken and Ana Fox filed updated renovation plans with the boards that tried to answer the concerns of the opponents, who ultimately pulled their lawsuits. The ground floor will now include a west-facing porch, matching an existing wrap-around to the south and east. The roof will resemble a pyramid. The new plans, according to 27east, emphasize Mocomanto’s third floor spaces without making it appear towering. [27east]

November’s median Long Island home prices tick up over 2017, but market uncertainty abounds
The median home price for Long Island last month was $457,500, representing a 5.2 percent increase over the same time last year, according to data compiled by the Multiple Listing Service of Long Island, which recently issued a similar October report that includes numbers for Nassau, Suffolk and Queens counties. Suffolk ended November with a median price of $380,000, representing a 7 percent increase over November 2017. Nassau closed November with a median home price of $525,000, a 7.8 percent increase over the $487,000 reported for November 2017. There were 16,483 houses for sale this past November, 11.2 percent more than the same time last year. Despite the increases, Long Island Business News reported that sales remained mostly flat, while Newsday noted that rising inventory could foreshadow a housing slowdown that is already affecting neighboring New York City. [MLSLI]


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