Serhant establishes Hamptons outpost

Brokerage signs lease for office in Water Mill

Tri-State /
Apr.April 04, 2022 07:00 AM

Ryan Serhant and new Hamptons office (SERHANT. Studios, iStock, Illustration by Kevin Cifuentes for The Real Deal)

Serhant is coming to the Hamptons.

The brokerage firm has signed a lease for a multi-structure compound at 103 Hayground Road in the Southampton hamlet of Water Mill.

“I have always had an active presence here, across all price points, and I’m excited to be bringing our firm to the Hamptons to better serve our local agents and clients,” Ryan Serhant, founder and CEO of the brokerage, said in a statement.

The new office, to open this summer, is located on Montauk Highway, the main artery to the Hamptons. It will span nearly 3,000 square feet across two buildings including a lounge area and experiential space for clients, coworking space for agents, and an outpost for Serhant Studios, the firm’s in-house film and production team.

This is Serhant’s second physical location, following the opening of its Soho office in September.

In his statement, Serhant said the location will not be a traditional office in function or in layout. Instead it will encourage a “drop-in” work style.

“Like our headquarters in Manhattan, Serhant House Hamptons will be designed to be somewhere agents want to be,” he said. “It won’t be a cube farm, but rather a gathering space designed to inspire networking, collaboration and a strong company culture.”

In the Hamptons, Serhant faces competition from large brokerage firms that have offices in the area, such as Douglas Elliman, Corcoran and Compass, as well as boutique firms based in the Hamptons — and which dominate its luxury listings — including Bespoke Real Estate and Hedgerow Exclusive Properties.

Serhant will expand its Signature division, which focuses on properties priced over $10 million, to the Hamptons.

Caleb Petersen of Newmark Knight Frank represented Serhant in the leasing of 103 Hayground Road.





    Related Articles

    arrow_forward_ios
    CoStar's Andy Florance and REBNY’s James Whelan (Getty, iStock)
    REBNY, CoStar launch Citysnap listing portal
    REBNY, CoStar launch Citysnap listing portal
    From left: Howard Lorber, Bess Freedman, Ryan Serhant, Eddie Shapiro, and Robert Reffkin (Douglas Elliman, SERHANT, Compass, Getty Images, Brown Harris Stevens, iStock)
    Brokerage execs condemn SCOTUS ruling, pledge to cover abortion costs
    Brokerage execs condemn SCOTUS ruling, pledge to cover abortion costs
    A photo illustration of the Ram's Head Inn at 107 South Ram Island Drive in Shelter Island Heights (LoopNet, iStock)
    On the dock-et: Shelter Island inn owner sues town
    On the dock-et: Shelter Island inn owner sues town
    Saunders & Associates' Andrew Saunders and Fortune International Group's Edgardo Defortuna (Saunders & Associates, Fortune International Group, iStock)
    Saunders & Associates, Fortune International launch referral program
    Saunders & Associates, Fortune International launch referral program
    Julia Koch and 840 Meadow Lane in Southampton (Getty Images, Tim Davis/Corcoran)
    Julia Koch revealed as buyer of dated $70M Southampton estate
    Julia Koch revealed as buyer of dated $70M Southampton estate
    Top to bottom: Daniela Sassoun, Daryl Eisenberg and Mark Mistovich (Sotheby's)
    Top-performing Douglas Elliman agent pulls team to Sotheby’s International
    Top-performing Douglas Elliman agent pulls team to Sotheby’s International
    Friends of Bay Street Chairman Adam Potter and rendering of new affordable housing and commercial space (LinkedIn, BHC Architects, Illustration by Kevin Cifuentes for The Real Deal)
    Affordable housing project proposed for Sag Harbor
    Affordable housing project proposed for Sag Harbor
    Sophocles Zoullas and 275 Ox Pasture Road in Southampton (Getty Images, Harald Grant Real Estate, iStock)
    ‘Tenacre’ estate is only 3 acres, but lists for $25M
    ‘Tenacre’ estate is only 3 acres, but lists for $25M
    arrow_forward_ios

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

    Loading...