The Hamptons are New York’s backyard. A great percentage of the most affluent people living in New York have a home in the Hamptons which they use for weekends and summers. The Hamptons is entirely reflective of what is happening in NYC real estate. New York, is having an incredible run up, and so is the Hamptons. In 2014 prices increased 32% from 2013 – wow!
Now, spec building in the Hamptons is at an all time high.
More on The Hamptons…
Related’s CEO of development, Jeff Blau, is asking $32 million for his Bridgehampton getaway. Blau bought the house for $7.63 million in 2003. Now, it’s listed with Terry Cohen of Saunders & Associates, according to the New York Daily News. – Read more at The Real Deal
Presenting a taste of our Exclusive Ibiza Properties Follow us on Instagram for more videos, properties, and more
With the mega property in the Hamptons in full swing, sometimes one forgets about the historical side of Southampton, which is discussed in this very interesting article from Hamptons.com about the famous Gardenside property. Totally renovated recently both inside and out, the landscapes alone are wondrous to behold. But like any provenance for an historic home, one should begin with a little history of the place. Read more at Hamptons.com
The Real Deal has an in depth look at Ira Rennert’s mega property in the Hamptons, which was consistently in the news when it was first built due to its huge size and expense. We remember Rennert spent about $110 million. For example, it is 62,000 square feet, on 63 acres of prime oceanfront. It is valued at about $248 million, although some think as much as $500. As always, it is still surrounded by controversy. Read more at The Real Deal
In Southampton village, one of the most popular places to own in the Hamptons, usually has historic houses. Here we have a development of four new houses, which will give buyers all the bells and whistles they want, and ready to move in. Read more on Curbed NY