Gurney’s $56.7M Deal For Montauk Yacht Club - 27 East

Food & Drink

Food & Drink / 1386271

Gurney’s $56.7M Deal For Montauk Yacht Club

icon 1 Photo

authorJD Allen on Jun 18, 2018

The deal to acquire what may be the largest marina on the East End was made for more than $56.7 million when Gurney’s Resorts signed a check to buy Montauk Yacht Club & Resort, according to real estate transfer data from The Real Estate Report Inc.

Now called Gurney’s Montauk Yacht Club & Resort, the popular spot on the end of Long Island’s fish tail is actually three properties purchased and transferred separately: 32 Star Island Road for $46.8 million, 88 South Elmwood Avenue for $6.95 million, and 379 West Lake Drive for $2.95 million.

According to a press release sent out in May from George Filopoulos of Metrovest Equities and Lloyd Goldman of BLDG Management—who are also owners of the nearby Gurney’s Montauk Resort & Seawater Spa, and are leading the transition of the property—the resort will operate through the summer months.

“We’re looking forward to elevating the property and its offerings for weddings, groups, and leisure guests, and to now creating opportunities for our guests between our resort and marina destinations in Montauk,” Mr. Filopoulos said in May’s press release. The yacht club will close down after the summer season for renovations, including upgrades to the 107 guest rooms, ballroom, meetings rooms, three restaurants and 35-acre marina and grounds. The $13 million project is expected to be complete in time for the 2019 season.

The long-favored restaurant Coast Kitchen was closed and temporarily rebranded into 32 Star. It featured a limited menu with clambake-style, and surf-and-turf cuisine.

In June, Gurney’s released its new menu for the yacht club.

A spokesperson from LDV Hospitality, which has partnered with Gurney’s before to plan menus for The Beach Club of Montauk and Scarpetta, said the company is also charged with crafting the new location’s Italian food and beverage offerings. That responsibility falls on Chef Paolo Dorigato, of Dolce Italian in Miami. Chef Chris Jaeckle, of Uma Temakeria and founder of Kitchen Connect Consulting, will execute those menus, which have been said to include spicy sriracha lobster rolls and personal pizzas.

You May Also Like:

Meet Moji Masala and a North Sea Couple With a Spicy Mission

Four years ago, North Sea husband-and-wife team J.D. Walsh and Shireen Qadri founded Moji Masala, ... 11 Jul 2024 by Staff Writer

‘Cassoulet Confessions’: Sylvie Bigar’s Exploration of a Culinary Passion Brings Her to Bridgehampton's Barnes & Noble This Weekend for a Book Signing

Back in mid-January on a frigid night in Vermont, Sylvie Bigar, a food writer and ... 9 Jul 2024 by Annette Hinkle

Foodstuffs: 'Sips of Summer,' Sweet Partnership, Tacos and Tequila and More

“Sips of Summer” Delves Into Craft Beer The Express Magazine’s “Sips of Summer” series continues ... 8 Jul 2024 by Staff Writer

Michelin Chef Joe Isidori Returns to His Roots With Opening of Arthur & Sons in Bridgehampton

As a chef, Joe Isidori has ascended to the pinnacle of his career, earning a ... 19 Jun 2024 by Cailin Riley

Foodstuffs: Wölffer Estate Vineyard Unveils Summer in a Bottle Sauvignon Blanc 2023

Wölffer’s Summer in a Bottle Sauvignon Blanc 2023   Known for its vibrant flavors and ... 17 Jun 2024 by Staff Writer

Foodstuffs: New Openings, Happy Hour, Live Music and More

Romanesque Pizza in East Hampton Little Charli East Hampton is bringing its authentic Roman-style pizzas ... 13 Jun 2024 by Staff Writer

Foodstuffs: Seasonal Reopenings, Sweet Stuff and Food Truck Goodies

Old Stove Pub Celebrates 55 Years The iconic dining staple Old Stove Pub is celebrating ... 3 Jun 2024 by Staff Writer

'Sips of Summer' Kicks Off With a Sake Tasting Led by Jesse Matsuoka

Whether it’s wine or beer, spirits or hard cider, Americans love their alcoholic beverages. But ... 27 May 2024 by Annette Hinkle

Foodstuffs: New Restaurants Openings, Happy Hour and Late Night Pizza

Shark Bar Opens on the Napeague Stretch Shark Bar, the new beachside bar from the ... by Staff Writer

Foodstuffs: 'Sips of Summer,' Quail Hill Turns 35, and Celebrating a Riverhead Winery

‘Sips of Summer’ Returns   The Express Magazine’s “Sips of Summer,” an annual series of ... 15 May 2024 by Staff Writer