Buyer Ponies Up More Than $10 Million For 2-Bedroom Sag Harbor Cottage - 27 East

Real Estate News

Real Estate News / 1397894

Buyer Ponies Up More Than $10 Million For 2-Bedroom Sag Harbor Cottage

icon 2 Photos
Showing up on its own after a two-year absence in the garden, Althea zebrina can last well into the fall with striking flowers on erect plants from 15 to 24 inches tall. ANDREW MESSINGER

Showing up on its own after a two-year absence in the garden, Althea zebrina can last well into the fall with striking flowers on erect plants from 15 to 24 inches tall. ANDREW MESSINGER OLYMPUS DIGITAL CAMERA

author on Mar 2, 2018
When might it be considered reasonable to pay seven figures for a cottage of just 654 square feet containing just 2 bedrooms and one bath? When it is on Glover... more

You May Also Like:

Orient Home of Theodore Roosevelt’s Grandson Sells for $3.58 Million

In Orient Village, a 5.7-acre estate that once belonged to the grandson of President Theodore ... 25 Jan 2023 by Staff Writer

Local Lawmakers Respond to Hochul’s Housing Proposal

Some local lawmakers may agree that the East End will not build itself out of ... by Michelle Trauring

Foster Crossing Estate Sells for $16.25 Million

A hedged and gated estate with a stucco and shingle residence close to the ocean ... 24 Jan 2023 by Staff Writer

Douglas Elliman Names Todd Bourgard Its CEO of Long Island, Hamptons and North Fork

Todd Bourgard, the leader of Douglas Elliman Realty’s sales offices on the East End, received ... by Brendan J. O’Reilly

Redcraft Estate Sells for $20 Million

The historic Redcraft estate in Southampton Village, restored by interior designer Steven Gambrel, recently changed ... 18 Jan 2023 by Staff Writer

Governor Pitches Plan To Create 800,000 Homes Statewide in a Decade

During her State of the State address last week, Governor Kathy Hochul announced a statewide strategy to build 800,000 new homes over the next decade, including overriding the wishes of towns and villages that refuse to rezone and approve higher-density development near train stations. Dubbed the New York Housing Compact, the strategy includes local participation requirements and incentives to achieve housing growth in every community across the state. “New York faces a housing crisis that requires bold actions and an all-hands-on-deck approach,” Hochul said. “Every community in New York must do their part to encourage housing growth to move our ... by Staff Writer

Sotheby’s International Realty Offers 2023 Luxury Outlook

Sotheby’s International Realty’s 2023 Luxury Outlook reports that the appeal of luxury real estate remains strong in spite of interest-rate hikes. As the Federal Reserve and other central banks worldwide have raised interest rates in hopes of staving off inflation, they have created a drag in the housing market overall, according to the report. However, buyers are still eager for prime property, especially if they feel they are getting a deal, Sotheby’s found. “If it’s priced in the right range, and it’s a special property, it’s still moving,” said Chris Klug, a broker and partner at Aspen Snowmass Sotheby’s International ... by Staff Writer

CPF Draws $160.8 Million in First 11 Months of 2022

In the first 11 months of 2022, the Peconic Bay Community Preservation Fund raised $160.78 ... 12 Jan 2023 by Staff Writer

Foster Crossing Estate Sells for $15.4 Million

A 2-acre traditional estate in Southampton Village that offers 10,000 square feet of living space ... 10 Jan 2023 by Staff Writer

In Sagaponack, a 19th Century Vermont Barn Sells for $7.6 Million

A 19th century barn that was disassembled and transported from Vermont to Sagaponack Village, where ... 4 Jan 2023 by Staff Writer