Real Estate News

Real Estate News / 1792232

The Latch Southampton Village Recognized For Historic Preservation

2 Photos

Inside a unit at The Latch Southampton. COURTESY BEECHWOOD

A rendering of the restored Terry Cottage. COURTESY THE BEECHWOOD ORGANIZATION

Vision Long Island recently awarded the Beechwood Organization, one of the biggest builders in New York State, with its 2021 Smart Growth Award for Historic Preservation for its work at The Latch Southampton Village, Beechwood’s new townhouse community off Hill Street in the village.

As part of the redevelopment of the site, the exteriors of two turn-of-the-20th-century structures — the main Latch building and the adjacent Terry Cottage — designed by Stanford White of McKim, Mead & White were preserved.

Guided by architects James McMullan of Fleetwood & McMullan and Jason Poremba of Jason Thomas Architect, in consultation with Village of Southampton historian Zach Studenroth, the structures of the Federal Revival period, cedar shingled and painted white with Dutch Colonial touches, were returned to their original splendor.

“We thank Vision Long Island for the honor and the team who worked with us to bring forward the best of the past for future generations to enjoy this beautiful property,” said Steven Dubb, the principal of the Beechwood Organization.

Coopers Neck Lane Estate Sells For $13 Million

A waterfront estate in Southampton Village sold at the end of June for $13.1 million, ... 3 Aug 2021 by Staff Writer

Bridgehampton North Estate Renovated By Jay Bialsky Sells For $7.2 Million

A 4.7-acre Bridgehampton North estate with an 8,000-square-foot residence renovated by builder Jay Bialsky recently ... by Staff Writer

Home Built For Sag Harbor Corrector Founder On The Market

The Sag Harbor home that was built for one of the village’s earliest newspaper publishers ... by Staff Writer

Recent Build In Southampton Village With $9 Million Asking Price Enters Contract

A recent build in Southampton Village has entered contract with a last asking price of ... by Staff Writer

Waterfront Ox Pasture Road Estate Sells For $28.45 Million

A 4.6-acre Southampton Village estate recently sold for $28.45 million after seeking $32 million, an ... by Staff Writer

Norman Jaffe-Designed Bayfront Estate In Quogue Asking $18 Million

An estate in Quogue designed by Norman Jaffe and fronting Quantuck Bay recently hit the ... by Staff Writer

Concert For Affordable Housing Planned August 27 In Southampton

The Town of Southampton Housing Authority and the Ascend Homes & Community Foundation are planning a concert to help raise money for affordable housing efforts on Friday, August 27, in Agawam Park in Southampton Village. The 6:30 p.m. concert will feature an Earth, Wind & Fire tribute band as well as food trucks and vendors. The free event will be geared toward all ages. Sponsors are sought, and net proceeds will go toward workforce housing projects within the town. For more information, email Curtis Highsmith, the executive director of the housing authority, at chighsmith@southamptonha.org, or call 631-905-5380. 28 Jul 2021 by Staff Writer

Second Quarters Reports Are All Good News For Hamptons Housing Market

The second-quarter reports for the Hamptons housing market were packed with good news for sellers. Inventory is down, demand is up — and prices are up, according to a survey of reports from Douglas Elliman Real Estate, Brown Harris Stevens and The Corcoran Group. Each real estate firm uses its own methodology, but the trendlines all pointed toward the same conclusion: The market is strong with demand outpacing inventory even though the frenzy of activity seen last summer amid pandemic fears and the New York State shutdown has stabilized. The Brown Harris Stevens Report found the highest average sales price ... 27 Jul 2021 by Brendan J. OReilly

Wainscott Tenant Fights Ejectment Proceeding Amid Eviction Moratorium

Despite New York State’s eviction moratorium remaining in place through August 31, a tenant in Wainscott faces an ejectment proceeding in State Supreme Court that seeks to immediately remove her and her family from the house she leased, so the landlord can close on its sale by Labor Day. The landlord also is seeking more than $1 million in damages should the pending sale of the house fall through due to the tenant staying past the closing date. However, the tenant may have every right to remain in the house for another 11 months, regardless of the eviction moratorium. The ... by Brendan J. O’Reilly

Community Preservation Fund Revenue Up 113 Percent To $113.5 Million For First Half Of 2021

The Peconic Bay Community Preservation Fund brought in $113.5 million in the first half of 2021, a 113 percent increase over the first half of 2020. Across the five East End towns, total CPF revenue in June was $19.8 million, compared with $7.88 million the same month a year earlier. That’s a 151 percent increase. “Revenues for the CPF continue to reflect the significant increase in real estate activity on the East End since the advent of the COVID-19 pandemic,” New York State Assemblyman Fred W. Thiele Jr. said in a statement. “This marks the 11th straight month that revenues ... by Staff Writer