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Tuesday, March 31, 2015

On Vacation... Back soon!


Friday, March 20, 2015

WARNING... BEACH PASSES ARE GOING FAST.... REAL ESTATE ACTIVITY AND A BRIEF RESTAURANT UPDATE!

So my Monday Morning Market Report is on Wednesday Friday this week.   Get over it.  I'm' not
You have to be kidding Bill?
running the train or the Jitney here.   Well, not that being on time matters for the Hampton Jitney.   The reason is we finally had a decent weekend where we didn't have 3 feet of snow or freezing rain.   I was busy. Once again I've spoken to my cadre of experienced brokers (about 10 in all from various companies and office) and they've given this weekend a "B-" rating.    While it still hasn't reached "the kind of traffic we should have this time of year", things are definitely picking up.  Rental inventory continues to remain good but there is a pent up demand according to many - potential tenants have been making inquiries but haven't taken the trek out here to seal the deal.   Look for that to change in the next few weeks.   A few attorneys have also remarked to me, that they are now feeling the effects of the arctic blast from a few weeks ago and things are quiet.   Meanwhile, Bill Evans on channel 7 WABC says we are in for another blast of winter this weekend, so pull that parka back out of the closet...  you're going to need it this weekend. Agents and brokers, get ready for all of the cancellations!


Please keep the chicken pot pie on the menu and bring back the guacamole!
Meanwhile, the clock is ticking for Beach Passes thanks to people buying them online.  Make sure you do so soon.  Sources told me they're selling like hot cakes and they're already 2/3 of the way to being sold out!   It might not seem like it's beach time yet but believe me it will be here before that next wrinkle on my your forehead!  Click here if you want to get yours now!

Finally, some quick restaurant updates!  There is a new tenant getting set to move into the former
Georgica Restaurant in Wainscott.   Rumor around town is it's going to be Italian and it's a restaurant
already here in the Hamptons..... Hmmmmmm.   Anyone know? There's been a ton of cars in the parking lot lately and seems there may be some renovations taking place.

Also, Highway Diner is doing some major renovations and will be reopening sometime in the next 3 weeks.   I'm not sure if the menu will be changing but the interior is undergoing a few changes to make it a little more "homey."



Tuesday, March 10, 2015

WEEKEND MARKET REPORT.... APOCALYPSE HAMPTONS AND HOW TO HANG WITH ALEC!

Winter siting of Hamtpons house hunters! 
So this week's weekend roundup is a day late.  What can I say, I was busy chipping ice from my walks and salting my driveway.     While we finally got out of single digits this past weekend and we qualified as a B-.     "We're still not seeing the kind of activity we should at this time of the year but it's still better than what we've seen the past few weeks,"  said one experienced agent.    
now have everyone on the verge of getting spring fever.   This in turn helped traffic this past weekend for Hamptons rental and sales.   While most of the activity was rental focused, there was definitely more interest in sales this past weekend than we've seen over the past polar vortex infused months.   Considering the lingering icy conditions and the snow this past weekend of agents and brokers I spoke to the first weekend

"They love the smell of low wafting bacon in the morning"
If you've ever flown across country you know how pilots love to point out landmarks like the Grand Canyon or St. Louis Arch, well when it comes the Hamptons it seems like the pilots enjoy getting as close a look as possible!  "Folks, look to your right and you can see Martha Stewart picking flowers." Well this Thursday evening, could it be a last call for boarding at East Hampton Airport?  Most definitely not but it does appear that things are going to be changing in some ways at HTO (FAA letters).  It will all begin at 4:30pm when The East Hampton Town Board will be listening to comments from all interested parties. Proposed are regulations to set late night, early morning and weekend restrictions on noisy aircraft coming and going.  

Currently there are no restrictions on when you can land or takeoff. If you want to wake up the entire East End with your giant Sikorsky helicopter (Hi Ira!) at four in the morning….you can.  Residents from all east end towns who are tired of rattling martini glasses and interrupted poolside conversations may finally get some relief after years of increased traffic to and from HTO.  And now that crowd-sorcerers like Blade are offering bargain basement rates you can expect the racket to increase even more unless the Town Board sets some limits.

What do you think? The East Hampton Town Board would like to know. You can email them and become part of the public comment at HTOcomments@EHamptonNy.gov


Your new BFF!?
You can also watch the proceeding live on LTV but if you do you'd better have plenty of popcorn.  Helicopter pilots plan to show up en-masse to plead their case and residents from all East End towns are coming loaded for bear.  Local government in action!

Meanwhile, do you want to hang with a Hamptons "A-lister?"   Well here's your chance. Charitybuzz.com is taking bids to see a performance of Arthur Miller's "All My Sons" and then have a meet and greet with it's star Alec Baldwin after the performance at Guild Hall in East Hampton.    You can get the details by clicking here because as you know with all these things there is always the fine print.   I have to say, I've always been a fan of Arthur Miller's "All My Sons" but will it be the same without Fred Mac Murray?   I also never understood what happened to the brother Mike from the first couple seasons.