FERRIS SAID BEACH PERMITS ARE GOING FAST!

Almost as coveted as a
Covid vaccine!

So East Hampton Village beach passes went on sale just a few days ago.   So, how is it going?   Um, it’s sick. My best friend’s sister’s boyfriend’s brother’s girlfriend heard from this guy who knows this kid who’s going with the girl who saw Ferris at 31 Flavors last night and he said they sold a crazy number of passes already. So,  I guess it’s pretty serious.     According to the friend of Ferris, 2500 beach passes were gone after only two days of sales.   In a normal year, that number would be closer to 200.   So if you’re looking forward to sunning in the sands of any of the village beaches, you better run to Village Town Hall (86 Main St., East Hampton) with your license, registration or check and get your permit.  You can also try going on line by clicking here:

https://easthampton.permits.basgov.com/

Meanwhile, the real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry especially here in the Hamptons, is the lack of homes available for sale today. Last week, the National Association of Realtors (NAR) released their Existing Home Sales Report, which shows that the inventory of homes for sale is currently at an all-time low. The report explains:

“Total housing inventory at the end of December totaled 1.07 million units, down 16.4% from November and down 23% from one year ago (1.39 million). Unsold inventory sits at an all-time low 1.9-month supply at the current sales pace, down from 2.3 months in November and down from the 3.0-month figure recorded in December 2019. NAR first began tracking the single-family home supply in 1982.”

What Does This Mean for You?

If You’re a Buyer:

Be patient during your home search. It may take time to find a home you love. Once you do, however, be ready to move forward quickly. Get pre-approved for a mortgage, be prepared to make a competitive offer from the start, and know that a shortage in inventory could mean you’ll enter a bidding war. Calculate just how far you’re willing to go to secure a home and lean on your real estate professional as an expert guide along the way. The good news is, more inventory is likely headed to the market soon, Lawrence Yun, Chief Economist at NAR, notes:

“To their credit, homebuilders and construction companies have increased efforts to build, with housing starts hitting an annual rate of near 1.7 million in December, with more focus on single-family homes…However, it will take vigorous new home construction in 2021 and in 2022 to adequately furnish the market to properly meet the demand.”

If You’re a Seller:

Realize that, in some ways, you’re in the driver’s seat. When there’s a shortage of an item at the same time there’s a strong demand for it, the seller is in a good position to negotiate the best possible terms. Whether it’s the price, moving date, possible repairs, or anything else, you’ll be able to request more from a potential purchaser at a time like this – especially if you have multiple interested buyers. Don’t be unreasonable, but understand you probably have the upper hand.

NEW CHIEFS AND CHEFS FOR INDIAN WELLS TAVERN!

THE FINAL POW WOW IS AROUND THE CORNER FOR INDIAN WELLS.

The wagons have circled and it looks as though changes are a comin’ to Indian Wells Tavern in Amagansett. What is easily one of the most popular watering holes around will be shuttering its doors at the beginning of March. From what I’m told the Main Street location is in for a slight make over as the team behind Highway Restaurant takes over the reigns. The new establishment will allegedly stay pretty similar to the current “tavern” menu but with a slightly “higher end” flair. According to sources, (sources LOL, it almost sounds like I’m a real blog!) staff of the Tavern was told of the changes earlier this week. I only hope that with these changes current owners Kevin Boles and Chris Eggart carry their Wednesday Fajita Nights to either Bostwick’s locations.

Meanwhile on another night… I mean note…. it’s that time of year. Yes, permits for East Hampton Village beaches are now on sale. Every year I tell folks to do it early and EVERY year I hear how they ran out and you have to actually ride your bikes to the beach. The 3,100 permits usually run out around late March so get on it! You can click here to get all the details and apply for your permit online.

One word of caution for anyone who gets a permit. Last year I had damaged my license plates and had to get new ones with a new number. MISTAKE! I forgot my beach permit has the license plate number written on it and got a hefty $200 ticket. I tried to fight it but after two emails and one written letter I gave up. Learn from my mistake… you’re welcome.

FINAL THOUGHTS…. Why are there telephone poles on Wireless rd.?

A SNOW JOB …. SAG GETS JUST WHAT IT NEEDS-NOT… AND LAST CALL FOR BEACH PERMITS!

So you ran to the store and you bought all the eggs, bread and milk you could find and now you’re eating French toast for dinner.    You was had people!  Yep, after much hype and hoopla , the blizzard that wasn’t hit the East End.

Snow173
EH Main St. after “Fluffy”

Forecasters were so convinced of this snowpocalypse that they even gave it a name.   I can’t remember what it was and it’s a good thing.    As we all know, it was a big snooze here.    While we did have some icing roads and a power outage in The Springs, the most significant impact of the storm I’m now calling “Fluffy” was a down tree in the middle of Main Street East Hampton.    So there you have it, now it’s time for spring to begin.

 

Sag Harbor needs lots of things… a shoe repair shop, a great day spa, a doggy day care or even a Cheesecake Factory or Outback Steakhouse as discussed in previous blogs.

sagbanks
Another bank..

One thing they don’t need is another bank.    Well guess what Hamptons folks, your prayers have once again been ignored.   JP Morgan Chase has set its sites on the location once occupied by Capital One.   An application has been made with the Village of Sag Harbor to obtain a “Certificate of Appropriateness from the Village Board of Historic Preservation and Architectural Review.”     I personally will benefit from the fact I don’t have to pay a service fee for ATMs in town since I bank at Manufacturers Hanover….err I mean Chemical Bank…. I mean Chase.    But a bank?!  How boring… like a real estate office.

beachpermit17b.jpg
99 of these puppies left!

Beach Permits…  you can’t live with them and you can’t live without ’em.    But while Southampton Village and Flanders Village continues to sell permits in unlimited numbers, the can’t be said of East Hampton Village.    So, how many are left?   According to my top secret reconnaissance (i.e. I made a phone call) there are only 100 passes are left!  So take two minutes and go online here and get your beach pass, otherwise you might as well go to Ocean City, MD.  I would have insulted New Jersey here but my family keeps getting nasty about my blog posts!  OOOPS… I meant to give you the link to get your passes online!  Yep you can do that by clicking here.

 

 

WEEKEND UPDATE… THE LAZARUS OF LINGUINI… & BEACH PERMIT LINKS!

How cold is it out there?  Well if you’re like me you’ve been glued to local news for “Snowpocalypse 15, The Blizzard of 15 and the This Winter Sucks 15” special coverage.   Yes, if all of those negative numbers on the screen are giving you flashbacks to your Calculus 101 class, you’re not alone.     While the media contuinues scaring the bejeezus out of everyone there is the reality of icy roads and un-shoveled walkways.   With that in mind, it’s no surprise that action on the East End was very quiet this past President’s Day Weekend.   In fact, even a Valentine’s Day over the weekend wasn’t enough to keep restaurant and business owners happy.   The real estate market was much the same this past weekend. A fair amount of action but it would have been better if it didn’t snow!   In spite of article after article about how “all the good Hamptons summer rentals are gone,”  renters and buyers still weren’t willing to put on their boots and trek through waist high drifts to see properties.     I also noticed a slight dip in web traffic this past week maybe due to nobody thinking “beach” when frost bite is imminent.   Maybe everyone was busy with Valentine’s Day or going to see “Fifty Shades of Grey.”     Either way, my cadre of brokers and agents gave this past weekend a solid “C.”  Here’s hoping for a big thaw and warmer temperatures soon.

Doppio…. Last spring

 

Meanwhile, rumors of the death of Doppio in Sag Harbor have been greatly exaggerated. I for one thought it was pretty much D.O.A. by the end of last summer.   But, according to very reliable sources, the Italian eatery which got off to a promising start last summer is coming back for a second season!     The windows which are currently covered with paper will be peeled back and service will continue for the handful of dedicated customers.   So where did Doppio go wrong last year and how can they make it this season?   The biggest complaint I heard was not about the food but rather the service was terrible.  I guess in my encounters, I always thought there is better food in town with better service… so why bother.    Here’s hoping they pull it together for next year.

Yep… the snow may be deep but you better start thinking about getting your beach permits before you’re stuck going to Asbury Park.   Below are the links you’ll need for enjoying fun in the sun this coming summer!

Beach Permit Links!

East Hampton Village Beach Permits

East Hampton Town Beaches

Southampton Town Beaches

Southampton Village Beach Permits