A WHOLE LATTE NEW FOOD IN EAST HAMPTON!

Last week it was San Ambrose…. sorry Sant Ambroeus. Now, just in time for the holiday season, Tutto Il Giorno is finally opening their doors in East Hampton Village tomorrow (11/28/22). The restaurant Tutto Caffe (yes that’s how they’re spelling it) has been under construction for what feels like forever, and they missed the summer rush. But from what we’ve heard, it was worth the wait. They will be serving paninis, espresso, cappucinos, pastries, wines and more. One tid bit we got from our spies is that the croissants are AMAZING and going to give Carissa a run for her money. Although it hasn’t opened yet, a quick peek of the interior appears to be sleek, slylish and casual. So if you’re in the village tomorrow, be sure to check it out. It’s located at 55 Main St down the small path towards the back parking lot. More details should be available tomorrow or you can check their instagram profile @tuttoilgiornocaffe. So mangia to all and to all a good night!

One of the great winter events now in the Hamptons Is the spectacular sunsets on the ocean. If you haven’t gone to the beach yet, bundle up and make the trip. The winter sunsets are a spectacular substitute for now. Sunsets happen on the water and the colors are magnificent. But remember that these sunsets are available for a limited time only, so don’t miss out! The sun usually shifts again mid January and the sunsets are over land once again. So, take a walk on the beach, and enjoy the winter scenery. It’s a great way to relax and recharge before the busy holiday season.

Speakng of limited time only, it’s that time of year again. Hampton Jitney discount ticket packs are on sale now. Once again, save big and know the tickets never expire. If you want more details or to buy packs now online CLICK HERE.

NOT FOR PENNE PINCHERS AND AN OBITUARY ON MAIN STREET.

The New Saint Ambrose…. I mean Sant Ambroeus.

Sant Ambroeus, a popular Italian restaurant chain (with 11 locations it’s a chain – like Olive jardin but with no bread sticks) recently opened their second Hamptons location in East Hampton. The new location is situated at 66 Newtown Lane in the building that was recently sold for a whopping $28 million. I haven’t had a chance to eat there yet, but a few friends did this past weekend and I’ve been hearing all about it. Here’s what people are saying.

On the one hand, people are raving about the cuisine. They say the food is fantastic and the restaurant is quite the scene. On the other hand, they’re not so thrilled about the price tag. “Expensive” is the word I’m hearing most often. A Caesar salad will set you back $28, while a veal chop will cost you a cool $57. Even the clam chowder is a pricey $49. So yes, the food is really good… but it doesn’t come cheap. So think of it this way, it’s the Ticketmaster of Italian food where there’s a service charge to go and be seen.

Even though I didn’t eat in the EH location, I did manage to sneak a peek inside. The interior was redone by the same team that worked on Surf Lodge and Ruschmeyer’s, but it still looks quite similar to the old Babette’s. So, if you liked Babette’s, you’ll probably feel right at home at Sant Ambroeus.

We hardly knew ye’ – Main Street Tavern

Meanwhile, It is with a heavy heart that we say goodbye to Main Street Tavern Amagansett. The restaurant, which opened with a lot of fanfare in July of 2020, was not able to quite catch on and win over the hearts of locals IMHO. It’s unfortunate, but I guess the team behind 11 Madison Park and the always crowded Highway Restaurant were unable to replicate their success with this venture. The building is now up for sale for $5 million. Maybe it will become Indian Wells Tavern again. That would be awesome.

BEACH BLANKET BINGO BUST! PLUS, ONE MAN’S JOYRIDE IS ANOTHER MAN’S INSURANCE CLAIM.

No beach pass for you!

Sad news Frankie and Annette won’t be able to take their shenanigans “BACK TO THE BEACH” on the groovy sands of Main Beach East Hampton. The mad rush to the Summer surf of ’22 has begun and if you don’t have an East Hampton Village Beach Pass, you’re S.O.L! Just one day after sales of the coveted permits (all 4100) went on sale at midnight February 1st, they’ve sold out! YEP! You heard me right. According to the website, there’s already a waiting list of about 400. But don’t totally despair, there are still town beach passes available and you can always buy daily passes at certain locations like Main Beach and Two Mile Hollow. SInce they went so quickly, one would hope the village would open up and make more available? But don’t hold your breath. If you want to see for yourself, village the village website now.

Sushi and Dosas on Newtown Lane.

Elsewhere some notable restaurant shuffles are happening around town. A few weeks ago the rumor was an established sushi joint was going into the other half of the old Mary’s Marveloous now Hampton Chutney Co. in East Hampton. Well I was half right, it’s going to be sushi but instead of who I thought was going in, the folks behind the old Zokkon and Suki Zuki will be the ones truncating tuna and whisking wasabi on Newtown Lane.

Also, while rumors have swirled about who was going into the old World Pie in Bridgehampton it’s become official Doppo La Spiaggia from Sag Harbor and East Hampton will be bringing their Bolognese and Fritto Misto to the Main Street location. From what I’ve heard, the new restaurant will be serving a more casual menu along with gourmet pizzas.

Finally, if you visit any of the local chat boards you’ve probably noticed the topic of conversation has moved from squatters to car thefts. But nobody is talking about that crappy Angelina Jolie/Nicholas Cage camp fest “Gone in 60 Seconds” even though the timing seems to be pretty accurate. Yep, you heard me right. Cars are being stolen around town from driveways in both East and Southampton towns. In most of the cases, the owners had left the keys in the cars in their driveways (some even on long secluded drives) and the thieves were in and out before the owners knew it. One poster said by the time they noticed the car missing, the GPS had already been disabled. So in closing make sure you are the key master and keep them out of the car!

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.