market report

Hamptons Snow and Tell… Meredith’s Mistake… and Sag Harbor’s Newest Chef!

Meredith…. what went wrong?

Yes, the weather outside is frightful…  so frightful in fact I actually stayed inside, drank coffee and while I was loading kerosine into heaters and batteries into my zillions of lanterns, I watched  the “Meredith Vieira Show!”   I know, I sound like a doomsday prepper!   Anyway, it’s  so sad,  Meredith had the potential to be the new Phil Donahue but instead she’s busy trying to imitate the “Ellen” show.  Why????!   I guess what the television executives are thinking is nobody with half a brain watches television during the day.  Well I guess they’re not wrong but with the ability to watch TV on your phone and everyone having a built in DVR, won’t audiences follow smart programming?  Vieira was great on The View, 60 Minutes and the Today Show.   She was smart and approachable and added a spark to most anything she touched.  What happened!? Oh well but I digress…

Something’s cooking at Baron’s cove!

Some interesting news is thawing around town, while construction continues on the former Baron’s Cove Hotel, the restaurant that’s going into the new facility has apparently lined up a new chef to run the roost.   Rumor around town is that chef Matt Boudreau will be overseeing the new waterfront eatery.    In case you don’t know the name, Matt was the chef at Vine Street Cafe on Shelter Island for the past few years.     While I do love spending the extra $16 bucks and 40 minutes travel time going to “The Rock”, I’m kind of excited to make the trip for some good bolognese a little closer!  Hint to Matt – – – the bolognese on the menu!      In case you weren’t aware, Baron’s Cove was bought by Cape Advisers the folks behind the Watchcase factory a few years ago.  They’ve since started a major renovation of the site and after some back and forth, got permission to open a restaurant on the site with some restrictions.

Meanwhile, the numbers are out and things are looking up for real estate in the Hamptons!   Douglas Elliman just released it’s fourth quarter 2014 “Elliman Reports” for Long Island, Hamptons and North Fork, as well as our Decade (2005-2014) versions of those same markets. The reports are produced in conjunction with Miller Samuel and provide “the most comprehensive and neutral market insight available.”

The Hamptons finished the year with a strong performance. The quarter totals had the most sales in nearly a decade and the highest median sales price in more than seven years.  Along with the rise in sales, inventory remained stable which kept the market moving at a fast pace.

 

If you’d like the read the rest… check it out on Elliman.com!

Barking News!!! It’s a doggone good time in the Hamptons!!

Today show reporter Jill Rappaport & friend
I have some “barking news” here!   Two of my favorite Hamptons organizations are getting together in what sounds like a doggone good time!  Bay Street Theatre is partnering with ARF (Animal Rescue Fund of the Hamptons for  the “Travels with Charley” Dog Walk on Saturday, May 4th at 8:30 am!   Today show host and dog advocate Jill Rappaport will be there as host.   The walk will start at Haven’s Beach in Sag Harbor and finish at Bay Street Theatre.   There will be a “Bagels and Bones” reception immediately after the walk.  I’ll be there because Bella and Russell love bagels!
The walk is obviously a fundraiser that will  cover 5k or a little over 3 miles with a $25 entrance fee.  There will also be a GRAND PRIZE to the person who raises the most money!  Now, just know I will website and ARF’s website.
be the one who raises the most.  YOU GOT A BONE TO PICK WITH THAT?!   If your interested in hanging with Bella, Russell, Jill Rappaport and me you can get more info from Bay Street theatre on their website.
Now it’s a good time to paws and get the latest news on Hamptons real estate as Douglas Elliman released it’s latest “Elliman Report: Hamptons Sales 1Q 2013.”   As you’ve been hearing the market has been brisk the past few months and the new market report confirms it.    2013 started at a rapid pace tail end of the year.   If you want more details you can download a copy of the report from Douglas Elliman.

Finally, some have a bone to pick with the Hamptons and the fact it’s just gotten too darn expensive out here!  Recently I had a chance to sit down with my friend author Stephen Gaines and LTV host and Southampton Press editor Dawn Watson about the state of the Hamptons economy.  Take a look and in the meantime, I’ll stop hounding you with my horrible puns!