So my Monday Morning Market Report is on Wednesday Friday this week. Get over it.
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| You have to be kidding Bill? |
I’m’ not 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!
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| 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.”