Real Estate

Build Your Equestrian Compound or Subdivide

Build Your Equestrian Compound or Subdivide

In a time of great demand for Hamptons property when there is little available inventory, this property offers a unique opportunity. The 2.8 acre parcel is situated in the heart of Bridgehampton and zoned R-20, with a host of possibilities. You could build a significant new home here with pool, pool house and tennis, and create a large...

Caveat Emptor: Buyer Beware Revisited

Caveat Emptor: Buyer Beware Revisited

On July 9, 2021 we posted an article citing two court rulings that determined that the buyers were remiss with respect to their responsibility under New York Law to exercise reasonable care when purchasing a property: “Caveat emptor.” Buyer beware. In this article we look at a  New York Richmond County case, William McDermott v. Related Assets, September...

Cutting Edge Modern Construction

Cutting Edge Modern Construction

Far south of the highway in Bridgehampton, on a quiet, exclusive cul-de-sac, discover a spectacular new modern home that is nothing short of revolutionary. Exceptional does not begin to describe the quality of construction and level of detail of this residence. Built of stone and steel, not wood, with concrete floors reinforced by steel beams, the home is...

The Increase in Fannie Mae and Freddie Mac Loan Limits, Interest Rates, Inflation, and Their Impact On the East End’s Real Estate Market

The Increase in Fannie Mae and Freddie Mac Loan Limits, Interest Rates, Inflation, and Their Impact On the East End’s Real Estate Market

Effective January 1, 2022, the Federal Housing Finance Agency increased the baseline conforming loan limits for single-family homes in high-cost areas from $647,200 to $970,800. According to published reports, the nationwide median single-family home sales price in November, 2021 was approximately $379,000 as compared to $599,000 in Suffolk County. All of the New York Metropolitan area is considered...

Sayres Path 2 Acre Opportunity

Sayres Path 2 Acre Opportunity

This 2-acre property on a most desirable lane in Wainscott south can accommodate up to approximately a 10,000+/- sq. ft. home with pool and pool house. A rare find in a coveted location just a few minutes to the ocean beach, build your dream home here. This property presents a unique opportunity, just a couple of minutes to...

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