Real Estate

"I genuinely believe that homes, like people, should be flexible and evolve over time. So, while we always deliver a home that is both beautiful and ready to be lived in immediately, we also design rooms that anticipate life will happen," said Kathleen Walsh.

COVID-19 has brought unprecedented attention to the subject of non-compliance with contracts including residential and commercial leases.

"Ultimately, many unanswered questions remain concerning whether and to what extent privacy rights will be enforced in New York against cooperative, condominiums, and other property owners and management entities," Matetsky and Joskal stated.

"Sag Harbor has long been an artistically vibrant and diverse community, and a home to actors, playwrights, and artists who we look forward to welcoming to our new purpose-built space," said Scott Schwartz.

"The second home market has been a boon to the local economy. However, it has also had the impact of driving up prices and making housing unaffordable for many local families," Assemblyman Fred W. Thiele Jr. told us.

"There is intense demand in both the rental and sales markets, which has not abated with the start off fall," Ernie Cervi noted. "Home seekers are seeking privacy and space, and they are willing to pay the premium to get it."

"I believe you will start to see more money allocated to the schools, transportation systems, restaurants, shopping and local establishments. More people means more money into the local economy, which is always a good thing," said J.B. Andreassi, Nest Seekers International Real Estate Agent.

"The Sagaponack General Store, currently Pierre's Market, was built in 1878 for the sole purpose of a general store and post office for the hamlet of Sagaponack, once named the most exclusive zip code in the country," Susan Ratcliffe noted.

"It's impressive to see five Hamptons Zip Codes in the top 50, equaling Manhattan," Andrew Weinberger noted. The clear trend this year has been that luxury buyers are leaving cities and heading towards the ocean or mountains."

Before the advent of Covid-19 retailers were being negatively impacted by online purchasing. Major box stores such as Macy's, Sears, and Kmart closed large numbers of stores throughout the country, while JCPenney and Neiman Marcus have filed for bankruptcy.