Real Estate

"This area holds some of the most precious real estate in the world due to a number of factors," explained the real estate pros.

Years ago, it was Trout Pond, Long Beach, Coopers Beach, Main Beach, or Sagg Main, a BBQ with the neighbors and softball under the lights at Mashashimuet Park.

"We are a real estate based economy driven by our proximity to Wall Street, but we can't just be a second-home community," said Assemblyman Fred W. Thiele, Jr.

Each summer season in the Hamptons, the overall landscape changes just a little bit.

We all know house prices in the Hamptons are astronomical, but are they the highest in the country? It seems so.

"They will want to know where the money is going," said Assemblyman Thiele. "They're not going to sign a blank check to spend on water quality."

"This extraordinary and highly celebrated estate has been truly exciting to market," said Esther Paster.

Quite often we read about a "tear down house" on a valuable piece of property.

The beachside property features a private boardwalk to the beach and a 5,000-sq.ft. residence.

Every day we hear numbers that evaluate the stock market's performance, such as the Dow Jones Industrial Average or the NASDAQ Composite index.