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Hamptons.com
May 21, 2013

Real Estate In The Hamptons Is Cyclical Says Bill Williams of Sotheby’s

Nicole B. Brewerby Nicole B. Brewer
in Real Estate
Home Real Estate

Hamptons real estate agent Bill Williams, Senior Global Real Estate Advisor at Sotheby’s International Realty in East Hampton, doesn’t get surprised by the wild amenities in the Hamptons most amazing homes anymore, “It’s truly crazy what some people will put in [their] homes, from bowling alleys to gun ranges.” Never one to balk at a little extra effort for a client, Bill tells us that, “I once flew clients out to the Hamptons in a private helicopter from Philadelphia to see a property that had just came on the market. Before they got back on for the return trip, we had a $17,000,000 accepted offer.”

Just before the rush of Memorial Day Weekend and the start of the Hamptons summer season we heard back from Bill with his thoughts on the state of the market.

Bill Williams, Senior Global Real Estate Advisor at Sotheby’s International Realty in East Hampton. (Courtesy Photo)

Which towns/villages are the most sought-after right now?
BW: Amagansett has been very hot, especially the lanes. And Bridgehampton is seeing a lot of action also, especially close to the village.

Do you feel that the ‘Golden Age’ of East End real estate is over?
BW: Not at all. Real estate in the Hamptons is cyclical, like many other resort areas in the country. Professionals know how to ride out the slow times.

How have buyers/sellers changed over the past two years?
BW: Sellers have become more pragmatic, especially those whose properties have been on the market for more than nine months. Buyers have learned to be patient, and wait for the right time to make the offer. Together it is good for the market.

If “location” is the first rule in real estate, what is the second?
BW: Location. And the third is location. When buyers are looking for real estate, among the many factors that influence their decision are school districts, recreation and parks, view, proximity to village, etc. It all comes down to location.

What are the emerging trends in architecture?
BW: Modern architecture has become more and more prevalent in the past few years. We have some great local architects out here, such as Bates Masi, and New York based firms like Sawyer Berson.

What is an easy way to increase the value of a property?
BW: Information. Being able to tell a customer all important information about a property – lot size, coverage, surveys, zoning, comps – not only can increase value but also time on the market.

How important is ‘staging’ for a sale/rental?
BW: Critical. Staging makes all the difference in the world. I recommend it to all my clients whose homes lack furniture.

What is your forecast for the fall/winter real estate season in the Hamptons and North Fork?
BW: We should continue in a positive direction, the fall is a very active selling season in The Hamptons.

Tell us about one of your favorite listings on the market right now.
BW: My favorite listing right now is 380 Old Montauk Highway in Montauk. 1.5 ocean front acres with a small home pushed way forward on the lot, great panoramic views, plus it’s flat, so building a new home here is just like building a home on Lee Avenue, just with better views.

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THFM 2025 Festival Concert #2

September 11 @ 07:00 PM - September 11 @ 09:00 PM
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Arts and Archives presented by Springs Historical Society and Community Library, Opening Reception, September 13 Ashawagh Hall

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Surf Movie Night 2025

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Southampton Arts Center, 25 Jobs Ln., Southampton, NY
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Limewired Live at Meschutt Beach

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Parrish Art Museum Brings Dynamic Concerts To The Hamptons

Parrish Art Museum Brings Dynamic Concerts To The Hamptons

  • The Animal Rescue Fund of the Hamptons (ARF Hamptons) hosted the Bow Wow Meow Ball in East Hampton. The evening’s honorees, Ellen and Chuck Scarborough, were presented with the Champion of Animals Award, recognizing their more than twenty-five years of support to ARF. ⁠
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Over 400 guests celebrated ARF’s remarkable work with cocktails, followed by dinner catered by Olivier Cheng. Peter Marino, accompanied by his daughter and ARF Board Member Isabelle Trapnell Marino, presented the Scarboroughs with their award. ⁠
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📸: Patrick McMullan/PMC⁠
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Check out the full gallery at Hamptons.com (Link in Bio)⁠
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#arf #bowwowmeowball #hamptons #animalrescuefund #animalrescue
  • Make sure to add this event to your list for next summer
#Seafood #localeats #mtk #montaukgreen
  • I recently toured the new Rolex Boutique by London Jewelers in East Hampton, and it’s one of the most beautiful retail spaces I’ve ever stepped into. Located on Newtown Lane, the boutique is set inside a restored historic home that dates back to 1897, originally designed as a summer cottage.⁠
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From the outside, it has that classic East Hampton charm, cedar shingles, white trim, and lush landscaping. But once you step inside, it’s all about quiet sophistication.⁠
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The space is warm and welcoming, with walnut wood paneling, soft neutral tones, and beautiful textures throughout. There’s a fluted marble wall in a rich green Verdi Alpi stone that immediately catches your eye. It’s one of those details that’s understated but unmistakably Rolex.⁠
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Read the full article at Hamptons.com (Link in Bio)⁠
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#rolex #easthampton #hamptons #luxury #watch⁠
  • 🎾 Men’s US Open Final Viewing Party⁠
📅 Sun, Sept 7 • 2–5PM⁠
📍 Canoe Place Inn, Hampton Bays⁠
Watch the riveting Men’s US Open Final with drinks, grilled classics & fellow tennis fanatics in the lush garden.⁠
⁠
🦞 Montauk Seafood Festival⁠
📅 Sat, Sept 6 – Sun, Sept 7 • 12–5PM⁠
📍 On the Green, Montauk⁠
The ultimate seafood event in the Hamptons! Lobster rolls, fish tacos, chowder, oysters & more 🐚🍤⁠
⁠
🩰 Master Class w/ Kat Wildish⁠
📅 Sat, Sept 6⁠
📍 Hamptons Ballet Theatre School, Bridgehampton⁠
Open-level adult ballet class with world-renowned former NYCB & ABT dancer Kat Wildish. One day only!⁠
⁠
🎶 Hamptons Festival of Music⁠
📅 Sat, Sept 6 • 7PM⁠
📍 St. Luke’s Episcopal Church, East Hampton⁠
THFM’s MainStage Festival Orchestra featuring The New American Sinfonietta 🎻✨⁠
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🌾 Outstanding in the Field (Sagaponack)⁠
📅 Sun, Sept 7 • 3PM⁠
Dine where the food is grown! Guest chef Jason Weiner returns for his 19th year 🍽️🌱⁠
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😂 Samantha Bee Live⁠
📅 Sat, Sept 6 • 8PM⁠
📍 WHBPAC, Westhampton Beach⁠
Award-winning comedian Samantha Bee brings her one-woman show to the Hamptons!⁠
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🍴 Stirring The Pot: Andrew Carmellini⁠
📅 Sun, Sept 7 • 11AM⁠
📍 Guild Hall, East Hampton⁠
NYT’s Florence Fabricant interviews star chef Andrew Carmellini about his restaurant empire.⁠
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🌕 Full Harvest Moon Hike⁠
📅 Sun, Sept 7 • 7:30PM⁠
📍 Meet at SOFO Museum, Bridgehampton/Sag Harbor Tpke⁠
Walk under the moonlight with Friends of the Long Pond Greenbelt 🌙✨⁠
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🎨 Style Beading Workshop⁠
📅 Fri, Sept 5 • 1PM⁠
📍 Nathaniel Rogers House, Bridgehampton⁠
Join Indigenous artist Savannah LeCornu to learn traditional beading techniques.⁠
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⛳ A Legendary Day at Sebonack!⁠
📅 Tues, Sept 9 • 8:30AM–5PM⁠
📍 Sebonack Golf Club, Southampton⁠
An unforgettable day of golf supporting Westhampton Beach PAC 🌟⁠
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👉 Which event are you going to this weekend?⁠
⁠
Check out more events at Hamptons.com (Link in Bio)⁠
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#community #entertainment #hamptons #usopen #golf #comedy #seafood #montauk
  • Hamptons fashion week was hosted at Zoe Hospitality Private Membership Club, featuring designer Johnny Was, Porshia Swim, Vernice Holmes, Atelier H, Cesar Galindo, SixyByVenice and Ines Hernandez Hats.

#hamptonsfashionweek
  • As the summer comes to an end, it’s time to find out what everyone was reading this summer.
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    • Hampton Bays, Ponquogue Beach
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    • Long Island Aquarium | Coral Reef
    • Long Island Aquarium | Penguins
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    • Sag Harbor, Sag Harbor Bay
    • Sag Harbor, Windmill Beach & Bay
    • Shelter Island, South Ferry
    • Southampton, 39A to Montauk Hwy Merge
    • Southampton, Conscience Point Marina
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