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Hamptons.com
November 8, 2016

Compass’ Bill Williams On The Hamptons’ Desirability, Wainscott’s Georgica Association, And More

Nicole Barylskiby Nicole Barylski
in Real Estate
Home Real Estate

“I like to work with all different types of buyers and sellers, especially newcomers to the East End and people who like doing projects or investing in real estate,” explained Bill Williams, Licensed Real Estate Salesperson at Compass. “I’m probably less social and more relaxed than some Hamptons agents. I pride myself on knowing the business, not knowing ‘everybody’s business.'”

Real estate wasn’t the 15 year plus veteran’s original forte. “I was a tennis instructor in the city, and I began coming out here in the summers and decided I liked it,” Williams explained. “I live in Wainscott and my office is in East Hampton on Main Street. Some people recognize Compass’ office as the former Tiffany’s store.”

Williams is lucky enough to enjoy the unparalleled Hamptons scenery as part of his daily routine. “I walk my dogs on the beach in Wainscott every morning – it’s my favorite beach and it’s right around the corner from the house,” he noted. “Other than that I am a big fan of Beach Paws grooming (for the dogs not me) and a supporter of ARF Hamptons, the Animal Rescue Fund.” The avid animal activist has teamed up with the Wainscott-based shelter for a new holiday season event. “I’m collaborating with them now for an event November 19th – people can bring their pets into my office for a pet-friendly holiday photo booth and get portraits,” he explained. “There will also be adoptable dogs from ARF!”

If “location” is the first rule in real estate, what is the second? Why?

BW: “Time is of the essence” – it’s one of the most important things to remember and it’s a staple phrase used in contracts. Because of the nature of the business, there’s no guaranteeing that a house, or a buyer, will stick around.

Bill Williams. (Courtesy Photo)

The Hamptons market has the high-end luxury section with homes well over $7 million and the flip side with homes under $500,000, plus all of the great homes in between. Where are the buyers right now?

BW: There are a lot of buyers competing to get “the last deals out east” on the lower end. There is also plenty of activity at the high end, but the volume of both listings and buyers in the middle of the market is highest.

What is your forecast for the summer/fall real estate season in the Hamptons?

BW: I think the post-election market will be more clear-headed. People will move a bit faster than they have been without the election to preoccupy them.

What are the emerging trends in architecture?

BW: I’ve been seeing more indoor/outdoor spaces central to living and entertaining, and fewer formal spaces. People seem to crave design that more honestly reflects their use of the space and lifestyle.

How have buyers/sellers changed over the past two years?

BW: Sellers haven’t changed much. Buyers are less aggressive, more discerning.

When it comes to unique features and amenities, homes in the Hamptons have it all. What are some of your favorites/amenities that really stand out?

BW: I really like houses with saunas for more than ten people, or bowling alleys. Where else will your housekeeper store their bicycle, right?

Which towns/villages are the most sought-after right now?

BW: No market is setting records right now, but Sag Harbor, which has traditionally been slower to grow, has stood out in the last two years with a lot of growth. People are beginning to put more money into renovating and expanding homes there the way they would elsewhere in the Hamptons.

What is so special about the Hamptons real estate market?

BW: Nothing really sets this market apart from others – we have highs and lows like any other location, but because of the price tags and clientele we get more attention. The physical location – being so naturally beautiful with world-class beaches, and so close to New York City, is what makes the Hamptons so desirable.

Tell us about some of your most memorable sales and what made them so. Was it the selling price, location, celebrity buyer?

BW: I’ve done a number of sales in Wainscott’s Georgica Association, but the first was the most memorable. The price was $12.5 million and the clients were great to work with. They ended up being a great source of referrals, and friendship that has lasted years as well.

Tell us about one of your favorite listings on the market right now.

BW: Our Compass team member Ed Petrie has a listing on Old Montauk Highway in Montauk, and it’s the kind of spectacular but thoughtful place that makes you believe that money can be very well spent. The architecture and stylistic choices are simple but bold, warm and human – it just works well, a really innovative use of space but not cold.

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Three East End Students Nominated For The Presidential Scholars Program

Three East End Students Nominated For The Presidential Scholars Program

  • LVIS thrift shops are open Tuesdays through Saturdays 10 AM through 5 PM

donations are accepted Wednesday through Saturday 10 AM through 1 PM by appointment 

located at 95 Main St East Hampton
  • Check out the Top Hamptons Events This Weekend!⁠
⁠
🚗 The Bridge IX⁠
📅 Sat, Sept 13 | 2–7PM⁠
📍 The Bridge, Bridgehampton⁠
Over 300 rare automobiles showcased across stunning landscapes.⁠
⁠
🎬 23rd Annual Surf Movie Night⁠
📅 Fri, Sept 12 | 5:30–9PM⁠
📍 Southampton Arts Center⁠
Surfboard swap, live music & outdoor film screening. 🌊⁠
⁠
🍝 San Gennaro Feast of the Hamptons⁠
📅 Sat, Sept 13 – Sun, Sept 14 | 10AM⁠
📍 Hampton Bays⁠
Italian pastries, live entertainment & fireworks Sat @ 8:15PM 🎆⁠
⁠
🎭 In Process: Roderick George⁠
📅 Sat, Sept 13 | 7PM⁠
📍 Guild Hall, East Hampton⁠
A special in-process presentation of The Missing Fruit (Part I).⁠
⁠
🎤 Sheena Easton at WHBPAC⁠
📅 Sat, Sept 13 | 8PM⁠
📍 Westhampton Beach PAC⁠
Grammy-winning artist live on stage!⁠
⁠
☕ Cars & Coffee⁠
📅 Sun, Sept 14 | 9–11AM⁠
📍 Bridgehampton Museum⁠
Classic & exotic cars, food, drinks & live music.⁠
⁠
🛍 Hampton Vintage⁠
📅 Sun, Sept 14 | 10AM–5PM⁠
📍 Westhampton Beach Village Green⁠
Shop unique vintage finds!⁠
⁠
🎶 Hamptons Festival of Music Finale⁠
📅 Sun, Sept 14 | 4PM⁠
📍 St. Luke’s Church, East Hampton⁠
Featuring Cimarosa, Berlioz & Beethoven.⁠
⁠
🍷 Wine Dinner with Pradorey at R.AIRE⁠
📅 Tues, Sept 16 | 6:30PM⁠
📍 Hampton Bays⁠
Five-course tasting menu with exquisite wine pairings.⁠
⁠
🎥 Toy Story 30th Anniversary Screening⁠
📅 Sept 12–15 | Various Times⁠
📍 Southampton Playhouse⁠
Celebrate Woody & Buzz’s timeless adventure!⁠
⁠
Check out more events at Hamptons.com (Link in Bio)⁠
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#carshow #hamptons #sangennaro #sangennarofeast #winedinner #bridgeIX
  • 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. ⁠
⁠
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. ⁠
⁠
📸: Patrick McMullan/PMC⁠
⁠
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.⁠
⁠
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.⁠
⁠
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 🎻✨⁠
⁠
🌾 Outstanding in the Field (Sagaponack)⁠
📅 Sun, Sept 7 • 3PM⁠
Dine where the food is grown! Guest chef Jason Weiner returns for his 19th year 🍽️🌱⁠
⁠
😂 Samantha Bee Live⁠
📅 Sat, Sept 6 • 8PM⁠
📍 WHBPAC, Westhampton Beach⁠
Award-winning comedian Samantha Bee brings her one-woman show to the Hamptons!⁠
⁠
🍴 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.⁠
⁠
🌕 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 🌙✨⁠
⁠
🎨 Style Beading Workshop⁠
📅 Fri, Sept 5 • 1PM⁠
📍 Nathaniel Rogers House, Bridgehampton⁠
Join Indigenous artist Savannah LeCornu to learn traditional beading techniques.⁠
⁠
⛳ A Legendary Day at Sebonack!⁠
📅 Tues, Sept 9 • 8:30AM–5PM⁠
📍 Sebonack Golf Club, Southampton⁠
An unforgettable day of golf supporting Westhampton Beach PAC 🌟⁠
⁠
👉 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
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