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Hamptons.com
January 31, 2018

Ahead Of The Curve: An Eye On The Future Of Hamptons Real Estate

Chris HallbyChris Hall
in Real Estate
Home Real Estate

The stock market has begun 2018 in the same fashion it closed last year. One of the realities of the internet is that this article will be online for many years beyond its original publication of January 2018. Therefore, let’s leave any speculation on the future direction of the market to the experts. Monday morning quarterbacks can critique those predications.

Local interest in the stock market often focuses on its impact on the Hamptons real estate market. The correlation between the two is fascinating. In past years when we have had a record setting market, we had seen significant funds move from the stock market to Hamptons real estate. While it’s easy to say “the rich get richer”, the last few decades have proven that our real estate market has ups and downs … and then ups again. Intelligence, patience, and familiarity with the micro-market have always proven to be the key to long term success.

The Hamptons are a strong and safe place to invest if you understand the market. (Photo: Peter Mangiameli and Deerkoski & Arm, DPC.)


Real estate, for the sake of investment, is a game of opportunity. Although luck and market trends provide opportunity, there is no substitute for research and analysis. Peter Mangiameli, developer of luxury homes, combines his decades of building experience with his knowledge of the Hamptons real estate market. “Through our network of realtors and contacts, we have been able to locate unique opportunities for our investors. Remaining ahead of the curve and finding properties before they hit the market is crucial. Knowing the potential value of specific investments and locations that will yield incredible results, is our specific area of expertise. Most recently, we have seen success with a waterfront development in Southampton; returns exceeded even our expectations. We are currently moving forward with other properties that fit our criteria and are expecting even greater success for our company and our investors.”

The new tax bill, estate tax, LLC ownership of properties, and the future of the rental market have been hot topics of discussion amongst real estate brokers, custom home builders, investors and their financial advisors. In December of 2017, The New York Times reports that “The fine print reveals that some will get a much nicer gift than others, the benefits will change over time, and some will be left out in the cold. Real estate developers and technology companies could see big tax cuts…” The impact of the bill will influence the Hamptons market which has provided a high stakes opportunity for decades.

The luxury construction market requires sophisticated design and attention to detail. (Photo: Peter Mangiameli and Deerkoski & Arm, DPC.)


Joshua Frazier is a contributing writer for Forbes Magazine and the CEO at Data Nerds and Estated. Under his byline it reads “Focused on bringing transparency into residential/commercial real estate through data and analytics.” All evidence points to the fact that investing in our own luxury real estate market has become a sport of crunching numbers over and over again. The correct data is most effective when combined with the human elements of judgment and experience.

Most see a bright future for the Hamptons market. However, entering the fray of the luxury real estate market is not for the faint of heart. Mangiameli concluded: “The Hamptons are a strong and safe place to invest if you understand the market within the larger market. The key is to stay disciplined, have a niche and do not deviate from your proven formula of success.”

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Hamptons-Based Animal Shelter Gives Rescues Facing Euthanasia A Second Chance

Hamptons-Based Animal Shelter Gives Rescues Facing Euthanasia A Second Chance

  • “Only the Timeless,” Remembering Iconic Hamptons Architect Myron Goldfinger

Myron Goldfinger, renowned modernist architect, passed away this Summer at 90. Gaining prominence, especially in the Hamptons, for designing weekend escapes and monumental modern estates. Still highly sought-after today, the Goldfinger-designed estate at 43 Sandune Court, Sagaponack, hallmarks and honors the architect’s innumerable gifts. 

Read the full article at Hamptons.com (Link in Bio)
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#hamptons #architect #myrongoldfinger
  • Enjoy the Warmth of Community This Fall at LongHouse

LongHouse Reserve is unbelievably beautiful. Whether you’re here for the summer or visiting from out of town, LongHouse is a must-visit. It’s not just a place for art but a true community hub offering tranquility and a chance to marvel at nature’s wonders. It’s a sanctuary of peace.

This fall, there’s a buzz in the air, thanks to the efforts of LongHouse director Carrie Rebora Barratt, who is a relatively new local herself. She’s been working to create more engaging community events and has extended LongHouse’s open season well into the fall and possibly even the winter. @longhousereserve

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#longhousereserve #longhouse #community #events
  • HIFF Closing Night Showcases Director Bradley Cooper’s MAESTRO

HamptonsFilm announced today the full slate of programming for the 2023 edition of the Hamptons International Festival (HIFF), including the Closing Night presentation of Bradley Cooper’s MAESTRO, additional Signature Programming including “A Conversation with…” Series with Paul Simon, and the full film programming lineup including additional films to screen within the Spotlight section, Documentary and Narrative Competition titles, short film sections, as well as Signature Programs including Views From Long Island; Conflict and Resolution; and Air, Land & Sea. The Festival also announced filmmaker Celine Song will attend the festival for a Special Screening of her latest narrative feature PAST LIVES, and will receive the festival’s Breakthrough Artist Award. @hamptonsfilm

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#bradleycooper #maestro #film #filmscreening #hiff #hamptonsfilmfestival
  • The place is the old Astro’s, and it looks pretty much the same except all the seating is now by the windows, and there are no tables. You can go in for slices, and overall, it’s a pretty typical pizza joint with a more retro vibe. But what’s great about this pizza is that it is thin and has a crispness to it that you don’t get anywhere else in the Hamptons. This means that even if you devour half a pie, you don’t walk away feeling bloated and like death is imminent, but you just feel really full from good pizza.

Everything is fresh, and the overall vibe is trendy. You have to go. I gave it an 8.4. #pizza  #pizzatime  #pizzalover  #hamptons  #finipizza
  • Special Screening of Love…Reconsidered, A Hamptons-Based Romantic Comedy

The Westhampton Beach Performing Arts Center will be hosting a premiere of the film Love…Reconsidered on Saturday, September 30th at 7:00 p.m. in the Mollie Parnis Auditorium. This is the charming romantic comedy starring Sophie von Haselberg, Judy Gold, Marisa Ryan, Elaine Bromka, Luke Gulbranson, and Colton Haynes, set between New York City and Southampton.

Love…Reconsidered is based on Arielle Haller-Silverstone’s true love/life story, and she wrote the screenplay after losing her job during the pandemic where she then moved to the Hamptons. Haller-Silverstone is the co-owner of Le Closet, a curated consignment store, with locations in Southampton and New York City, and she can’t wait to premiere this film at WHBPAC and connect with viewers.

The screening will also include a panel discussion with the filmmakers moderated by Kate Schumacher and Carinn Jade of the well-known podcast Pop Fiction Women. They will dive into the film’s characters and the complicated lives they lead, along with the filmmaking process that brought this movie to life on the screen. Arielle Haller-Silverstone spoke more about her inspiration for the screenplay, her background, and what she is most looking forward to for the screening.

Congratulations on your film Love…Reconsidered. Can you talk about the story behind this film and where your inspiration came from to write the screenplay? 

Arielle Haller-Silverstone: I lost my job during COVID and started Le Closet from my studio apartment in Hell’s Kitchen. On a total whim, my dad knew a broker that knew a broker in Southampton, and I decided to give it a shot. I schlepped all of the clothes from NYC and opened on Windmill Lane (where the store still is today!). I knew there was a script within this story and had to make a movie. @whbpac

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#westhampton #romantic #comedy #screening
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