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Hamptons.com
October 23, 2020

A Summer In The Hamptons – 2020!

John A. Viterittiby John A. Viteritti
in Real Estate
Home Real Estate

The onslaught of COVID-19 in the waning days of winter and the advent of spring had ramifications for the towns of Southampton and East Hampton never before experienced, not the least being for the real estate market spurred on by the migrations of people from the city seeking shelter from the deadly virus.

To gain some insights into how this phenomenon has affected conditions in these towns, I interviewed Assemblyman Fred W. Thiele Jr. who represents them in the New York State Assembly.

You have often spoken out on the need for affordable housing in Southampton and East Hampton Towns. Considering the increase in sales and rentals and at costs much greater than in the recent past, how will these new market conditions affect the ability to develop affordable housing?

FT: More than 60% percent of the housing units east of the Shinecock Canal are second homes. The second home industry on the East End has contributed mightily to the tax base of the East End without demanding commensurate government services. Communities with large second home populations have consequently enjoyed lower tax rates than more year-round communities.

Does the ability of the towns to use Community Preservation Fund Tax (CPFT) revenues to purchase vacant land drive up the price of land for affordable housing?

FT: The pandemic has accelerated a trend of second homeowners spending more and more time on the East End. Since March, most residential dwellings on the East End have been occupied full-time as residents escape the city. That is a trend that is expected to continue. The increase in demand for dwellings on the East End has accelerated sales, prices and rentals to record levels in the last six months. CPF funds demonstrate that fact. In the first seven months of 2020, the CPF has generated $61.1 million, the highest for that period in the 21-year history of the program, and 30.6 percent more than 2019.

Can the towns absorb the increase in population with respect to infrastructure, sanitary systems and schools?

FT: There are consequences from this migration to the East. Tumbleweed Tuesday has been cancelled. Most notably, there will be impacts to our schools, transportation, and communications. Many schools are reporting increases in enrollments. Summer traffic may not abate after Labor Day. Poor cell service and Wi-Fi, which is a way of life on crowded summer days, has become an everyday occurrence with the increased population and incidence of people working from home. Government officials will have to address these stresses on essential services. As for affordable housing, it is a long ago disproven myth that the preservation of open space adversely impacts affordable housing. These lands have environmental and infrastructure limitations that make them unsuitable for affordable housing. The greatest adverse impact on affordable housing has been the demand for second homes that competes with the need of local families to purchase a first home. 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. The current demand of city residents for dwellings on the East End will only exacerbate that market impact.

What is the status of your proposal to use a percentage of the CPFT for the development of affordable housing?

FT: We continue to pursue the state authorization to create a Peconic Bay Community Housing Fund. The fund would be financed by an extra 0.5 percent transfer tax coupled with an increase in the exemption for the transfer tax from $250,000 to $400,000. The combined impact of those two changes would generate more than $20 million for the production of affordable housing, while cutting the transfer tax for all transactions under $1 million. The bill passed the State Legislature, but was vetoed in December 2019. The governor has requested additional information from the towns. Unfortunately, these efforts were sidetracked in early 2020 by COVID-19. Work on the bill is again proceeding with hopes of passing the legislation in 2021.

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LOCAL EVENTS

Events

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Family Farm Feeding at The Green School

June 7 @ 10:00 AM - June 7 @ 12:00 PM
287 Merchants Path, Sagaponack, NY 11962
07
Jun
07
Jun
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21
Jun

Hamptons Sculpture SIGHTS

June 7 @ 11:00 AM - June 21 @ 04:30 AM
Southampton Arts Center & The Bridgegardens
07
Jun
07
Jun
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07
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Mini-Whale Making Workshop with UpSculpt

June 7 @ 12:00 PM - June 7 @ 04:00 PM
2539 Montauk Highway, Bridgehampton, NY 11932
07
Jun
07
Jun
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07
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Amalfi’s Waterfront Party Series

June 7 @ 03:00 PM - June 7 @ 10:00 PM
Amalfi, 32 Lighthouse Rd, Hampton Bays, NY
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Jun
07
Jun
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07
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Decorators-Designers-Dealers (D-D-D) Sale and Auction Benefit Gala

June 7 @ 04:00 PM - June 7 @ 07:30 PM
36 Barkers Island Road, Southampton
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Hamptons Halloween Jack-o’-Lantern Contests, Trivia Nights, Virtual Performances And Other Celebrations

Hamptons Halloween Jack-o'-Lantern Contests, Trivia Nights, Virtual Performances And Other Celebrations

  • So many fun events this weekend! ⁠
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Check out the top Hamptons events this weekend!⁠
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🎸 22nd Annual Battle of the Bands⁠
📅 Friday, June 6 | 8PM–11:30PM⁠
📍 Ponquogue Beach, 280 Dune Rd, Hampton Bays⁠
🎶 Five local high school bands compete for great prizes!⁠
📸 Photo: Rob Rich/SocietyAllure.com ©2024⁠
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🛋️ Decorators-Designers-Dealers (D-D-D) Sale & Auction Benefit Gala⁠
📅 Saturday, June 7 | 4PM⁠
📍 36 Barkers Island Rd, Southampton⁠
✨ Silent & wine auctions + high-end home furnishings amid a summer cocktail party.⁠
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🎨 Magical Thinking Exhibition⁠
📅 Saturday, June 7 | 6PM⁠
📍 Keyes Art, 45 Main St, Sag Harbor⁠
🌌 A stunning show exploring the extraordinary through realism.⁠
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🌅 Second Annual Sunset Soirée for Brain Cancer⁠
📅 Saturday, June 7 | 5PM–9PM⁠
📍 Private Estate, East Hampton⁠
💜 Enjoy sunset views and raise awareness for an important cause.⁠
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🐋 Mini-Whale Workshop with UpSculpt⁠
📅 Saturday, June 7 | 12PM–4PM⁠
📍 Bridgehampton Museum, 2539 Montauk Hwy⁠
♻️ Transform marine debris into art while learning about conservation and local history.⁠
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🎧 Amalfi’s Waterfront Party Series⁠
📅 Saturday, June 7 | 3PM–10PM⁠
📍 Amalfi, 32 Lighthouse Rd, Hampton Bays⁠
🍸 Food, cocktails, and DJ sets with a waterfront view.⁠
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🎬 Tony Gilroy In Conversation⁠
📅 Sunday, June 8 | 2PM⁠
📍 Southampton Playhouse, 43 Hill St⁠
🎥 A deep dive into the filmmaker’s suspenseful storytelling—including Andor.⁠
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💃 Gipsy Kings Live at Canoe Place⁠
📅 Sunday, June 8 | 7PM⁠
📍 Canoe Place Inn, 239 E Montauk Hwy, Hampton Bays⁠
🎶 End your weekend with legendary music and energy!⁠
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🌟 Tony Awards Screening & Red Carpet at Guild Hall⁠
📅 Sunday, June 8 | 8PM⁠
📍 Guild Hall, 158 Main St, East Hampton⁠
🎭 Watch the 78th Tony Awards LIVE from Radio City in red carpet style!⁠
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#hamptonsevents #battleofthebands #tonyawards #eastendart #hamptonssummer2025 #livemusic #artexhibition #fundraiserevent #guildhall #canoeplace #sagharbor #easthampton #southampton #hamptonbays
  • 7 Lee Lane, Wainscott, NY 11975⁠
Saunders Exclusive: $8,875,000⁠
@hamptonsrealestate⁠
@vinceinthehamptons⁠
@paramountdevelopmentgroup⁠
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Ready for immediate occupancy and fully furnished. Stunning new construction from renowned Hamptons Paramount Development Group, South of the Highway in Wainscott.⁠
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Sited on a flag lot off the end of a cul-de-sac and surrounded by scenic easement, this brand-new home has 7,366 +/- sq. ft. of living space on 3 levels with 7 bedrooms, 7.5 baths, an attached 2-car garage, and heated saltwater pool with an optional pool house.⁠
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Seamless luxury inside and out is woven together for enviable entertaining and everyday, effortless comfort. Interiors are bright and inviting, filled with natural light throughout the contemporary open-concept floorplan.⁠
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The elevated primary suite has its own private balcony and a luxe bath. Additional bedrooms are spacious and comfortable, sure to impress your friends and guests.⁠
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Ready for everyday luxury living, the finished lower level includes a home gym, 2 bedrooms, a full bath, a recreation room, and sauna.⁠
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Easy indoor-outdoor living awaits as you dine al fresco in the backyard with an outdoor kitchen, lounge in the sun by the 20’x40′ heated, saltwater pool and wash off after a day at the beach with an outdoor shower.⁠
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Positioned perfectly just off the iconic Georgica Pond and surrounding estates, plus the world-class ocean beaches and the countless charms of Wainscott Village.⁠
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#newconstruction #hamptons #luxuryrealestate #wainscott #hamptonsrealestate
  • The reopening of the Sunset Theater marks a new chapter for a historically cherished cultural venue in Westhampton Beach, originally built in 1927. After what Founder and Managing Director Inge Debyser described as an extensive three-year renovation, the beloved movie theater officially reopened its doors at 2 Brook Road on Friday, April 25.⁠
@sunset.theater.whb⁠
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Read the full article at Hamptons.com (Link in Bio)⁠
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#sunsettheater #hamptons #westhamptonbeach #movies #film
  • Kicking off Memorial Day weekend, The HUB—short for Health, Unity, and Beauty—launched its summer season with an impressive soirée on Friday. ⁠
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Founders Michael Catalano and Toni DeMauro, along with creative and event leads Alex Vinash and Billy Folchetti, welcomed 300 Hamptonites into the magic of their bold new project.⁠
@hub_hamptons⁠
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Check out the full gallery at Hamptons.com (Link in Bio)⁠
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📸: Rob Rich/SocietyAllure.com⁠
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#hamptons #thehub #fashion #recreation #bridgehampton
  • Check out the Top Hamptons Events This Weekend!⁠
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🍻 Back to the Bays x Kidd Squid: Brew for the Bay Release Party!⁠
📅 Friday, May 30, 2025⁠
🕓 5pm
📍 Kidd Squid Brewery, 11 Spring St, Sag Harbor, NY⁠
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Join us as we toast to conservation! 🌊🍺 Proceeds support marine restoration through @ccemarine Back to the Bays Initiative.⁠
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🔗 [Click Link in Bio for Event Info]⁠
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🎶 Sunset Serenades: A Hamptons Summer Celebration⁠
📅 Fri, May 30th -31st
🕖 7pm⁠
📍 Various Hamptons Venues⁠
⁠
An intimate concert featuring TH·FM’s Salon Orchestra, soprano Greer Lyle & more — conducted by Logan Souther. 🌅🎻⁠
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🔗 [Click Link in Bio for Event Info]⁠
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🏆 Celebrate Local Legends: Howard & Kenny Wood⁠
📅 Fri, May 30, 2025⁠
🕔 5pm⁠
📍 The Clubhouse, 174 Daniels Hole Rd, East Hampton, NY⁠
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Join the party honoring Suffolk County Hall of Fame icons! 🎉⁠
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🔗 [Click Link in Bio for Event Info]⁠
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🍍 Talkhouse Encore Launch Party⁠
📅 Sat, May 31, 2025⁠
🕒 3pm – 6pm⁠
📍 The Stephen Talkhouse, Amagansett, NY⁠
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FREE entry, tequila pineapple cocktails, music, bites & giveaways! 🍹🎶⁠
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🔗 [Click Link in Bio for Event Info]⁠
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🧱 CMEE’s 8th Annual Block Party⁠
📅 Sat, May 31, 2025⁠
🕙 10am – 12pm⁠
📍 CMEE, Bridgehampton, NY⁠
⁠
A FREE morning of crafts, rockets, chalk art & summer camp samplings! 👧🧒🎨⁠
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🔗 [Click Link in Bio for Event Info]⁠
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😂 Saturday Night Comedy at Sticks X Stones⁠
📅 Sat, May 31, 2025⁠
🕗 8pm⁠
📍 Sticks and Stones Comedy Club, Southampton, NY⁠
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NYC’s top comedy club talent hits the Hamptons! 🎤🤣⁠
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🔗 [Click Link in Bio for Event Info]⁠
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🎬 Sunset Theater: Karate Kid: Legends⁠
📅 Opens Fri, May 30, 2025⁠
🕐 Various Times⁠
📍 Sunset Theater, Westhampton Beach, NY⁠
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Don’t miss the latest chapter in the Karate Kid saga! 🥋⁠
⁠
🔗 [Click Link in Bio for Event Info]⁠
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🍰 Afternoon Tea at The Baker House 1650⁠
📅 Sun, June 1, 2025⁠
🕝 1:30pm – 4pm⁠
📍 181 Main St, East Hampton, NY⁠
⁠
Enjoy champagne, sweets & elegant tea service in a historic setting. ☕🍾⁠
⁠
🔗 [Click Link in Bio for Event Info]⁠
⁠
Check out more events at Hamptons.com⁠
⁠
#hamptons #weekend⁠
  • Nearly two years after its debut, El Verano offers a taste of upscale Mexican cuisine in a setting inspired by the charm of vacation summer homes in Mexico. Customers enter a vibrant space filled with beautiful greenery and colorful decor as they enjoy dishes rooted in the heritage of acclaimed chef Julian Medina.⁠
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Medina grew up in Mexico City, where his love for cooking first began. In pursuit of his career, he moved to New York City, where he graduated from the French Culinary Institute. Noticing a lack of refined Mexican dining in Southampton, Medina created El Verano to bring the bold flavors of his roots to the area. Blending Mexican coastal charm with rich culinary traditions, El Verano brings something new to the Southampton dining scene.⁠
⁠
Medina shared some of his signature dishes, journey through the cooking field, and highlighted El Verano’s fresh and locally sourced ingredients that shape each creation.⁠
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Read the interview at Hamptons.com (Link in Bio)⁠
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#elverano #dining #southampton #mexicancuisine
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