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Hamptons.com
March 11, 2014

Hamptons Rentals: Great Deals In June, Amagansett Dunes Is Hot, Short-Terms Popular

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

When you examine at the rental market across the East End of Long Island, specifically the Hamptons and the North Fork, you can’t help but notice that the 2014 rental season is off to a strong start. This rise in rentals speaks to the overall strength of the market and the recovery of the financial systems. We spoke to professionals on both forks to uncover the trends and the market nuances that make real estate the foremost topic of conversation.

“Each part of our Peconic region has its own wonderful characteristics. Visitors now look at both sides for a great summer getaway,” says Joan Bischoff van Heemskerck, Executive Sales Manager, North Fork and Shelter Island, Town & Country Real Estate. “On the North Fork, better rentals are being taken real fast. Conventional thinking is that a great selling season as we had in 2013 takes many rentals out of the market. Not so in our experience. On the North Fork we traditonally have fewer rentals which are being met with increasing demand because of the farm to table, bucolic lifestyle so many visitors are looking to be part of. South Fork beaches remain a trade-off against North Fork vineyards and farms. T & C is experiencing a hustling and bustling market on both sides.”

Situated on a high point with beautiful views, this gracious home on 2.3 acres offers 6 bedrooms and 7 baths including an attached 2-bedroom carriage house. Listed for a year-round rental with Nancy Grady, Associate Broker, Brown Harris Stevens of the Hamptons, for $195,000. (Courtesy Photo)


Nancy Grady, Associate Broker, Brown Harris Stevens of the Hamptons, says that she’s seeing an “up-tick in pre-season rentals. People are taking May and June and getting a great deal. I even rented my own house for November, December, and January to people who wanted who wanted to spread out over the Holiday Season instead of staying in their apartment. July is also gaining in popularity as opposed to the traditional August.” But when is the best time to rent? Grady explains, “I have always thought that July is the best month and people seem to be discovering that. The days are longer, the weather is better, and everyone is just in a better mood. By August, the crowds and summer burnout set in.”

“More and more, renters want to be close to town, not way out in the woods. Pools and central air conditioning are must-haves. Child-proof pools are important,” Kenneth Meyer, Salesperson, Douglas Elliman says. “Many of our tenants are families. Amagansett Dunes is a number one destination. It is the most affordable ‘walk to the ocean’ location on the South Fork. Montauk has experienced major growth over the last several years.”

Originally built at the turn of century, and once part of the Maidstone Club, this home has been totally modernized and features 4 bedrooms with accompanying 4 bathrooms. Listed for rent by David Zazula, Salesperson, Halstead East Hampton, for he summer season for $395,000. (Courtesy Photo)


David Zazula, Salesperson, Halstead East Hampton, is looking forward to an active rental market this year telling Hamptons.com, “I am receiving calls and emails almost constantly, both from repeat customers and from new customers. So are the owners. I think there will be an increase in the in the longer term or full rental season. Prices are up slightly from last year. Most renters are looking for the usual amenities: central air, heated pool, Wi-Fi, clean, tchotchkes-free, close to town and/or beach, some kind of lawn area, and, if they have children, a child-proof pool is very important.”

“There is virtually no supply of year end rentals under $3,000 a month that are decent,” says veteran real estate agent Martha Gundersen, Associate Broker, Brown Harris Stevens of the Hamptons. “On the high end there are several $200,000 to $400,000 Memorial Day to Labor Day that have been taken. I have a very high rental that has $2 million in décor, art, and furniture. It has been received well. Also, there are many houses that are renewing last year’s leases.”

Built in 2007, this 4 bedroom, 4.5 bath modern home in North Haven is complete with heated gunite pool with spa and tennis court. Listed with Martha Gundersen, Associate Broker, Brown Harris Stevens of the Hamptons, for $200,000 from Memorial Day to Labor Day. (Courtesy Photo)


Shawn Steinmuller, Associate Broker, Nest Seekers International, reported to us a record January in terms of rentals, “Many people renting early and many tenants taking the same house for the season.”

“Landlords and real estate agents tend to prefer Memorial Day to Labor Day rentals, while consumer demand today definitely has a very short-term component – as short as weekends,” says Joan Bischoff van Heemskerck. “Beds & Breakfasts are mostly booked solid. Wedding guests are looking for hyper short-term rentals. In today’s life-style, packing up for the entire summer is for a very few only. Now it is easier to work from your summer residence and the commute is so easy between the North Fork and points west, we see weekenders take full-season rentals and making use of the casual affordability of the North Fork.”

One final thought with respect to children and pools, certificates of occupancy, fair housing laws, and insurance, these are crucial issues about which landlords, tenants, and realtors should seek counsel from appropriate professionals before becoming involved in the rental market.

Magnificent 5 bedroom, 3.5 bath, Post Modern home with pool and a heated hot tub is a short distance to ocean beach and just minutes to the center of East Quogue. Lsite for August with Shawn Steinmuller, Associate Broker, Nest Seekers International, for $25,000. (Courtesy Photo)

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Guild Hall Honors Barbara Walters And Blythe Danner At 29th Annual Academy Of The Arts Lifetime Achievement Awards

  • So many fun events this weekend! ⁠
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📅 Friday, June 6 | 8PM–11:30PM⁠
📍 Ponquogue Beach, 280 Dune Rd, Hampton Bays⁠
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📸 Photo: Rob Rich/SocietyAllure.com ©2024⁠
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🛋️ Decorators-Designers-Dealers (D-D-D) Sale & Auction Benefit Gala⁠
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📍 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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💃 Gipsy Kings Live at Canoe Place⁠
📅 Sunday, June 8 | 7PM⁠
📍 Canoe Place Inn, 239 E Montauk Hwy, Hampton Bays⁠
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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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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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  • 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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Read the interview at Hamptons.com (Link in Bio)⁠
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