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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

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

  • 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 🐚🍤⁠
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🩰 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!⁠
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🎶 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
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An unforgettable day of golf supporting Westhampton Beach PAC 🌟⁠
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👉 Which event are you going to this weekend?⁠
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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
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#commence #brookeshields
  • Although Mavericks has only been open for two years, it has quickly become a Montauk staple beloved by locals and summer vacationers. Under the helm of Executive Chef and Montauk local Jeremy Blutstein, Mavericks stands out in the Hamptons restaurant scene with large-format dishes, sunset views, and an elegant ambiance marked by an exclusive contemporary art collection.⁠
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Hamptons.com caught up with Jeremy to talk about his favorite dish, Mavericks’ menu, and his go-to lunch spot.⁠
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When did you first realize you wanted to be a chef?⁠
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I wouldn’t say there was a defining moment when I knew I wanted to be a chef. I do know that the first time I worked in a restaurant, I was hooked on the whole experience. I was a teenager at The Farmhouse Restaurant in East Hampton (which is now Moby’s). The structure within the chaos was intoxicating, and we had to make everything happen because there was no other option. Thriving in those high-stress environments was like a drug.⁠
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What’s your favorite dish to cook and why?⁠
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I don’t come from a cooking family, so I don’t have any go-to Grandma’s recipes or food traditions. I’ve always been drawn to what’s available at the moment. I grew up with my very dear friend Alex Balsam (from Balsam Farms in Amagansett), who has been obsessed with farming as far back as our 35-year friendship began. He taught me where and who our food comes from. I’m also a big believer in the old “keep it simple stupid” mantra. Honest ingredients seasoned well and cooked with honest intentions. ⁠
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Read the full interview at Hamptons.com (Link in Bio)⁠
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#mavericks #montauk #chef #dining
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