THE HIGH END TEAR-DOWN

Posted by Leonard Steinberg on October 27th, 2013 A report released recently shows that many houses in the Hampton’s are being torn down again to be replaced by much larger ones, fueled by a very strong high end market. I have often heard buyers of old dilapidated houses wishing they had torn down the old… [Read More]

LUXURY MARKET INDICATOR: HAMPTONS SALES DOUBLE

Home sales in the Hamptons, the beachside resort towns favored by celebrities and Wall Street financiers, more than doubled in the first half of 2010 from a year earlier, according to recent reports. Sales in 15 New York villages and hamlets that make up the Hamptons rose to 923 homes from 433. The dollar volume… [Read More]