Wednesday, October 08
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The South Fork is dotted with numerous windmills attached to houses—alas, most of them are follies, cutesy facsimiles of the real thing. But in the case of Windmill House in Amagansett, the dwelling really is built in an old windmill that once pumped water to a long ago farm.
After a record year for real estate in the Hamptons in 2014, 2015 is already off to a great start. The rental season looks promising. With a strong stock market, low interest rates, new construction booming, and every hamlet in demand, consumer confidence is high. The Hamptons continue to attract people to its world-class beaches, charming villages, and trendy lifestyle.
Matthew Breitenbach, has left the Corcoran Group to join Douglas Elliman’s Bridgehampton office. At Elliman, he will target properties in the $10 million-and-up range, as well as tap into its new sports and entertainment division.
“Westhampton Beach is the first Hamptons village you come upon when driving east to the Hamptons. WHB is also the place I held my first real job, and my first home away from home. So, when it came time to interview Craig Amodemo, owner and broker of Hamptons Estates Realty, I wanted to be the one, because WHB has always been near and dear to my heart.”
Modern is the go-to architectural style in the Hamptons these days, at least for the uber wealthy. That’s a good thing for Bridgehampton’s Barnes Coy Architects who have been designing sleek abodes for going on three decades. While most Hamptonites were building rambling shingle-style mansions, co-principals of the award-winnning firm, Rob Barnes and Christopher Coy, were focusing on loft-like spaces with vast transparencies that merge the barrier between outdoors and indoors.
Whether he is designing a custom residence, new boutique hotel, or an exclusive line of furniture and textiles, interior designer Campion Platt has one thing on his mind: luxury. “Luxury is about both materiality and context,” he explains, adding, “context might mean creating clear, open spaces within the confines of a Manhattan residence, or selecting opulent finishes – such as leather, resin, or marble – to accentuate spatial forms.
The biggest real estate news is November’s listing of another record-breaking property price... with countless media outlets covering it from the Los Angeles Times to the New York Post. Just ...
“What is going on in the Hamptons real estate market now and what do you see happening in the near future?” 2014 has been, by far, the strongest real estate market we have seen and I see no signs of things slowing. Oceanfront properties are at a premium and there is little inventory.