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HRES had the pleasure recently of interviewing Pat Petrillo of Sotheby’s International Realty, Southampton. One of the most satisfying parts of her work is the personal relationships that develop with both buyers and sellers.
In an area known for palatial abodes, it’s odd to note that several highend condominium developments are cropping up. Keith Green a broker at Halstead Property and head of sales at the new Harbor’s Edge in Sag Harbor, attributes the trend to the fact that “one baby boomer turns 65 every 7.6 seconds.” Having reached that certain age, the postwar generation no longer wants to be strapped to a typical Hamptons’ house where “it takes 11 to 15 people to maintain it.
This month’s cover property is a beautiful traditional home with a modern twist. We interviewed the builder Nick DeMarco of DeMarco Design & Development and his agent, Matthew Breitenbach of the Corcoran Group.
After a gorgeous and busy summer season in the Hamptons, the real estate market continues to be strong this fall. With activity in all areas of the market, new construction booming, waterfront properties hot, and multiple bidding wars, the fall season is expected to be very dynamic.
HRES had the great pleasure recently to interview Paul Brennan of Douglas Elliman, a seasoned veteran in real estate since 1979. Paul is notably fond of saying, “It’s not about me. It’s about being sensitive to the needs of my clients, whether they’re buying, selling, renting or investing in a property.”
As the summer winds down, a slow down is nowhere in sight for the real estate market in the Hamptons. With interest rates low, prices increasing, and even some bidding wars, the fall season is predicted to be very busy in the Hamptons!