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Happy #HumpDay! The biggest story we’ve currently got in the Hamptons is the weather. One week, everyone is strolling down Main Street in shorts. The next, it’s DEATHLY COLD. In fact, a brief flurry of snowflakes on Monday caused a ripple on social media not seen since pre-Labor Day. C/o The Maidstone inn excitedly proclaimed “It’s snowing in the Hamptons!” while posting this photo on Facebook. The East Hampton Star declared “WINTER HAS FINALLY ARRIVED” as it uploaded this image to Instagram. (We added the ALL CAPs for effect.) Meanwhile in Montauk, advertising agency Blumenfeld & Fleming tweeted: “Snow in #Montauk. #Dogs in the office. #Swamped with #newbusiness. Hello #2016!” Everyone, keep calm and carry on.
The year ahead in real estate
So this is somewhat interesting. The Hamptons.com polled real estate agents about their view for real estate in the Hamptons in the coming year. And it turns out…little houses are doing better than big ones! That’s according to Anthony DeVivio of Hamptons Halstead Property, who noted a dichotomy in the current housing market. If you’re a 1-percent-er looking to buy a Hamptons mansion, you’ll likely get your pick of places, with the ability to negotiate the price downward. But in 2016, if you’re a seller on “the lower end” — i.e., you own a house on the wrong side of the tracks and/or highway — you’ll likely sell quickly, at the price you want. (Bias alert: As little house owners, we’re keen on this news.) Other things potentially neagtively affecting the Hamptons real-estate market: Rising interest rates, the presidential election and, more locally, East Hampton’s Rental Registry Law. Read the full story here.
Extra! Extra! Read all about it
In case you missed it, some Hamptons businesses have been bold-faced names lately. The Old Stove Pub, known for its iconic sign on the side of the highway in Sagoponack, was recently profiled in the New York Times. Bottom line: Order the Spanakopita (along with your steak, which is cooked on a Southbend broiler discontinued in 1976). And a workout by AKT in Motion, a city gym with a location in East Hampton, was just featured in the Wall Street Journal’s “What’s Your Workout?” column. As previously noted, AKT InMotion is located on Railroad Avenue in East Hampton, next to the place we order our chocolate sour-cream muffins. There goes the 2016 workout.
Social Media Quote of the Day
“Cold mornings call for breakfast in bed.” — Gurney’s Montauk Resort & Seawater Spa, as it posted this delectable photo on Facebook. Breakfast, we strongly feel, is the most under-rated meal of the day. Do not argue with us.
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