By the Numbers
Jump in Hamptons/North Fork home sales in 2013 from previous year. Sales are, however, still down from the boom year of 2007.
Approximate monthly cost of docking a 50-foot yacht in Sag Harbor.
High hopes in the Hamptons Even in the midst of NYC’s blizzard season, East End market begins to warm up
Average monthly rent for a Manhattan apartment in 2013.
The most expensive East End listing currently on the market, the Villa Maria. The 22,000-square foot Southampton house is owned by fashion entrepreneur Vince Camuto.
The sale price of Wooldon Manor in Southampton, which was also owned by Camuto and which closed at the end of 2013. The property was the most expensive home ever sold in the Hamptons. The house sold for $137,000 in 1941.
$1.57 million Average Hamptons’ sales price in 2013’s fourth quarter. By comparison, the average sales price in 2000 was $548,308.
hile the polar vortex put the chill on New York City last month, the Hamptons real estate market was just warming up. “Things are looking pretty good even in the middle of a blizzard. You’re going to see a very, very strong first quarter in the Hamptons market, and through 2014,” said Corcoran Group power broker Susan Breitenbach. Among the recent buyers: Actress Scarlet Johansson, who reportedly plunked down $2.2 million for an Amagansett home, and Fox News commentator Bill O’Reilly, who purchased an historic Montauk home in January, which he plans to replace with a larger one. This month, as New Yorkers are dreaming of summer, The Real Deal looked at what’s happening in the East End market. B y S asha von O ldershausen
New Listing By the Numbers
The amount the priciest Hamptons’ rental is asking from Memorial Day to Labor Day. The 18,000-square-foot home is located on 10 acres in Southampton Village.
Final sale price of a one-foot-wide piece of land that two Manhattan financiers fought over in a bidding war. The minuscule plot offers the exclusive right-of-way to both of their Napeague oceanfront properties. The initial asking price for the plot was $10.
Current cheapest asking price for a house in the Hamptons. The 1,095-square-foot house sits on a 0.09-acre lot.
The price financial mogul Ron Baron paid in 2007 for a 40-acre parcel of land. The purchase was the all-time priciest Hamptons’ land sale.
The price that SAC’s Steve Cohen paid last year for the East Hampton home he’s now looking to unload. The embattled hedge funder also owns another Hamptons’ home valued at $18.5 million.
Price that Hamptons’ developer Joe Farrell rejected to sell his Sandcastle House, which he’s planning to live in with his family instead. In August 2012, music power couple Jay-Z and Beyoncé rented the house for $400,000 for one month. Sources: www.hamptons.com, Sag Harbor Launch + Moorings, MNS, Bloomberg News, The East Hampton Star, New York Times, Curbed, Douglas Elliman, New York Daily News, People, Wall Street Journal, HREO
The Knickerbocker, 308 East 72nd Street | $3,400,000
NIKKI FIELD Senior Global Real Estate Advisor, Associate Broker | 212.606.7669 | firstname.lastname@example.org | www.nikkifield.com East Side Manhattan Brokerage | 38 East 61st Street, New York, NY 10065
Compiled by Yaffi Spodek
Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. 03-14Field.indd 1
26 March 2014 www.TheRealDeal.com
2/21/2014 2:37:23 PM