Quiet Americans
Financial Times – London,England,UK
“The auction jolted the system in the Hamptons,” he says. “You had people talking about real estate again.” But when will talking lead to buying in earnest …

A Time to Grieve: Assessments Up, Despite Market
The Sag Harbor Express – Sag Harbor,New York,USA
Deyermond contends the town must comply with state law, which dictates that properties be assessed based on the real estate market conditions as of July 1, …

Dreier’s homes hit auction block
Crain’s New York Business – New York,NY,USA
The disgraced lawyer’s properties in the Hamptons and in midtown are slated to be sold by David R. Maltz & Co. next month. Three residential properties …

Surge in Underwater Mortgages Forces Obama Administration to …
Money Morning – USA
About 90 homes began the foreclosure process in the towns of East Hampton and Southampton in the first 10 weeks of 2009, according to the Real Estate Report …

Rental Market Finally Picks Up
East Hampton Star – NY, USA
Agents are reportedly working hard for their money, hauling potential renters around and haggling with landlords, many of whom refuse to budge on prices already discounted in anticipation of a rough rental season…

County Exec signs off on Boys and Girls Harbor purchase
27east.com – Southampton,NY,USA
According to Deputy County Executive Chris Kent, the contract has been forwarded to the county’s real estate office, which will in turn deliver the contract …

Openings: Surf Lodge, Fishbar, c/o The Maidenstone
Newsday – Long Island,NY,USA
Summer is right around the corner and notices of impending restaurant and club openings in the Hamptons and Montauk are trickling in. …

Sunday Real Estate Round-Up, 05/03/09
Luxist – Santa Monica,CA,USA
–via the NY Post, ghree of disgraced lawyer Marc Dreier’s Hamptons homes are about to hit the market. –Lisa Bonder Kerkorian, the ex-wife of billionaire …

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