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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