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Corcoran Consolidates East Hampton Offices

One month after closing two East End offices, Corcoran is now consolidating its two Main Street offices in East Hampton.

The Surf Lodge in Montauk Opens for the Season on May 15

Summer is officially upon us: the Montauk Surf Lodge will be opening for business starting on May 15th. The Hamptons hotspot has been accepting rezzies since April 15th, and…

23% drop in prices of Hamptons homes
New York Daily News – New York,NY,USA
HOME PRICES in the Hamptons, the oceanside playground for the rich and famous, are plummeting. The financial crisis that fueled 23000 lost jobs on Wall

In Southampton Epley, McGann And Robinson Make Bids For Third Terms
Hamptons.com – Southampton,NY,USA
“Twelve years ago, the Hampton Road firehouse was inadequate,” Robinson offered, explaining that improvements have still not been made.

Have the Hamptons lost their cachet?

The Real Deal, New York, NY

Hamptons Home Prices Plummet 23% as Summer Home Demand Cools
Bloomberg – USA
By Oshrat Carmiel April 23 (Bloomberg) — Home prices in the Hamptons, the oceanside getaway of celebrities and Wall Street financiers, plummeted in the

Hamptons, North Fork median home prices fall
Newsday – Long Island,NY,USA
BY ELLEN YAN | ellen.yan@newsday.com Hamptons and North Fork median home prices this year saw the biggest quarterly drops since a Manhattan-based appraiser

EECO Farm Offers Prime Loam For The Veggie Grower In Your House
Hamptons.com – Southampton,NY,USA
East Hampton – Most people have probably entertained the idea of starting a garden and growing their own vegetables at some point or another,

Tale Of Gin Lane Wall Stands Tall As Bricks Cave To Time
Hamptons.com – Southampton,NY,USA
According to the 2007 book “Houses of the Hamptons,” – an illustrated history of Hamptons’ estates from 1880 to 1930 written by Gary Lawrance and Anne

From Newsday.com Real LI Blog

Another house on Meadow Lane in Southampton has sold for an impressive price.

Public records show that a six-bedroom, 7-½-bath home owned by John and Lauren Veronis fetched $27 million recently. The sale was recorded Jan. 2.

Veronis is co-founder and managing partner of Veronis Suhler Stevenson, an independent media merchant bank. He also founded the magazine Psychology Today, and was once editor of Ladies Home Journal. Lauren Veronis is a philanthropist and socialite who is also the mother of newswoman Perri Peltz.

According to records, the couple purchased the 1.95-acre property in 2002 for $3.7 million from infomercial king Ira Smolev.

Seems like oceanfront property on Meadow Lane is a very good investment. In 2007, 7.5 acres of vacant land sold for $35 million, and media executive Robert F.X. Sillerman paid $30.5 million for a home next door to the one he already owns. Howard Stern and then-fiancee Beth Ostrosky also reportedly paid $1 million to rent a home on Meadow Lane for a year.

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