No Sign Home-Price Falls Ending  – WSJ

Home prices continued their multiyear tumble, as the S&P Case-Shiller national index posted a 19% drop in the first quarter. Consumer confidence rebounded strongly in May.

Hamptons beaches make list of best in the US
Newsday – Long Island,NY,USA
Two Hamptons beaches have made it on to Dr. Beaches’ (akacoastal expert Dr. Stephen P. Leatherman’s) list of the top 10 beaches in the United States.


Ex-Lehman President Joe Gregory Slashes Price On Hamptons Mansion
The Business Insider – New York,NY,USA
After trying to dump his Bridgehampton crib for more than a year, Joe Gregory is finally caving on price. Now it’s yours for $27.9 million.


As the East Hampton Town Board grapples with a projected shortfall of $4.1 million, the council member’s are identifying ways to plug the gap without incurring long-term damage to the township. One solution, sell town land and equipment. Across the board budget cuts also being considered.


Nice House, Big Loan

Some midlife crises are more expensive than others.