Hamptons summer rentals way down amid market uncertainty

Rental demand for ultra-luxury properties in the beach market is down as much as 75 percent this year, according to local brokers, due to economic volatility and poor spring weather. Continue reading

Compass unveils family office division led by Cindy Scholz

Compass Family Office will focus on assisting clients with long-term real estate asset management goals, as well as bridging the gap between brokerage services and institutional advisory. Continue reading

John Lawrence boomerangs to Douglas Elliman from Compass

The 30-plus year real estate vet spent about 15 years during the peak of his career at Douglas Elliman and recently returned after a roughly three-year stint at Compass. His 19-person team is also joining him at Elliman. Continue reading

Dolly Lenz tells agents to ‘stay in your clients’ pants’

Lenz’s point — not to be taken literally — was to be in constant contact with clients and aware of what they do on a day-to-day basis and what they need, all of which impacts how they buy and sell real estate. Continue reading

Hamptons agents Michaela and Paulina Keszler move to Sotheby’s

The mother-daughter duo were leading Hamptons agents for Douglas Elliman before deciding to join Sotheby’s International Realty. In the past 12 months, they jointly closed over $200 million. Continue reading

Compass nabs high-profile NYC agent from Official

Jared Schwadron operates in New York City, the Hamptons and Miami and is the latest get for Compass as it competes to build a roster of top agents in lean times. Continue reading

Bethenny Frankel asks $5.995M for Bridgehampton home

After upgrading to a larger home in Southampton last year, the “RHONY” alum is selling the Bridgehampton property that she has owned since 2013. Continue reading

Hamptons home once owned by Jackie O’s sister asks $120M

The seller of the home once owned by Lee Radziwill is Ann Tenenbaum, venture capital-investor and widow of late private-equity pioneer Thomas H. Lee. The couple rebuilt the property twice. Continue reading

High-end condos, co-ops bright spots for Manhattan in May

The Hamptons luxury market also performed well across both single-family homes and condos, according to Douglas Elliman’s new signed contracts report. Continue reading

The Hamptons embraces monochrome design this summer

Plays on black and white color schemes, both inside and out, seem to be popping up everywhere on listings in the Hamptons this summer. Here’s how a few homes have channeled the trend. Continue reading