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Behind the Hedges

East End Real Estate by the Numbers

By Everet Sommers
3 minute 04/16/2014 Share
Hamptons real estate by the numbers
Photo credit: fotoyy/iStock/Hamptons

The most exclusive, and priciest, summer rentals in the Hamptons. Historic documents and modern technology coming together to merge properties past and present. Celebrity homes on the market (and not) and news of a potential new development. We’ve got your number for the real estate topics creating buzz this week on the East End.

0: Chance that Christie Brinkley is putting her Tower Hill Estate in Bridgehampton up for sale, despite rumors to the contrary. “Here we go again…” Brinkley tweeted. “My house, is not on the market.…”

5: Envy-worthy homes on the waterfront, with incredible wine cellars, sporting stunning pools…all showcased in the DansPapers.com Hamptons Real Estate Top 5 right this very minute.

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11: Million dollars Richard Gere has cut the asking price on his North Haven estate, bringing it down to a cool $56 million.

38: Rooms in a new oceanfront building (sporting private verandas and floor-to-ceiling-window views) coming to Gurney’s Inn, part of a multi-tiered renovation plan for the Montauk mainstay.

48: Townhouses proposed for residential development on 6.4 acres in Water Mill currently zoned for office space. An application for a zone change and a full plan are expected shortly and the citizens advisory board reportedly supports the idea—the latest in a series of plans for the property, just east of The Mill retail area, that have been evolving for nearly three decades.

20,000: Historic maps put online by the New York Public Library, including cartographical classics of Bridge Hampton (yes, it was two words on the 1915 map), East Hampton, Southold, Shelter Island and other East End enclaves. Check out digitalcollections.nypl.org, and while you’re there try the map warper tool—you can lay one of the vintage maps over a current representation to see what used to be standing on your property, or the property you’re about to buy.

950,000: Dollars to rent 160 Ox Pasture Road in Southampton for the Memorial-Day-to-Labor-Day season—the top full-season price on the Hamptons rental market.

45,000,000: Dollars to purchase 160 Ox Pasture Road…and eliminate any future worry about finding a summer rental
ever again.

1,000,000: Dollars to rent Joe Farrell’s iconic 31,000-square-foot Sandcastle for either July or August this summer. And why not? This isn’t your ordinary vacation getaway. There’s a half-pipe in the basement, a bowling alley, a movie theater, and Beyoncé and Jay-Z among its summer-rental pedigree.

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