Real Estate News

Sag Harbor’s Watchcase to Be Completed This Fall

History is reborn at Sag Harbor’s Watchcase condominium complex, slated for a fall 2014 completion.

The complex is the result of more than seven years of careful planning with a team of architects, builders, craftsman, landscapers, marketing representatives and realty experts—tapping into a new and unique Hamptons market.

Cape Advisors, the project developers, have repurposed original materials and historic designs into a modern-day luxury residential property. “We will be releasing 28 more units available for purchase as of this June,” says David Kronman, a partner with Cape Advisors. “The new units will feature a selection of penthouse, townhome and bungalow properties. To date, Corcoran Sunshine has sold 75% of the 64 units and, I anticipate by summer’s end that they will all be spoken for.”

Under the guidance of renowned landscape architects and planners Quennell Rothschild & Partners LLP, Watchcase will be transformed, on the outside, into an elegant and natural, park-like setting.

Showings are available through Corcoran Sunshine. “We like to make sure our model unit is fully lit at all times to encourage anyone who walks by the Watchcase Factory to get a closer look,” says Cee Scott Brown, Lead Sales Agent of the Watchcase with Corcoran Sunshine.

No two units are alike, each boasting stylish designs and intricate layouts. “Beyer Blinder Belle Architects and Baldassano Architecture really put a lot of careful thought and planning into the arrangement of each residence. Some buyers decided to purchase their units after simply looking at floor plans,” Brown says.

The demographic of new homeowners include a range of all age groups with a mix of theater people, empty nesters, full- and part-time residents and summer vacationers. “Being part of the rebirth of a factory building has a certain hip factor,” Brown says . “With 1,000 windows, there are panoramic views from each vantage point, from Sag Harbor’s charming historic Main Street to the waterfront views of the village’s harbor.”

This June, potential buyers can choose from a selection of three- to six-bedroom townhome and penthouse designs. Also available will be seven one– and two–bedroom bungalows that will first be offered to the new owners of townhome units to use as extra space or a guesthouse.

“We continue to have our weekly planning board meetings on site to discuss possible neighborhood issues, project updates and building progress,” says Kronman.

Throughout the summer, Watchcase will host a wide array of events, including the second annual Holiday House Hamptons Designer Showhouse, a fundraiser for The Breast Cancer Research Foundation. Renowned interior designers will transform various spaces within three Watchcase units—a loft residence, bungalow and a multi-level townhouse—into an original, holiday-inspired space. Holiday House Hamptons will hold an opening night gala at Watchcase on June 28. The showhouse will be open to the public from June 29 through August 10. Admission is $35, with proceeds benefitting the Breast Cancer Research Foundation.

For more information or to make an appointment for a Watchcase showing, call 631-725-7200 or visit Ask for Cee Scott Brown or Jack Pearson of Corcoran Sunshine. 

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