Home & Garden 2013

Home & Garden The Independent

May 2013

Independent / Courtesy M. Wein Realty

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Shelter Island Water Front Estate on Coecles Harbor

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sans. This 7.6 acre property features, gym, spa treatment rooms, tennis, squash court, water side heated gunite pool and separate spa with seating deck.

ffered for the first time, this exclusively private 23,000+ sq. ft. waterfront estate sited SW on a crescent knoll, above the FEMA flood plane, with views over Coecles Harbor from most rooms. Exquisite he sweeping lawn details including regradually slopes down claimed antique stone, to the private beach eight fireplaces, white and deep water dock oak baked floors, plasprotected by bulk headtered walls, murals, ceiling and wood finishes all ing. Offered Co-Exclusively. Call for details and apexecuted by a team of world-class European arti- pointment can follow.

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Real Estate Market Heating Up – Really

By Rick Murphy

Forget the hyperbole – numbers don’t lie.

Slowly but surely, the Hamptons real estate market is getting healthier.

Yes, there are fewer mega-million dollar sales, and yes, there are a lot of houses still listed at the low end of the market. The good news, experts said, is inventory is decreasing and buyers are looking.

First quarter sales were flat, but there is a reason for that. According to the Elliman report, there were “a record number of sales in the 4th quarter [of 2012] fueled by many high-end buyers rushing to close before the end of the year.”

The reason was that the Mortgage Tax Relief Act was set to expire at midnight on December 2012, meaning sellers who got in under the deadline saved significant amounts in property gains taxes.

Despite a sluggish first quarter, though, Elliman noted listing inventories fell 4.9 percent from a year earlier – traditionally, as listings dry up prices begin to rise – the classic case of supply and demand.

A c c ordin g t o t h e Tow n & Country quarterly report, though first quarter numbers sagged, “all eight Town & Country offices and associates are busier than in six years. This will result in sales that will be closed and reported over the next two quarters.”

There were some big tickets that changed hands in the first quarter, the trophy transfer in Amagansett wa s 2 1 9 M a r i n e B o u l e va r d .

According to Jason Schommer of Corcoran, the property was listed for $6.3 million and sold for $4.75.

In Bridgehampton, 80 Sam’s Creek Road sold for $11 million, 139 Surfside Drive went for $10.65, and 228 Meadowlark Lane sold for $11.1 million. The top dog, though was a house at 679 Ocean Road, which was listed for $32.5 million but sold for $20.25 million.

The biggest deal of the first quarter in 2013 in East Hampton was 20 Drew Lane, listed at $29 million. It sold for relatively close to its asking price -- $24.65 million.

In Montauk, 153 Deforest Road was listed for $6.995 million – and that’s what it sold for.

In North Haven, a property at 14 On The Bluffs sold for $10.5 million, the largest first quarter sale in that village. In Sagaponack, a property at 129 Parsonage Lane sold for a tidy $15 million. But the honors for the highest sale went to a house at 250

folks who six years ago couldn’t Main Road -- $17.5 million.

One result of the downturn in even dream of owning a house.

There were six sales in eight prices since the Golden Era peaked A house on Deerfield Lane went figures in Southampton, the largest in 2008 is that there have been some for a very affordable being 85 and 95 Down East Lane -- $25 million.

The biggest deal of the first quarter in 2013 was $433,334; a house on Will Curl Highway in A house on 466 Gin Lane, East Hampton changed listed at $26.5 million, 20 Drew Lane, listed at $29 million. It sold for hands for $375,000. changed hands for $21.6 million. On Meadow Lane, relatively close to its asking price -- $24.65 million. I n S a g H a r b o r , 6 6 Meredith Avenue sold number 1730 sold for $22 for $375,000, and in million.

Southampton 19 Hillside Road In Wainscott, 112 Beach Lane real bargains to be had, and the low transferred for $220,000. listed for $15 million and sold for end market became affordable for that amount.

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NestSeekers.com Global Brokers Local Markets

GLOBAL BROKERS MARKTING YOUR PROPERTY WOLDWIDE Sue Larsen

Natasha Phillips

Always attentive, Sue is not only generous with her time, she is unpretentious and down to earth, qualities that people are naturally drawn to. With her knowledge of the market inventory and keen designer eye, she is committed to showing and explaining every option to prospective buyers and sellers; leaving no stone unturned when helping them to realize their dreams. Sue makes them feel comfortable with the process, and confident in making the right decisions. From cottage rentals to luxury sales you are in capable, extremely focused, and dedicated hands.

Finding a suitable home can be challenging. Natasha welcomes all her customers and clients alike, specializing in Russian customers and clients who come to the Hamptons to find their new home. Answering questions about living and renting in the Hamptons, familiarizing customers with areas, and suggesting options, which would work best are some of her best skills.

Founded on a passion for property, integrity and genuine hard work, Natasha is driven to deliver excellent results.

These strengths set her apart from her peers and make her a valuable asset in fulfilling your real estate needs. Найти новый дом иногда бывает не просто. Наташа- первый агент по недвижимости, который специализируется на работе с русскими клиентами,заинтересованными в недвижимости в Хэмптонс. Наташа всегда рада ответить на любые вопросы по поводу покупки, аренды, а также выгодных сделок.

SOUTH OF THE HIGHWAY CONTEMPOARY WAINSCOTT $1,550,000 This 3 bed redesigned contemporary by architect Frank Hollenbeck has plenty of open rooms with fireplace, kitchen/dining area. Large private yard with over an acre of privacy which includes decking and pool. Minutes to Wainscott shops and Jitney.

Web # 62864

‘THE POLO CLUB’ UNIT A1 SOUTHAMPTON VILLAGE $1,395,000 Imagine a home not only defined by sophisticated style and luxurious finishes, but located in one of most exclusive destinations. 4 beds, 4.5 baths and 2,146 SF of complete luxury. Steps to all Village's amenities. Web # 58171.

VILLAGE ESTATE EAST HAMPTON This 5 bed home has a master suite with bath and 3 additional en suite guest rooms. Outdoor patio overlooks a heated pool and guest house with private bed and bath. Minutes to the beach. MD – LD $135,000. Web # 61902.

SPECTACULAR VIEWS AND GREAT LOCATION SOUTHAMPTON

Sue Larsen Licensed Real Estate Salesperson 631.484.5079

1,000,000 House sits on just under an acre and consists of 4 beds, 4 baths, approximately 2,100-SF of living space with a garage, a heated pool, rooftop terrace overlooking the bay and ocean, and lushly landscaped grounds with mature pine-trees. Web # 62387.

Natasha Phillips Licensed Real Estate Salesperson 631.702.3055

EASTSIDE

(212) 252 8 7 7 2 415 Madison Avenue New York NY 10017

EAST HAMPTON (631) 324 1050 75 Main Street EastHampton NY

WESTSIDE

(646) 443 3715 100 Riverside Blvd.

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WATER MILL

(631) 353-0347 688 Montauk Highway Water Mill NY

MIDTOWN

(212) 252 8772 20 East 49th Street New York NY

BRIDGEHAMPTON

(631) 353 3427 2397 Montauk Highway Bridgehampton, NY

VILLAGE

(646) 443 3755 55 Christopher Street New York NY

SOUTHAMPTON (631) 287 9260 20 Main Street Southampton NY

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GLOBAL BROKERS MARKTING YOUR PROPERTY WOLDWIDE Joanne Kane

Alex Piccirillo

Joanne Kane and Nest Seekers International, keeping with their cutting edge of ideas, noticed that in The Hamptons, unlike the City, there is no Buyers Representative. UNTIL NOW! Joanne G. Kane, Senior Associate Broker of Nest Seekers International saw this void. Working with buyers from the city, I was constantly being asked…who represents me? Now I say I do! I am committed to being a Buyer’s Broker Representative. Legally representing you the buyer and your best interest, but be fair and honest to all As a Buyer’s Broker my CLIENTS are afforded the comfort in knowing that I AM REPRESENTING THEIR INTERST ONLY. My fiduciary responsibilities are to them, the buyer.

In todays’ changing market, a buyer’s broker is essential. Why would you sign away your rights to be represented in perhaps one of the biggest business deals of your life. My goal is not just to find you a home but to advise, consult and guide you every step of the way, from start to closing.

Remember that unless you specifically employ a broker to work for you by signing a buyer agency disclosure form, all brokers and salespeople represent the selling side.

A longtime resident, builder and landlord on the East End with established working relationships with related real estate and trade professionals. A successful record of development and sales provides Alex with the experience of the purchase and sell process from launch to closing. Rest assured you will be working with one who has been there and done that.

MULTI USE COMMERCIAL, JOBS LANE, SOUTHAMPTON VILLAGE $4,600,000 Eight retail/ office units, fully rented on jobs lane, Southampton Village $24,3200/ mo. Rent with 6.9 cap. Potential for expansion. Web # 44859

AMAGANSET ACRE SOLD Wooded acre in fabulous location has 3 beds, 2 bath house. The property screams for improvement in its surroundings of beautiful homes. A well placed acre in Amagansett is not easy to find!

Alex Piccirillo Licensed Associate Real Estate Broker 516.313.1110

EASTSIDE

(212) 252 8772 415 Madison Avenue New York NY 10017

EAST HAMPTON (631) 324 1050 75 Main Street EastHampton NY

WESTSIDE

(646) 443 3715 100 Riverside Blvd.

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WATER MILL

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MIDTOWN

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VILLAGE

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$4,200,000 Prime Location and Multi-Use building on Hampton Road, Southampton Village has two eateries and two apartments above. Heavy foot traffic. Web # 56633

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Joanne Kane - Buyer’s Broker Licensed Associate Real Estate Broker 631.873.5999

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TRIBECA

(646) 443 3739 156 Reade Street New York NY

MIAMI

(305) 531 7200 1111 Lincoln Road M i aN mYi . F L

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(718) 707 0200 47-44 Vernon Blvd.

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PREMIER SOUTHAMPTON VILLAGE OCEANFRONT

IN CONTRACT AMAZING WATERFRONT PROPERTY NORTH HAVEN

$12,950,000 Own a piece of history. 3 story 'Summer Cottage' 10 beds, 8.5 baths, 4 fireplaces with original mantels, formal dining, many porches including a 'sleeping porch'. Web # 57386.

$6,990,000 6 bed, 5.5 bath home with all amenities.

Media room, 3-car garage, heated infinity gunite pool, hot tub, pool house, and outdoor grill, all overlooking Noyac Bay. Web # 57325.

$6,250,000 Newly constructed. 5,500 SF. 6 beds, 6.5 baths, full theatre with reclining chairs, gym, billiard room with full bar. Pool house with bedroom and full bath, heated gunite pool. Web # 56777.

Carl Nigro 631.404.8633

Laura Nigro 516.885.4509

WATER MILL WONDER

IN CONTRACT PRE-CONSTRUCTION HOME SOUTHAMPTON VILLAGE

Laura Nigro 516.885.4509

EIGHT BEDROOMS ON 5.2 ACRES WITH POOL AND TENNIS IN WATER MILL $4,995,000 6,500 SF. 8 en-suite beds, 2 living rooms a formal living room, media and game room, wet bar and lower level bedroom . Gunite pool, spa pool and all weather tennis court. Web # 37359.

$5,995,000 8,000 SF Green Construction on 2.30 Acres. 6 beds, 4.5 baths. Stone Patio, Outside Fireplace and 30'x60' Salt Water Gunite Pool and Spa. All Weather Tennis with Full Basketball Court.

Owner/Builder's Own Custom Home. Web# 72589.

Geoff Gifkins 516.429.6927

Marcy Braun 516.375.6146

NORTHWEST MASTERPIECE EAST HAMPTON

5 BED SOUTHAMPTON VILLAGE TRADITIONAL

$3,895,000 Post Modern with 7 beds, 7.5 baths, 4 masonry & 2 gas fireplaces, heated in-ground pool, future wine cellar, movie theater & steam room.

Web # 63197.

$4,200,000 located on 0.60 acres 5 beds, 4.5 baths, 4,400 SF. 20 x 40 heated gunite pool, pool house with kitchen, full bath, living room, shaded veranda and attached garage. Web # 48611.

John Brady 631.294.4216

EASTSIDE

(212) 252 8772 415 Madison Avenue New York NY 10017

Nicholas Amato 516.680.1759

WESTSIDE

(646) 443 3715 100 Riverside Blvd.

New York NY

MIDTOWN

(212) 252 8772 20 East 49th Street New York NY

VILLAGE

(646) 443 3755 55 Christopher Street New York NY

STUNNING SOUTHAMPTON VILLAGE HOME

$5,400,000 Traditional 9,816 SF. 6 beds, 6 and 2 half baths,finished basement, in-ground heated 50x20 gunite pool, pool house, and Geo-Thermal HVAC, you name it this home will have it. This deal will not last, price is set to rise as project nears completion.

Web # 59141.

Nicholas Amato 516.680.1759

EAST HAMPTON, 2+ PRIVATE ACRES, 6 BEDS, 4.5 BATHS, TENNIS. $3,500,000 Lush landscaping surrounds a 20 x 40 pool situated in full sun. 5,000 SF, pure privacy!

Web # 55794.

Alex Piccirillo 516.313.1110.

Sara Butler 516.848.4485

TRIBECA

(646) 443 3739 156 Reade Street New York NY

L.I.C.

(718) 707 0200 47-44 Vernon Blvd.

L.I.C. NY

WILLIAMSBURG

(718) 302 0900 578 Driggs Avenue Brooklyn NY

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SOUTHAMPTON BAYFRONT TRADITIONAL $2,895,000 3 beds, 2 baths, plus full bath in pool house. heated gunite pool, pool house. 3,000 SF. 1 acre. Web # 35083.

Nancy Skulnik 631.356.3566

SECLUDED WATER MILL ESTATE

4 BEDROOM 3 BATH ON QUIET CUL DE SAC CLOSE TO TOWN EAST HAMPTON $570,000 Great location Home comes fully furnished so you even have the option to rent it out for the summer. Web # 47953.

$2,790,000 2 acres, and set back for privacy. 6 Beds, 5.5 baths, this recently renovated home has it all.

7,000 SF. Everything you need awaits in this ideal Hamptons get away. Web # 38999.

Juan Chitarroni 631.807.6402

Geoff Gifkins 516.429.6927

WATER MILL ART

SPECTACULAR WATERFRONT SOUTHAMPTON

WATERFRONT IN QUOGUE

$2,450,000 3 beds, 3 baths, spacious living and dining rooms. All rooms are light filled with high ceilings and there is a huge room that can be used as a studio. Oversized heated gunite pool. Web # 58355.

$1,895,000 Views south across Shinnecock bay to Meadow Lane . 90' of bulkheading with sandy beach.

3 beds, 3 baths, Large deck overlooking sandy beach and forever views. Web # 56778.

Geoff Gifkins 516.429.6927

Carl Nigro 631.404.8633

$6,750,000 Home features, great room with stone fireplace, billiard room, library/ office, private gym, 5 spacious bedrooms. Greenhouse, private guest house, screened-in porches, pool with brick patio.

Web # 46741.

Jeff Steinhorst 631.901.2165

WATERFRONT CONTEMPORARY GEM! HAMPTON BAYS CLOSE TO ALL VILLAGE AMENITIES EAST HAMPTON

SOUTHAMPTON SHORES 6 BED WITH POOL BEACH, BOATING AND TENNIS RIGHTS $1,250,000 Set on great 0.78 lot with 6 beds, 4.5 baths, beautiful stone surround 20 X 40 brand new gunite pool. Fully finished basement with separate entrance. Web # 42026

$469,000 Over-sized master suite, overlooking the water with sitting area, 2 guest bedrooms and 3 full bathrooms. Web # 52683.

Joanne Kane 631.873.5999

$875,000 Fabulous home in a great location with sidewalks all the way to the village. 3 beds, 3.5 baths, 1,500 SF, heated pool. Priced to sell. Web # 37569.

Betty Farrell 917.744.7667.

Maz Crotty 646.322.0223

EAST HAMPTON (631) 324 1050 75 Main Street EastHampton NY

WATER MILL

(631) 353-0347 688 Montauk Highway Water Mill NY

BRIDGEHAMPTON

(631) 353 3427 2397 Montauk Highway Bridgehampton, NY

SOUTHAMPTON (631) 287 9260 20 Main Street Southampton NY

MIAMI

(305) 531 7200 1111 Lincoln Road Miami. FL

BEVERY HILLS & ASPEN COMING SOON

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All Skate, All The Time With FunICE

By Kitty Merrill

It’s probably somebody’s fantasy – bikini clad girls on the beach on a summer’s day . . . ice skating.

Enter an innovative product Joe Murphy of Smart Sports Surfacing discovered in Europe, and that dream can be made a reality.

Thanks to a green technology that involves no harmful chemicals, plus a patented connection system, Smart Sports can install a rink any time and pretty much anywhere.

Unlike all other synthetic ice on the market, FunICE Synthetic Ices’ gliding characteristics are based solely on the chemical make up of the panel, not gliding lubricants added on a regular basis. Not only does the gliding lubricant add a significant additional expense to the maintenance of the rink, but also the chemical make up of the gliding lubricants are not eco friendly to users or the environment.

The chemicals wash off the rink and leachate into the surrounding environment. Also, the FunICE

Courtesy / Smart Sports Surfacing Play on the ice all year round, thanks to a new, green product offered by Smart Sports Surfacing.

Synthetic Ice connection system prevents the panels from separating or dipping into low spots creating trip hazards.

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The Coolest Place to Be Seen This Summer . . . . . . is in The Independent and on our website WWW.INDYEASTEND.COM Call us for AD Rates and Information:

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Murphy explained.

Plastic plates simulate the characteristics of real ice – except for that pesky melting part. They’re portable and easy to install and could even be used indoors in a school gym. Sponsors’ names or business logos may be imprinted on them – or, parents can add their kids’ names for a special occasion like a birthday or bar mitzvah.

“All that is needed is a large enough area and, to the delight of the young and old, our experts will transform the area into a skating rink no matter the time of year,” said Murphy. “And, other than getting it to the site, there’s absolutely no carbon footprint.”

Not ready for a winter sport during the summer? The system can be saved for colder times and fit right over the top of your tennis court. Instead of just pulling the net down and leaving the court surface vulnerable to the elements, the FunICE can be easily installed for winter fun.

What? You say your tennis court is a little worse for the wear? With 30 years experience, the family owned and operated Montaukbased Smart Sports Surfacing has you covered. With a staff dedicated to turning your court vision into

a reality, Smart Sports Surfacing has been honored with the Tennis Industry’s “Court of the Year” award.

Let’s say you already have a tennis court, but it’s looking a little ragged. A typical tennis court resurfacing can take just six days to complete. A brand new court takes longer, obviously, with a permitting process part of the deal, plus time needed to let new asphalt cure. Think four to six weeks for a reconstruction project.

And while the project is in the planning stages, ”We approach each project with a cooperative mindset, working with clients and architects toward a common goal, a successful project delivery,” says Murphy. “Our goal is to improve the quality of the game for the individual.”

If b-ball’s your game, Smart Sports Surfacing is in your zone.

They install basketball courts, multisport courts and running tracks, too.

W h e t h e r y o u wa n t t o g e t your Roger Federer or your Sarah Hughes on, Smart Sports Resurfacing is the go to. You can check out their website at www. smartsportsurfacing.com or call 1-800-672-3047. landscape design & maintenance spring clean ups lawn maintenance trees and brushes pruned planting & transplanting - tree removal - sprinkler repair aerating & thatching - lawn reseeding - deer fence mulch delivery and much more

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NOT IMPRESSED WITH YOUR SANITATION SERVICE? Emil Norsic & Son has been delivering quality and reliability on the East End since 1932.

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