Hamptons Cheat Sheet: Sag Harbor OKs Billy Joel’s home reno plans, noting its “harmony” … & more

Sag Harbor OKs Billy Joel’s home reno plans, noting its “harmony”  Sag Harbor officials are finally singing Mr. Long Island’s tune. The Sag Harbor Board of Historic Preservation and Architectural Review approved Billy Joel’s plans to combine two structures on his property with a two-story addition and to raise one of those properties up to[…]

Hamptons Cheat Sheet: Kennedy family compound in Bridgehampton lists for $35M … & more

Kennedy family compound in Bridgehampton lists for $35M A Sagaponack Pond compound that boasts connections to American royalty has just hit the market for $35 million, Mansion Global first reported. One of the two parcels in the compound is owned by the estate of Joseph P. Kennedy, father of President John F. Kennedy. The other[…]

Long Island Cheat Sheet: RXR Realty sues development partner Renaissance Downtowns … & more

RXR Realty sues development partner Renaissance Downtowns, potentially upending 2 major projects  The future of two major revitalization projects— one in the village of Hempstead and one in Huntington — became unclear when RXR Realty sued its development partner Renaissance Downtowns for $9 million. RXR said that “in light of irreconcilable differences between RXR and[…]

Hamptons Cheat Sheet: 10-acre spread on Sagaponack Pond lists for $35M … & more

Ten-acre spread on Sagaponack Pond lists for $35M Two parcels covering about 10 acres in Bridgehampton have been listed together for $35M, Curbed first reported. They’re also available separately, with the pond-fronted property listed for $20 million and the other priced at $15 million. The waterfront parcel at 363 Sagaponack Road features a nine-bedroom, 6,000-square-foot home[…]

Long Island Cheat Sheet: RXR Realty and BSE Global join forces on Nassau Coliseum project … & more

RXR Realty and BSE Global join forces on Nassau Coliseum project Executives from RXR Realty and BSE Global met last week, ultimately agreeing to a joint venture to potentially redevelop the area around the Nassau Coliseum, according to the Long Island Business News. BSE leases the uniondale site from Nassau County and operates the arena[…]

Hamptons Cheat Sheet: Sagaponack farm listed for $12.5M goes into contract after only 3 months … & more

Sagaponack farm listed for $12.5M goes into contract after only 3 months A swift buyer snapped up a Sagaponack farmhouse that had only been on the market for only three months, Curbed first reported. The home’s last listing price was $12.5 million. The 2,600-square-foot farmhouse, which was built in the 1920s, has two bedrooms, while[…]

Long Island Cheat Sheet: Estée Lauder offered tax breaks to open $14.5M Melville facility  … & more

Suffolk IDA offers tax incentives to tempt Estée Lauder to open $14.5M Melville facility  The Industrial Development Agency for Suffolk County offered up $895,000 in tax breaks to Estée Lauder in an effort to sway the cosmetics company to open a $14.5 million-dollar facility in Melville, rather than other locations its considering like New Jersey[…]

Hamptons Cheat Sheet: Town officials look to buy and raze a Hampton Bays motel to build luxury condos … & more

Town officials look to buy and raze a Hampton Bays motel to build luxury condos Southampton Town officials want to buy the Bel-Aire Cove Motel so they can tear it down before securing construction permits and architectural drawings for a willing developer, Newsday reported. The owners are willing to sell for $1,060,000, according to Southampton[…]

Long Island Cheat Sheet: Home prices in Suffolk and Nassau counties inched up in July … & more

Home prices in Suffolk and Nassau counties tick upward in July, MLS report finds Nassau County’s median home prices increased annually by 3.8 percent up to $540,000 last month, according to the Multiple Listing Service of Long Island. Suffolk saw similar gains, up 6.8 percent to a median price of $390,000. Compared to 2008 when[…]