Low Supply and Rising Rates Slow Hamptons Sales, but Prices Are Still Going up

East Hampton Village had the highest median price of any neighborhood in the New York vacation destination—$5.7 million Sustained demand and limited supply have kept the Hamptons real estate market hot, even as the number of transactions has slipped.  The median price of a home in the upscale New York enclave reached $1.6 million in […]

Recent Hamptons Sales: $15M for a House in Sagg, Nearly $9 Million for a Montauk Pad and More

101 Hill Street, Unit 7, Southampton Sold Price: $4,287,500Closed: January 25, 2022 Unit 7 at The Latch, a new luxury condominium complex by Beechwood in the heart of Southampton Village, is a single-family townhouse. It features a dramatic open floor plan, double-height ceilings, oversized windows and top-of-the-line finishes. Douglas Elliman, Corcoran and Sotheby’s International Realty had a […]

The Latch in Southampton Village Earns Two National Awards

The Latch, a luxury condominium development in Southampton Village created by The Beechwood Organization, has received two prestigious awards from the National Association of Home Builders (NAHB). The development, designed by Jim McMullan of Fleetwood & McMullan and Jason Poremba of Jason Thomas Architect, earned a Platinum award for Historic Preservation and Restoration and a […]

A Look At The Latch Southampton Village

The Beechwood Organization has nearly completed the 19 luxury condominium homes plus the single-family Terry Cottage at The Latch Southampton Village. Since breaking ground one year ago, four designer-decorated houses opened for viewing on May 15. The first occupancy at The Latch is set for June and nearly half the homes have sold off floor […]

The Latch Southampton Village To Begin Townhouse Showings

In-person showings begin this month at The Latch Southampton Village, a 20-unit community — 15 townhouses, four villas and one single-family home — on the 5-acre former Village Latch Inn property on Hill Street. Nine units have already sold since preconstruction sales began last June, and now that construction is nearly complete, four designer-decorated model […]