Housing Notes: Some streets in the Hamptons just hit different
While no one wants to overpay, the Hamptons housing market is skewing higher. Prices are rising as the context of their value is rethought. There was a fun Wall Street Journal piece that covered a single beachfront road in the Hamptons known as Meadow Lane: The 5-Mile Hamptons Street Driving Hundred
Pied-à-terre tax rollout poses enforcement, compliance hurdles:“Shock to the luxury real estate market”
Mayor Zohran Mamdani’s pied-à-terre tax — his early effort to deliver a core campaign promise — is poised to take effect next month. But the devil is in the details. Implementing the surcharge on second homes with market values higher than $5 million won’t be an easy task, as the city’s Department o
Home Sales Hit A New Normal—Until The Next Surprise
Housing transactions dropped to 4% of stock and may stay there. Two structural forces—rate lock-in and declining mobility—explain the new floor.
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