Real Estate News

Sag Harbor Happenings
Three Sag Harbor restaurants, all within yards of each other, are the subjects of rumors this week. La Superica, the Tex Mex landmark at the foot of the flagpole, is reportedly closing its doors after nearly three decades in business. According to published reports, the lease is expiring.

Muse, just across Long Island Avenue from La Superica, is about to change hands, according to the rumor mill, with Gabby Karan and her hubby, Gianpaolo DeFelice being the buyers. Matt Guiffrida and his investment partners Gene Cattarina, Mario Gati, Harvey Krasner, and Carmine Rubino purchased the Muse property, at 16 Main Street, in 2013 for $2.125 million, according to published reports.

One report on the street insists the Corner Bar may soon be entertaining offers. Longtime proprietor Russell (Jimmy) Smyth died last year.

Breitenbach For Barn & Vine
Corcoran Sunshine announced this week that top-producing Hamptons agent Susan Breitenbach will be taking over the marketing and sales of Barn & Vine, a coveted collection of new homes in Bridgehampton.

Design offerings range from a contemporary barn to traditional Hamptons gambrel, each with five to eight bedrooms and a private pool.

The homes will be priced in a range of $2.995 to $3.995 million. The collection of 37 homes is currently more than 75 percent sold.

Barn & Vine is developed by Continental Pinewood Development Partners, a joint venture between Continental Ventures and Pinewood Development. “We are excited to launch the 2018 season with our stunning move-in ready homes. The response to Barn & Vine has been incredible, from long-time Hamptons residents as well as first-time homebuyers. We are looking forward to working with Susan and Corcoran Sunshine,” said Uri Hason, president of Pinewood Development and Continental Pinewood, and Jane Gol, president of Continental Ventures and Continental Pinewood, in a joint statement.

“Barn & Vine has filled a sought-after niche in the Hamptons market with the ability to customize their interiors or simply move right in, furniture included, as well as access to a concierge service that makes Hamptons living even more relaxed. The collection, as a whole, appeals to a wide range of buyers who are looking for an unmatched value in a brand-new home,” Breitenbach said.
Property features include grand entry foyers with soaring ceilings; 10 to 11-foot ceilings throughout the main level and second floor; fully finished expansive lower levels; custom-designed cabinetry; open-concept, gourmet kitchens with oversized islands; Sub Zero and Wolf appliances; architecturally-designed landscaping including bluestone walkways and patios; outdoor spaces equipped with heated gunite swimming pool; and the opportunity for built-in outdoor kitchens and outdoor showers.

The properties include the latest innovations in building materials and design, including steel beam construction to ensure the long-term strength and integrity of the structure, low-to-no maintenance materials used throughout the homes, wireless technology and remote access for heating and alarm systems, and Energy-Star certification.

Breitenbach was ranked as Corcoran’s number one individual sales agent by volume in both 2017 and 2016 with more than $200 million in sales each year. Susan has completed more than $4 billion in sales volume in her 30-year career as one of the Hamptons’ top real estate agents.

Brokers Course
Tomorrow David Dubin, a senior partner at Cook Maran in East Hampton, will conduct a continuing education class for real estate professionals at the firm’s office. The course, “An Attorney’s Perspective,” offers a comprehensive view of the real estate contract and the different perspectives and responsibilities of a real estate attorney. For additional information, call 631-702-8546.

rmurphy@indyeastend.com