Industry veteran brings full spectrum of experience
From building to selling, Timothy Kelly can do it all. What began with a first home purchase in Wainscott quickly blossomed into a longstanding love for the real estate market on the East End. Now, Kelly is leading the charge in more than a handful of markets under the Douglas Elliman umbrella.
You’re a 30-year veteran in the real estate business. Can you tell us about how you got your start?
Instead of buying in the city, I started out in Wainscott with my first home purchase. My neighbor was a local contractor, Frank Gounaris, and he helped me renovate. I sold the house in a year for a large profit and then moved on to East Hampton Village.
This purchase and sale helped me to understand that buying, building, and renovating offers so many great options out here in the Hamptons. As my experience grew, I developed many properties and moved into the brokerage side of the business.
You’re managing both the Montauk and Sag Harbor Elliman offices. What positive attributes make these growth areas?
Both Montauk and Sag Harbor are growth markets, with many buyers moving into these communities due to the lifestyle options available. Additionally, each has tons of properties on the water, which is what buyers want.
You’ve also worked across every hamlet on the East End. Can you play favorites?
I think the unique thing about the Hamptons is that there are so many different little villages and hamlets; there’s literally a community here for everyone in search of unique experiences.
And being a broker is the best, as you are afforded the opportunity to get to know so many great communities and the people that call them each home.
How does your knowledge as a developer come in handy? Is it something you use on a daily basis?
Understanding the true costs of a project is incredibly informative and helpful, especially as it relates to competitive pricing and all the way to the eventuality of closing.
Of course, there are many important things that a professional real estate agent or broker should know, as we are the experts who navigate our clients smoothly through the entire process.
What other tools do you use to sell your homes? Are there an y new channels you’ve started to gravitate toward?
I think the best tool is using an experienced broker. Local knowledge and someone who is working full time in real estate is the best tool. They know the market and ultimately help the buyer get the best representation in the home-buying process.
All the tools are just accessories in help make the ultimate decisions on what house to buy.
Tell us about your free time. While we’re sure it’s a rarity, how do you like to unwind?
At this time of year, I seem to be sitting in traffic in my free time.
But when I am about to get out and about, I love to spend my time socializing with friends, meeting new people, and taking advantage of the great weather.
Lobosco Has Long-Standing Love For Sag Harbor
Elliman agent proud of community ties
Since the 1960s, Barbara Lobosco has watched the Hamptons flourish. In her continued exploration of the region, she found a fitting home base in Sag Harbor. Now, she’s helping others do the same with her uniquely specialized knowledge of a village steeped in creativity.
Tell us all about your long-standing love for Sag Harbor. What makes the village so special to you?
I started coming here as a child, when my parents began summering out here in North Haven in the 1960s. During the late ‘70s, I attended Long Island University and received my BFA, and met my husband, Stephen Lobosco, in the ’80s. After that, we built a home here and started a family.
Sag Harbor has always been a special place to me. It’s different from all the other hamlets and villages, mainly due to the varied small communities within the village itself. Plus, it’s a place where you know your neighbors and you can walk to almost anywhere — the beaches, the village, the parks, the theater.
As long as I’ve known it, this has been a place that’s family friendly and culturally diverse. The village, and the people who make it what it is, have no trouble growing or keeping up with the times, even as we continue to ensure that its history and uniqueness are preserved.
How has the area developed? Any major changes?
There’s always going to be change, which in itself is not a bad thing, but I think that we all realize that this land and the area that surrounds it is a precious thing. I’m so glad that Sag Harbor leads the way on preservation, and working to minimize adverse impacts on the environment.
This is driven by our local community spirit and engagement, and also by the market. In Sag Harbor, I find that more buyers are looking to downsize and are more conscientious of their surroundings than ever before.
You’re deeply involved in the community. Has this been an asset when working with buyers and sellers?
I do it because I love this place and the people who call it home. Personally, I think it’s very important to be part of the community, to get to know your neighbors and what’s happening around you. Professionally, I think the more you educate yourself about your community, the better you can connect with home owners and buyers.
Volunteering is so rewarding! I’ve always been involved in education, especially since my children were young. Some of the things that I’m most proud of are centered arou oms into a gallery to provide a place for local East End artists to exhibit their work to the public.
All these things have kept me close to the people who live here, work here, fish here, and raise families here. I love my community and am so happy to call Sag Harbor home.
You’re a member of the creative community too. Have you seen this grow in past years, and has it become an attraction for home buyers?
You know Sag Harbor has always, at least to me, been a place where artists, writers, musicians, theologians, scholars, fishermen, farmers, landscapers, and restaurateurs have gravitated.
This creative diversity enhances our school systems, our neighborhoods, and the people we call our friends and neighbors.
How do you spend your free time? We hear you’re an accomplished painter.
Well, I’d like to say that this time of year, I spend my spare time painting or sitting on the beach, but those are winter treats for me. I do manage to squeeze in some time to walk on the beach, though I’m, admittedly, a workaholic.
These days, the most important downtown for me is spending time with my family, especially when my three grown children come out for a visit. That’s the most special time of all.