Leasing vs. Buying Commercial Property
Choosing between buying and leasing a commercial property is a big choice many companies must make. Each alternative has its benefits and there is no easy, single-size-fits-all solution. Buying Commercial Property Commercial real estate ownership may be lucrative, but it can also be disastrous for individuals who enter without a strategy. At the very least, […]
Sag Harbor Commercial Real Estate
Sag Harbor, a charming, ethnically diverse village in the Hamptons, has attracted commercial real estate ventures for decades. However, upwardly climbing real estate prices, combined with the economic pinch of the pandemic, has impacted the growth of commercial businesses in the thriving Sag Harbor area. Sag Harbor commercial real estate is known for its “mom […]
Real Estate Bubble 2022: Has it Burst in the Hamptons?
2021 saw a significant rise in real estate property prices due to an unexpected and rapid rise in home values during the pandemic. People were forced to work from home and others migrated from the cities to less congested towns like the Hamptons. Some believe this was the beginning of the real estate bubble that […]
Southampton Commercial Real Estate
As one of New York’s oldest English communities, Southampton was founded by Massachusetts-born English colonists in the early 1640s. In the mid-19th century, summer visitors from New York City began flocking to the area because of its beautiful scenery and beaches. The visitors stayed with local farmers and fishermen. In 1870, when the railroad was […]
The Impact COVID-19 Has Had on Commercial Real Estate in East Hampton NY
The COVID-19 pandemic drastically altered the real estate landscape throughout the Hamptons, leaving a lasting impact that has seen scores of New Yorkers take permanent residence in the iconic getaway towns. Commercial real estate trends in the Hamptons followed suit, with dozens of retailers making the move that’s seemingly long term. Nearly two years into […]
Rick’s Crabby Cowboy on Lake Montauk Lassoes a Buyer
Rick’s Crabby Cowboy Cafe, a restaurant with a marine and rental units on Lake Montauk, has been sold. View the Article on behindthehedges.com
East End restaurateur buys two Montauk hotspots
Jeremy Morton, who already owns Morty’s Oyster Stand in Amagansett and Provisions Natural Foods Market & Cafe in Water Mill, now adds Rick’s Crabby Cowboy Café and Ruschmeyers to his growing portfolio. View the Article on libn.com
‘Prime Piece of the East Hampton Village Commercial District’ Hits the Market
A commercial building right in the middle of East Hampton Village’s business district has come on the market. View the Article on behindthehedges.com
The Masters Of Main Street: Hal Zwick And Jeff Sztorc
What do you get when you combine a Manhattan advertising veteran who owned some of the most iconic businesses in the Hamptons with an economics-educated local surfer who has a successful building and development background? You get the Compass commercial real estate power-duo, Hal Zwick and Jeff Sztorc. One can count on one hand the […]
Long Island Real Estate Duo Launches Hamptons 2022 Season With Exclusive Listing
The Compass Realty duo of Hal Zwick and Jeffrey Sztorc have had a busy summer guiding the return of the restaurant industry in the Hamptons. Their vision includes a look ahead towards 2022. View the Article on totalfood.com
