Archive for June, 2014

New Home Sales Spike to Six Year High

Thursday, June 26th, 2014

The US Commerce Department reported Tuesday that new homes sales contracts for May reached 504,000 – an 18.6% increase from the prior month and 16.9% greater than May 2013.  This increase was the greatest in six years and considerably higher than the 435,000 forecasted.           

Some suggest this is a delayed rebound after a weak start to the spring selling season due in part to severe weather, a sluggish climb out of the great recession, and increased interest rates.

The facts will play out throughout the second quarter. All indicators are positive though.  The Consumer Confidence Index surpassed the forecast of 83.5 and rising to 85.2; interest’s rates remain relatively low; hopes that banks will loosen their death grip on lending standards; businesses continue to hire employees leading to continued growth in the job market.  Factor in all these interconnected components and a brighter home sales report is on the horizon.

Judi A. Desiderio, Chief Executive Officer

jd@1townandcountry.com

631.324.8080 ext. 221

Michael Pinzone

Monday, June 16th, 2014

Through his estate management career, Michael Pinzone, an agent in our Southampton Office has had the opportunity to work with an array of clients including Eileen Lesberg (World Wide Specialty Programs Inc.), Barbara Streisand (Barwood Films), Gerald J. Ford (Diamond A Ford), Juergen Friedrich (JAF) and John and Patty McEnroe.

His work has taken him from the East End to the North Shore to as far as Texas, New Mexico, and Malibu CA, overseeing and expediting renovations, repairs, landscaping, decoration, even assisting Sony TriStar with setting up an editing facility.  Michael can be reached at 516.375.7505, mpinzone@1townandcountry.com

Contact: Michael A Pinzone

516.375.7505

mpinzone@1townandcountry.com

Stages, A Children’s Theatre Workshop, Inc.

Tuesday, June 10th, 2014

Gene Stilwell, Executive Sales Manager of Town & Country's East Hampton office, is also the President and Co-founder of Stages — a non-profit Children’s Theatre Workshop which provides children a place to act, sing, dance and perform! This summer, Stages will be celebrating its 20th year of performing arts with the opening of a Summer Musical Theater Camp at the Southampton Town Recreation Center. The camp is for children between the ages of 8 to 18.   Offering two different three week sessions (July 1 – 27 and/or August 1 – 24) from 11am –4 pm Monday through Friday, children will begin their day with acting, singing and dancing lessons and finish their day rehearsing for a performance.  At the end of the three weeks the children will perform a show in front of their friends, family and community members.

Gene Stilwell and his wife, Helene Leonard, the other Co-founder and Director, began Stages as they felt Eastern Long Island needed a creative outlet for children to learn the performing arts. The opportunities and benefits children take away from this organization cannot be measured.  Gene and Helene raise the bar for these children every day, installing a sense of dedication, commitment and passion for acting.   

For more information on Stages’ Summer Musical Theater Camps please visit their website www.stagesworkshop.org or contact Helene Leonard at 631.329.1420 and info@stagesworkshop.org.

 

Gene Stilwell

631.324.8080 ext. 218

gstilwell@1townandcountry.com

Fighting Chance Gala

Monday, June 9th, 2014

The partners of Town and Country Real Estate - Judi Desiderio, Janet Hummel and Nancy McGann attended the Annual Fighting Chance Gala on Saturday, May 31, 2014.  The Gala was held at Devon Yacht Club on Gardiner's Bay in Amagansett where both the weather and the company were just brilliant!  Judi Desiderio proudly serves on the Board of Directors for this non-profit organization which was founded in 2002 by Duncan Darrow.  Fighting Chance serves the North Fork and the Hamptons as well as Shelter Island with headquarters in Sag Harbor. The foundation of this organization is to help both individuals and families whose lives have been affected with cancer, providing professional services from the time patients are diagnosed through treatment and into survivorship. A variety of different support systems such as one-on-one counseling and small group support are offered.

Fighting Chance is an independent organization that is funded strictly through grants and private donations from local communities.  For more information on this wonderful organization please visit their website http://fightingchance.org/index.shtml or contact them at 631.725.4646

                                 

               

Judi A. Desiderio, Chief Executive Officer

jd@1townandcountry.com

631.324.8080 ext. 221