Archive for September, 2014

Montauk Boy Scouts

Monday, September 29th, 2014

On Friday, September 26th Town & Country was pleased to donate several children’s wet suits to the Boy Scouts in Montauk.  Thank you Evelina Mcdermott, from our East Hampton office for your generous donation!  We hope the children enjoy using them and they get plenty of use during this beautiful fall weather. 

Judi A. Desiderio, Chief Executive Officer

jd@1townandcountry.com   

631.324.8080 ext. 221

NEW HOME SALES REACH A 6 YEAR HIGH!

Friday, September 26th, 2014

            The Commerce Department reported an 18% increase from July to August (504,000) in new home sales and August 2014 sales of new homes were up 33% from August 2013! This is a nationwide statistic. That is the highest level reported since May 2008, and the biggest single month jump since 1992. The significance of such a statistic is far reaching considering the effect the housing market has on the overall economy.  In particular, every new home built is credited with employing eight people.  Additionally, this confirms the strength of consumer demand for new homes.  According to the National Association of Realtors, sales of previously owned homes in August slid a bit after four straight months of increases.  Previously owned homes are the bulk of the transfers—approximately 90%. Home sales on a broad stroke have been improving and in my professional opinion is a key driver lifting our economy from the Great Recession.  Here in the Hamptons, a newly constructed home is always under great demand—the question is if one can afford these jewels.  I always say the only thing that trumps the smell of a new car is the smell of a new home!

 

Judi A. Desiderio, Chief Executive Officer

jd@1townandcountry.com 

631.324.8080 ext. 221

TOWN & COUNTRY BOARD OF DIRECTORS AND MARKETING STAFF AT DURYEA’S LOBSTER HOUSE

Tuesday, September 23rd, 2014

Town & Country took their Board of Directors and marketing staff to the Fighting Chance Lobster Bash at Duryea’s in Montauk last Friday.  It was a beautiful day with one of the best views in the Hamptons.  Thank you Chip Duryea – the founder of the feast – for your generosity as well as Duncan Darrow and the staff of Fighting Chance for another wonderful and meaningful afternoon.  Judi Desiderio, Chief Executive Officer of Town & Country serves on the Board of Directors and Town & Country is a proud sponsor of Fighting Chance.  A good time was had by all! Thank you Charlie Grubb for capturing the occasion with great pictures!

                 

Judi A. Desiderio, Chief Executive Officer

jd@1townandcountry.com

631.324.8080 ext. 221

The Peconic Land Trust’s Common Table

Thursday, September 4th, 2014

On August 17, 2014 the Peconic Land Trust celebrated their 25th anniversary.  The benefit was a grand success and Mother Nature blessed us with a perfect evening.  There was incredible food prepared by well-known East End chefs complimented by Long Island wines, spirits and beer.  The food, drinks and music were amazing and the company was even better!  Numerous generous donations of Silent Auction items were provided from local artists, vineyards and businesses.  Sydney Albertini provided each guest with a cookbook called All American: Dessert for Quail Hill Farm — a cookbook filled with delicious dessert recipes.  Thank you to everyone who helped makes this event such a wonderful night. 

Judi A. Desiderio, Chief Executive Officer

jd@1townandcountry.com

631.324.8080 ext. 221