Archive for the 'Restaurants' Category

Hamptons & North Fork Commercial Real Estate Market Is Strong

Thursday, January 14th, 2016

The Hamptons and North Fork commercial real estate marketplace was very strong in 2015 in all categories — Sales in Village Business District Retail, Fringe area retail/office, Commercial / Industrial, and leasing overall.

 

Outside investors, primarily Manhattan real estate owners and in recent years hedge fund investors, continually seek village buildings to purchase but the owners do not want to sell. Rent rolls are high and they have seen considerable appreciation. It does not make sense for them to sell at a reasonable price, hence a stalled market.

 

Retailers have increased interest in Montauk, Sag Harbor, Amagansett, and Bridgehampton with limited sites available to lease. This has therefore increased the rates in these markets. East Hampton and Southampton remain strong as the key areas national retailers seek out. We are however seeing a weakness in East Hampton as rents have increased to a point making the cost of doing business too high for many.

 

Most restaurant sites were either sold or leased in 2014 and 2015 including Moby's, Momi Ramen, Fresh, Winston's, Wolffer Sag Harbor, and Baron's Cove Restaurant to name a few. While there are always restaurants for sale — there is less inventory than in past years. But with the life span of the average East End restaurant short – that will probably change by next year, as the average lifespan for new restaurants opening is about three years.

 

The most sought after sites are the Commercial/Industrial ones. Landscape and pool companies are the major buyers of these sites in the last couple of years with a current lack of inventory. Major builders have also purchased highway builders to make their presence and strength known such as Farrell, Michael Davis, and Landscape Details to name a few. There are others who have sites in contract and will be making announcement in the near future.

 

The area to watch for 2016 is the North Fork — but more on that next month.

LADIES WHO LUNCH!

Monday, October 5th, 2015

Town & Country Real Estate proudly supports the Ladies Village Improvement Society, INC. One event we particularly enjoy partaking in is the Landmark Committee Luncheon. This year’s Annual Luncheon was at The Devon Yacht Club in Amagansett.

Mother Nature was showing off her powers outside, but the lecture and the company was warm and engaging inside.

Devon celebrated its centennial, so it was fitting that this year the event was moved from The Maidstone Club to Devon. John R. Mackall gave a tutorial on the history of Devon, the Colony, the Club and beyond.

The Devon Colony Estates were built in 1909 as a summer retreat for four wealthy families from Cincinnati. The William Stanhope Rowe House was the largest of the original Devon Colony Houses, called the 7 Sisters. It was built by John Mackall’s great grandfather. Richmond Levering, William Stanhope Rowe, Joseph Rawson and William Cooper Procter were the originators. We all admire their vision and commitment to Amagansett.

Town & Country calls this afternoon our Ladies Who Lunch. We enjoyed a beautiful array of delicious foods prepared by the chefs at Devon.

Happy Anniversary to a very special place with a very special history. Devon and The LVIS forever together.

 

Town & Country’s Board of Directors and Executive Staff Members

Monday, September 21st, 2015

Town & Country's Board of Directors and executive staff members enjoyed a beautiful luncheon at Duryea’s Dock in Montauk at the Annual Fighting Chance Lobster Bash. Duncan Darrow, Fighting Chance Founder and Chairman greeted everyone.

We all enjoyed our lobsters, chowders and much more, paring this great seafood with two great North Fork wines!

Chip Duryea was honored with a painting by Paul Davis. Chip’s generosity and love of Fighting Chance shone greater than the sunshine!

T&C has been taking our Board of Directors and executive staff members for the past few years… it’s a tradition we will miss since Duryea’s has been sold and will never quite be the same again without Chip.

A good time was had by all!

  

   

        

Photo Credit: Charlie Grubb

Great news: The Suffolk theater reopening in Riverhead – March 1st 2013!

Thursday, February 28th, 2013

Suffolk Theater

What better sign of a revival of a down town business district than the reopening of the beautiful Suffolk Theater on Main Street in Riverhead! If you have not seen Main Street lately – you will be surprised and you should re-visit the East Main Street area and Riverfront! The new Hyatt and Atlantis Aquarium complex, a series of new and renovated restaurants including but not limited to the Athens Grill, the little gem of the Turkuaz Grill and the always popular Riverhead Project should have given an indication of the exciting news from our Western neighbor Riverhead!

After many years of decay in the Down Town Area – the Suffolk theater will again be the crown jewel of the down town area! On march first, the Main Street area will be closed down for a festive ribbon cutting ceremony. A grand opening Gala follows-you can join for $125.00 – and a series of golden oldies opening in the subsequent days. For more information: visit their website: The Suffolk Theater and be as impressed as I am! Go Riverhead!

Tony’s Asian Fusion opens in Mattituck on the North Fork

Tuesday, July 19th, 2011

 

Tony's Asian Fusion Mattituck

Tony's Asian Fusion opened up in Mattituck – great news for those of us who have a craving for better Chinese and Thai food! It's located conveniently on the corner of Factory and Main Road, accross from Waldbaum's – and you'll be surprised who I already met there! Find out for yourself and welcome this new business on the North Fork! And try their Chicken Red Curry with a glass of One Woman's Gewurztraminer… Delicious! take-out or relax in a beautiful brand new dining room.

NO-VACANCY SIGNS ARE GOING UP AT BRAND NEW “BLUE INN” IN EAST MARION FOR 4TH OF JULY WEEKEND

Friday, July 1st, 2011
Blue Inn at East Marion, North Fork

Montauk Hotelier Sam Glass succeeded in bringing the best of the North Fork and South Fork & the Hamptons together: the owner of Montauk’s Ocean Resort Inn is opening the Blue Inn this fourth of July weekend!

Visitors to the North Fork looking for a place to stay: pay attention! The Blue Inn will be the place to be beginning this weekend and no vacancy signs are going up quickly (still call to see if there are a few no-shows or cancellations – worth a try!!)

The renovations which took place since Sam Glass bought this famous North Fork watering hole and Inn last year made all the

Blue Inn Guestroom

rooms and suites conform to the highest standards in hospitality: clean, luxurious and tasteful! Each room has its own small kitchenette

The Blue inn is located conveniently on the Main Road in East Marion – only a few miles form hustling and bustling Greenport

Lavender by the Bay

Village with all its harbor-front shopping and dining. While you are relaxing on one of the rocking chair porches or sipping a cocktail at the Bar you’ll get a whiff of the breeze from the west where Lavender by the Bay has its neighboring acres fields of French Lavender blooming this weekend. It all spells out one thing: Relax and enjoy!

 

Worth a visit – and While you are out visit a few of Town and Country’s open houses on Saturday!

Welcome to the North Fork and Happy Fourth!

Porches with Rocking Chairs at the Blue Inn
 

“A-Lure” Seafood Restaurant opens on North Fork/ Port of Egypt – Bayfront dining al fresco in Southold

Monday, May 30th, 2011

 

What better way to celebrate the new Summer Season than with the opening of a new seafood restaurant: and at the spot of my favorite past hangouts – the old Seafood Barge which is now entirely re-done.

Tom Schaudel and Adam Lovett of "AMANO" fame in Mattituck debuted ALure this memorial day weekend on Main Road between Southold and Greenport at Port of Egypt.

Let’s assume the restaurant is as good as we have come to expect of these two restaurateurs – then add a fabulous waterfront location with great patios overlooking the Bay and marinas, and you really cannot go wrong. It remains hard to find spots with great views for dining al-fresco and this is one of the best! The restaurant is not (yet) taking reservations – so if you have to wait a bit – visit one of Southold’s best kept secrets: Charlie’s Southold Fishmarket – hidden behind the Heron Harbor Inn and ask for a chunk of his home smoked Salmon – absolutely fabulous – to take home… And let me know how you liked it… Call Alure at 876 5300

Forbes names Greenport as one of America’s prettiest towns

Friday, April 29th, 2011

Greenport Carroussel

A year or so ago I blogged about Greenport – and the wonderful things happening there – and I am now in great company: John Giuffo of Forbes magazine selected Greenport as one of America’s prettiest towns in his “small world big mouth” column and blog. Immediately – Lisa Dol Bruno of Newsday blogged about the real estate in Greenport - because such positive news make people interested in being a part of a wonderful success story. And I personally love this confirmation of what I already have been writing about for a long time how wonderful Greenport is - confirmation by independent and important sources in the press. As always it takes time for people to realize that things have changed . But the time in Greenport for the nay-sayers is over – or so it seems now! So be among the first to realize it:

It also happens that Town and Country agents recently have taken listing for some of Greenport’s most important Real Estate – one of which the Historic Postmaster’s home on First Street… but Greenport also has the most wonderful Waterfront Condominiums – a rare commodity in North Fork Wine Country; alongside some of the greatest hotel/motel resorts and  B&Bs in walking distance from Front Street restaurants and shops! A true Mecca for second homers from suburban areas, a great place to retire to, or a wonderful place to raise a family.

So it’s time to re-visit Greenport – and call one of our agents at Town and Country if you would like to be introduced to life in Greenport and North Fork Wine Country & luring Shelter Island!

 

NORTH FORK TABLE OPENS: THE LUNCH TRUCK

Sunday, March 27th, 2011

The North Fork Table is a venerable institution we all got to cherish: In just a few years Mike and Mary Mraz, Claudia Fleming, and Gerry Hayden incorporated the best of North Fork (Sea) food, produce and wine into the place I cannot picture the North Fork without anymore. Our Southold office could not imagine better neighbors! Just ask any of our agents.

Almost everything the North Fork Table does warrants a blog. But the Lunch Truck - the newest idea of these culinary creators- taps right into the essence of the North Fork – for lunch! – and all you who enjoy lunch should know about it! The concept is simple and very North Fork – the food – take out only- is remarkable and reasonable. Their Steak (Filet) sandwich is out of this world, their North Fork pulled Pork sandwich delicious. Service is quick and friendly – a step above.

So come visit our Town and Country offices in Southold to talk about Real Estate -buying or selling- around Lunch Time – and bring your appetite!

Attend the North Fork Harvest Gala: buy tickets, enjoy a great night and help the East End Tourism economy grow!

Tuesday, November 2nd, 2010

• Where: Jason’s Vineyard, 1785 Main Road, Jamesport, NY 11947
• Date: November 18, 2010
• Time: 7:00pm–11:00pm

    
•The North Fork Promotion Council invites you to celebrate our 25th Anniversary honoring Dr Herodotus Damianos (Pindar & Duck Walk vineyards) and Suffolk County Legislator Ed Romaine
Master of Ceremonies  is Doug Geed (News 12)

       

Proceeds used to promote targeted off-season Tourism on the North Fork, while maintaining and protecting our  lifestyle and environment, helping all North Fork businesses small and large and help provide a sustainable  economy and good jobs for all East Enders & all North Forkers!

Participating restaurants:
Hellenic Snack Bar
A Mano’s Tom Schaudel
North Fork Table and Inn
Comtesse Therese Bistro & Chef Arie Pavlou
Junda’s Bake Shop
Frisky Oyster
Jamesport Manor
Noah’s
Vine Wine and Cafe
D’Latte
Pizzetteria Brunetti
Village Cheese Shop
and John Ross (2009 NFPC gala honoree)  who helped put North Fork Wine and Food on the map!

• Features: Benefit, Open to All, Volunteer
• Website: http://www.northfork.org
• Phone: 631.655.7328   

• Email: NorthforkPromotionCouncil@gmail.com
• Price: $90 ea or $150/2 tickets – sponsorships call 655 7328
• Tickets:Buy Tickets