Archive for the 'Media' Category

East Hampton’s Main Beach tops annual list of best beaches in US

Thursday, May 30th, 2013

Main Beach in East Hampton, NY

EAST HAMPTON — This may be hard to believe in the aftermath of Superstorm Sandy, but an annual list of the best beaches in the country has a New York beach ranked No. 1.

Less surprisingly, that beach is in East Hampton, the vacation playground for the rich and famous.

In an announcement that coincides annually with the unofficial start of summer, coastal expert Stephen P. Leatherman on Friday released the 23rd version of his Top 10 Beach List, placing Main Beach in East Hampton at the top.

"The thing about the Hamptons is that people are so proud of their beaches out there," Leatherman told The Associated Press in an interview in advance of the release of his list. "People pick up their litter there, the bathrooms are clean; they provide good services."

Leatherman, who goes by the nickname Dr. Beach, visited Main Beach earlier this month. He said that unlike many beaches farther to the west and in New Jersey, the beaches on eastern Long Island saw less erosion and flooding from the effects of Superstorm Sandy.

"Considering the magnitude of the storm, people will be very pleased to see that Main Beach is the way they remember it," he said.

Leatherman, a professor at Florida International University in Miami, has visited beaches around the world and uses criteria like water and sand quality, as well as safety and environmental management, to compile his annual list. Once a beach reaches the pinnacle of No. 1, it is retired from future consideration, he said.

Coopers Beach in nearby Southampton, N.Y., was the No. 1 pick in the 2010 survey. Sarasota, Fla.'s Siesta Beach was tops in 2011 and Coronado Beach in California earned the top spot in 2012.

The other nine on Leatherman's 2013 list after Main Beach are: Kahanamoku Beach, Waikiki, Hawaii; St. George Island State Park, Fla.; Hamoa Beach, Maui, Hawaii; Waimanalo Bay State Park, Oahu, Hawaii; Barefoot Beach Preserve County Park, Bonita Springs, Fla.; Cape Florida State Park, Key Biscayne, Fla.; Cape Hatteras, Outer Banks, N.C.; Coast Guard Beach, Cape Cod, Mass.; and Beachwalker Park, Kiawah Island, S.C.

East Hampton village residents have free access to Main Beach, although parking permits are required from May 15 to Sept. 15. Non-residents can buy parking passes at $25 per day but they are limited in number, with only 40 non-resident daily parking passes sold on weekends and holidays.

Max Scainetti, a lifelong East Hampton resident, said the tiny grains of tan sand and the cleanliness of the beach are two of the things that make Main Beach special.

"This is one of the best beaches in the country and I've been to a lot of beaches," Scainetti said. "I think basically it's a lot to do with the sand. A lot of Long Island beaches tend to be rocky where these are more sandy beaches."

Javier Baldo, an East Hampton cook, said he has visited Main Beach regularly for about eight years.

"It's fairly civilized. It doesn't get too crowded. The water is delicious," he said. Delicious? "It's really great water, it's really clean. You just have a lot of space."

Baldo said celebrities are sometimes seen at the beach, but people generally keep to themselves.

"It's quiet, there's no loud music playing. It's obviously very safe; great lifeguards. There are really great lifeguards. They're actually fit and very well experienced. That's a big thing, just the safety," he said.

From ASSOCIATED PRESS

HOME PRICES ON THE RISE

Tuesday, July 3rd, 2012

Town & Country Exclusive Market Reports have been mentioning that nearly all our markets are poised for an uptick for months now.

Finally, the media has caught up. They are usually behind the trend by 60-90 days…simply because they're sitting in an office afar and not on the front line of fire.

The Standard & Poor's/Case Shiller home price index released a few days ago showed an increase in 19 of the 20 cities tracked. This is the second monthly increase in prices in the major US cities. National home sale prices rose 1.3% in April from March this year.

The National Association of Realtors said in May, more Americans signed contracts to purchase previously owned homes in the fastest pace in two years!

The Wall Street Journal reports that sales on newly built homes climb to the highest level in two years, driven by limited supply of previously owned homes and record low mortgage rates.

Amazingly, the home sales market, for both new & previously owned homes, is significantly improving even with the banks holding on to money with a strangle hold. So, elementary economics teaches us when supply goes down and demand goes up…what happens people?

YEP, you can say it out loud—they already know—PRICES GO UP!

There's never been a better time, don't miss out on this newly emerging market…jump in, the water's perfect!

Even NYT is Drinking the Kool-aid

Monday, March 26th, 2012

I'm losing faith in the media to report on the facts when it comes to the housing market. As I've written in the past, it seems drama is out selling even sex! Negative spins are spinning out of control. This past weekend the NY Times article titled "Weak Sales in Housing; Prices Rise" was yet another example of such. Even the title speaks for itself. Which does the Times put first, the over 8'/. SURGE in the Median Home Sale Price for new homes in Feb … Or the 1.6'/. Drop in the number of new home sales for that same month-Feb-  you don't need to be chief economist to figure out that builders wisely pulled back during the Great Recession on pumping new inventory on to a slow sales market… Thus the slightness in NEW home sales– remember economics 101 the price of anything is determined by the scales supply + demand– if you dig deep in the article, you seel the real news, in addition to the over 8'/. Jump in prices, sales of previously owned homes rose more than 13'/. Since July and this winter has been the best for re-sales in 5 years! Builders have applied for the most permits to build SFR + appts since Oct 2008. so when the Commerce Department + other US Depts put out reports, reporters would be doing their readers a true service by not spinning the story to sell papers. Report on the facts please, and let's all move forward economically. Thank you!

BofA Banks on Real Estate

Friday, March 23rd, 2012

 

 

Bank of America Legacy Asset Servicing Executive said, this pilot will help determine whether conversion from home ownership to rental is something our customers, the community and investors will support . Id like to take that one step further and commend BofA on ceasing the opportunity to not only allow homeowners to remain in their homes but help expedite the transfer of over leveraged properties in a civilized fashion with minimal pain & distress. Ultimately the investors who end up with this real property will realize significant gains in time.

Only 1000 homeowners will be invited by Bank of America to take advantage of this pilot program.. or foreclosure alternative. There is a specific list of criteria which includes but is not limited to the homes must be owner occupied, delinquent for a minimum of 60 days and several other qualifications. 

 

US HOME SALES HAD THE BEST WINTER IN 5 YEARS

While there are some Debbie Downers out there writing about how home sales slipped in February it was a very slight slip to a seasonally adjusted 4.59 million according to the National Association of Realtors. Some say it was the mild winter, some say the stronger job figues, some say it was the return of the stock market, some say its just time buyers are tired of waitingI say it was the perfect stormin a good wayit was all those factors and more that has lead national stats as well as local stats on real estate transactions to the best winter since before the collapse. Here at T&C its our best winter EVER!

 

 

 

THE MEDIA JUST DOESN’T GET IT!

Monday, January 16th, 2012

If I read one more article on how the housing market remains stalled, I think I'll scream! I won't name names–but a major daily publication out of NYC, ran a story on how buyers were holding back because they think prices MAY come down A BIT more and some are choosing to rent instead.

HELLO!!!! YOU'RE MISSING THE BIG PICTURE!!

The BIG picture is that BANKS are to blame…PERIOD!!

Tell me, for real, you honestly believe most people would prefer to pay someone else's mortgage than their own — NOT! Most people who are settled in a particular location, would much prefer the stability and comfort–not to mention, the long term benefits–of home ownership. It remains THE AMERICAN DREAM!

And regarding the POSSIBILITY of prices DROPPING A BIT MORE… homes are not commodities–no pork bellies here–homes are not stocks–You would have to be clairvoyant to know where the absolute bottom is–and then time the sale on the absolute top–Do you have a Jeannie in a bottle too?

The single problem, at this time, to increase the number of home sales, are BANKS! Lending has become a bad word to them. The bottom line is, there are buyers who want to buy & sellers who want to sell, banks need to get on board!

EXTEND THE FEDERAL TAX CREDIT FOR FIRST TIME HOME BUYERS

Friday, September 18th, 2009

WASHINGTON

Robert Gibbs, Spokesman, is before President Obama to extend the Federal Tax Credit for first time home buyers.

Just as the ‘Cash for Clunkers’ program has jump started automobile sales, this Federal Tax Credit for firt time home buyers has helped to fuel home sales across the country. While we here on the East End may not see this trend, it isa successful program in other parts of the country. Any program that assists increase in home sales nation wide is a good thing for the overall economy. Think of all the ancillary businesses that are touched when a home is sold… everything from paint, appliances, plants, etc. We could mention hundreds of services and products. That’s not to mention the rewards of owning your own home.

The Federal Tax Credit program for first time buyers allows for up to $8,000 or 10% of the sale price, is set to expire at the end of November. Extending this program is critical to maintaining the forward momentum which we are currently experiencing in the housing sector and the overall economy.

So, raise your voice and let your government know how you feel about extending this program for first time home buyers. Your opinion matters.

GREENPORT: NORTH FORK BOOM-TOWN

Tuesday, August 11th, 2009

Remember you learned about this great secret at Town & Country’s blog first: a leg up on all the people searching for fabulous real estate opportunities: one for the record books:

(And don’t forget about us when you become rich and famous…..) this is a bit of a long blog: the secret is at the end of the blog!  Shhhh don’t tell anyone…….

The charming and historic maritime village of Greenport, judged by the number and caliber of new business openings lately, this Town is booming. Without any exaggeration. Much of the news centers around the theme of what everybody loves on the North Fork: Fish(ing), Food (Agritourism) and Wine, and the places to go and stay to take it all in. Greenport is in the center of all that is happening in the North Fork, New York’s Wine Country.

Take for example the Greenport Harbor Brewing company opened this summer…just behind Front Street, next to what looks like a Wild West Jail building where Greenport’s mischievous would have been housed temporarily in the past, the hustle-bustle tourist part of the Town.

 

A bit further down Main Street, just past Frank Purita’s  D’Latte (where you will enjoy the best Italian Gelato West of Rome) Nello Balan, culinary celebrity in Manhattan and South Hampton, is re-opening the former "Isle de Beaute" restaurant as "Seaweed".  Construction is underway there, and ground was broken for the large scale renovation at the site just accross the street where Nello will open a Hotel

 One of my favorite restaurateur’s on the North Fork, Dennis McDermott (FOH) and Hank Tomashevski (who scored a 7 year hit with the Frisky Oyster Restaurant ) opened Frisky Oyster Bar on Front Street…. with dining "al fresco" finally on Front Street overlooking the Carroussel and Souhold Bay/Greenport Harbor.

 

Mayor Kapell oversaw years of redevelopment of the Greenport Waterfront resulting in a quite attractive and family friendly down town in this spectacular yet cozy Maritime Town.

Family style "This little Italian Place" opened this week on Front Street with Southold’s favourite Italian Son, Joe Pagano returning to cooking family style Italian food and again, finally al fresco dining! And all these great places from simple to expensive are all walking distance in a 3 or 4 block area of Greenport’s waterfront Down-town. And don’t forget the welcome additions from previous years: (without getting into the Starbucks love-it or hate-it discussion) : The Loft (& Harborfront Deli), Barbeque Bill’s,and if you didn’t bring something appropriate to wear -whatever that means on the North Fork- ladies: visit Mint Boutique!!!

So now the catch-all secret: Greenport Real Estate, with the most charming fixer uppers on quiet, tree-lined avenues looking for tender love and restoring care, galant Victorians entirely restored, or glorious waterfronts, Greenport real estate has never been more affordable, is basically "ON SALE".

Check out also the special incentives for First Time Home Buyers, which bring these fixer uppers entirely within financial reach – you may be very pleasantly surprised! Call Town and Country’s family of local Real Estate professionals for more information, or email me at jbischoff@1townandcountry.com.

Buy a home now in Greenport. You’ll be glad you did. Before anyone else finds out what’s been happening!

HENRY HUDSON FOUND(ED) MANHATTAN 400 YEARS AGO

Sunday, June 14th, 2009

image from www.OnlyinHolland.com

The Netherlands America Foundation (NAF) and the Henry Hudson 400 Foundation are preparing for a year of celebrations of Dutch American heritage, specifically surrounding the founding of Nieuw Amsterdam (AKA New York - Manhattan) by Henry Hudson for the West Indische Compagnie (WIC) from Amsterdam. As already mentioned by John Nickles (HANFRA President), the purchase of Manhattan by Peter Stuyvesant is truly one of these deals any Realtor ™ would have wanted to be a part of!

In September a visit by the the Prince of Orange, HRH Prince Willem Alexander of the Netherlands and his beautiful Argentine wife, Princess Maxima, and a flottilla with a copy of the Halve Maen, the ship commandeered by Henry Hudson in 1609, will be the crowning event for these celebrations, not to be missed.

The Dutch origins of New York,  as sometimes master paintings are also painted over other original works, still clearly show their contours in current day New York, no matter how much history has been re-writen by the English puritans of New England.

New York still stands for business, free trade, diversity, tolerance, and freedom. Just as did the original Netherlanders who founded Nieuw Amsterdam, after years of religious freedom wars against the Spanish inquisition. A great book about the early days of Manhattan and the still strongly felt Dutch influence on today’s Manhattan Island was written by Russell Shorto & my friend Charles Gehring "Manhattan, island at the center of the World" a must read for any New Yorker!

For any information call me at 631 765 0500 or email jbischoff@1townancountry.com

 

HOUSING STARTS FELL TO ALL TIME LOW

Tuesday, May 19th, 2009

A seasonally adjusted 458,000 units or 12.8% decline of Housing Starts has everyone looking at US Housing Markets again. This # is the lowest since January 1959 when Housing Starts were first monitored. Additionally, Building Permits– which preclude Housing Starts– also fell to a record low 494,000 units, down 3.3% from March. This to me is no surprise,, in fact I’m baffled why the media looks at it as a negative indicator… THIS IS GOOD NEWS!!!!

It communicates that all the right checks and balances are in place in the construction industry. It would be worrisome if they continued to build while the demand had been curtailed!

Now all we need is for the powers that be to recognize that even at the current great interest rates,, we cannot move forward until they loosen lending regulations. The next market cycle will begin when a lending balance is in place.

When we do progress to the next cycle those forward thinking contrarians will be rewarded in all businesses.

Hyatt, Indigo Hotels coming to the East End

Thursday, May 14th, 2009

Newsflash: even a last remaining hurdle for the economy on the East End to thrive -not enough places to stay-  seems to lessen as the summer heat is about to arrive; a few great hospitality companies are now discovering the East End and North Fork Wine Country:

Bryan de Luca of the Atlantis Aquarium -co-founder of the new East End Tourism Alliance, bridging the North and South Forks, and its  East End Getaways website   told me that HYATT (appearing before the Riverhead planning board today for final approvals for parking requirements) is opening up next door to Atlantis Aquarium, giving the Riverhead Down Town a needed shot in the arm! Another part of this needed Down-Town development is a hall for expositions similar to South Street Seaport, certain to reinvigorate Down Town Riverhead, and to attract people to the East End alongside a fabulous plan to allow better access to the beautiful Riverhead river-water-frontage behind Main Street. Almost the only thing left would be the re-opening of the Riverhead theater!

The Atlanta based luxury hotel chain INDIGO is also planning a new Riverhead property coming soon. This all is added to the recent Best Western, Hilton Gardens (opening soon) and Holiday Inn Hotels in Riverhead. (see Long Island Business News)

The hotels that are coming will help enormously as part of the needed improvements in tourism infrastructure, necessary for an economy that can sustain our North Fork Wine Country, while maintaining the nature and character of our hamlets, and protecting a fragile environment of our waterfront communities. It is also important for everyone to know how much the families who brought these hotels to Riverhead have become a beneficial part of our communities, they have proven to be great corporate citizens for our towns and hamlets, contributing generously to our communities.

The implications for Real Estate on the North Fork are obvious: development is going to be carefully managed, increasing desirability of existing housing. The more people come to visit, te more people will experience that sad Sunday-night feeling of "gotta go". Renting for the summer, or a purchase of a second home are the solution to preventing that feeling -that’s how I ended up here myself- and : we can help you find a rental or home ideally suited for your needs and budgets: call Town and Country in Mattituck at 631 298 0600 or in Southold 631 765 0500, or email joan@1townandcountry.com