Imagine for a moment the endless possibility for living large in this 7 bedroom, 5.5 bathroom Cutchogue home.
Picture yourself enjoying a game of tennis with a view of the neighboring 20-acres of farm field or swimming in the heated infinity pool gazing at the waterfront. Featuring a high-end kitchen, fireplaces and plenty of outdoor living space, you may never want to leave this estate. (more…)
The Bissett estate was the eight-most expensive real estate transfer on The North Fork and Shelter Island in 2014. (Credit: The Corcoran Group courtesy photo)
Two North Fork homes fetched prices north of $4 million last year, according to a list of the most expensive Shelter Island and North Fork real estate sales of 2014.
SEE THE ENTIRE LIST ON northforker.com
Long Island Board of Realtors president-elect Mary Alice Ruppert speaks at last week’s meeting. (Credit: Rachel Young)
Short-term rental regulations may have been the main topic at last week’s panel discussion at Greenport’s Townsend Manor Inn, but many realtors in attendance had questions about another issue: a new Suffolk County anti-discrimination law that prohibits them from asking prospective tenants about their finances.
Passed in January by the county Legislature, the law amends Chapter 526 of the Suffolk County code to “incorporate changes adopted by the state,” according to a copy of the legislation. (more…)
Southold Town Supervisor Scott Russell (center) speaks during a panel event Feb. 26 hosted by the Long Island Board of Realtors at Greenport’s Townsend Manor Inn. He’s flanked by Riverhead Town attorney Bob Kozakiewicz (left) and Suffolk County Legislator Al Krupski. (Credit: Rachel Young)
For many North Fork residents, this winter’s proliferation of snow, ice and slush has made summer feel like a far-off, even illusory prospect. But local realtors say the area’s tourism season has already started — and they’re wondering how changing rental laws could affect the way they do their jobs.
To help clarify those regulations, the North Fork Chapter of the Long Island Board of Realtors hosted an event Feb. 26 featuring local politicians and insurance agents at Greenport’s Townsend Manor Inn. (more…)
Kate Carpluk of Town & Country Real Estate staged this South Jamesport home last year.
The rate of real estate sales on the North Fork has increased to the point that available inventory can no longer meet demand.
That’s the key takeaway of the fourth-quarter results released last Thursday by Manhattan appraisal firm Miller Samuel and brokerage Douglas Elliman, said Miller Samuel president Jonathan Miller.
“The supply is trying to normalize,” Mr. Miller said. “It’s still not, but it’s better for consumers than it was a year ago.”
At the end of 2013, there were 455 houses on the market on the North Fork — from Aquebogue to Orient — according to the report. Points farther west weren’t included in the analysis. By the end of 2014, that number increased — albeit modestly — to 521 available homes. Meanwhile, residential sales in 2014 jumped a significant 34 percent from the same time the previous year — from 556 to 685. (more…)
A circa 1900 photo taken a year after the Greenport Opera House was built at Main Street and Bay Avenue. (Credit: The Historical Collection at Mike Richter Photography)
The Main Street corner where it once stood is now the site of a Chase Bank parking lot, but at the turn of the 20th century the Greenport Opera House was a towering, romantic presence on the North Fork.
Built in 1899 to replace Stirling Hall, which had burned down earlier that year, the opera house was “the pinnacle of the village,” said Greenport historian Carlos DeJesus. (more…)
Thirty West Main developer Georgia Malone in the second-floor lounge. (Credit: Barbaraellen Koch)
Downtown Riverhead has been touted for years as a place “on the rise,” an up-and-coming magnet drawing both new businesses and new apartments. A 52-unit apartment complex opened on Peconic Avenue in 2010 and 19 more units are set open soon in the former Woolworth building — right next to the renovated Suffolk Theater. Another 48 affordable housing units are slated for West Main Street. (more…)
The kitchen of a Riverhead home on the market with an asking price of $300,000.
A “follow-through.” A “major recovery.” A market “on fire.”
Whatever you want to call it, North Fork’s real estate agents seem to agree: 2014 was a strong year that built on the successful bounce-back that began two years ago.
And even into December, that market was still surging. (more…)