The latest headlines from Curbed Hamptons, our outpost on the East End...
1) Like Manhattan, the Hamptons saw a relatively meager number of foreclosures in July—really, everyone east of Water Mill got off scot-free. For Suffolk County as a whole, foreclosures were down 27% from June.
2) Our friends at Hamptons Cottages & Gardens serve up a new dose of Deeds & Don'ts real estate gossip. Among the highlights: "'One broker reports that a house off Further Lane in East Hampton rented for $20,000 for the month of August, a price not seen in nearly a decade for any south-of- the-highway house with three bedrooms, pool, nicely furnished—and deeded ocean access on a private pathway to the beach.' Ouch."
3) So, what does New York Times architecture critic Nicolai Ourousoff think of Swiss architects Herzog & de Meuron's plan for a new Parrish Art Museum in the fields of Water Mill? Not much. From his review today: "True, a spirited design would now never see the light of day. But given the context, wouldn’t a dumb shed — a barn, maybe, or a Quonset hut — serve just as well? And wouldn’t the architects’ considerable talents best be concentrated elsewhere?"
· Curbed Hamptons [hamptons.curbed.com]