The latest headlines from Curbed Hamptons, our outpost on the East End...
1) The Hamptons midyear market reports are in, with sales prices up 10 percent and number of sales up a whopping 113 percent. But the luxury market kept dropping, and Amagansett, Montauk, and Water Mill all saw average sales prices fall. More stats this way.
2) Film producer and former Estee Lauder CEO ex-wife Karen Lauder is in contract on an $8.65 million cottage on East Hampton's Pudding Lane. The place has already been chopped nearly $2 million in its time on the market, which should make sitting in front of those four fireplaces feel even better.
3) Southampton owner Calvin Klein is downsizing again, with recently-filed plans for a house less than a third the size of his current 55,000-square-foot castle. So still not anything we'd characterize as small.
· Curbed Hamptons [hamptons.curbed.com]