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First quarter earnings are being reviewed in real estate offices across the East End as agents are reporting higher prices, fewer sales and more inventory heading into what they still hope will be a peak selling season.
It was a long, cold, hard winter. But hope and opportunity spring eternal. Local merchants talk about what they did to survive the economic downturn and their view forward to the upcoming summer season. Watch Video
Bridge Bancorp, Inc., the holding company for The Bridgehampton National Bank, has released its declaration of a quarterly dividend of $0.23 per share (NASDAQ®: BDGE). The dividend will be payable on July 21, 2009 to shareholders of record as of July 7, 2009.
Brown Harris Stevens of the Hamptons has announced the Sag Harbor office has moved to a new location at 96 Main Street in the village.
Geomare Aviles, founder of Beautiful You Center for Healing Arts a holistic health and beauty center dedicated to healing the mind, body and spirit, hosted an open house and ribbon cutting ceremony on Saturday, May 9. 2 comments
Top broker Andrea Ackerman has joined the firm's newly expanded and renovated Bridgehampton office of Brown Harris Stevens as senior director. A top broker for over 26 years, Ackerman "is committed to providing the best and most comprehensive service to customers and clients," according to BHS management.
Each year the National Flood Insurance Program (NFIP) recognizes agencies which demonstrate a dedication to promoting flood risk awareness and flood insurance. Earlier this year, Maran Corporate Risk was nominated for this award by Fidelity National Property and Casualty Insurance for their outreach to their clients.
In order to keep pace with the rapidly growing media outlet and its publications, Hamptons Online President Robert Florio has announced the company's management has decided to exit its participation in the telephone and internet access business.
Fellow realtors, local business members, area attorneys, public officials and old friends were on hand to welcome the crew to their new offices and a traditionally large crowd turned out to say hello and check out the new digs.
The economy was the topic of conversation this week when a group of real estate agents met over breakfast with Congressman Tim Bishop (D-Southampton) at 75 Main in Southampton. Bishop, the featured speaker at the Hamptons North Fork Realtors Association's (HANFRA) quarterly breakfast on Feb. 9, highlighted the importance of the real estate market in the nation's economy. 6 comments
Suffolk Bancorp (NASDAQ - SUBK) released its fourth quarter and full year of 2008 reports this week, showing earnings-per-share for the quarter were at $0.60, an increase of 3.4 percent from a comparable period of 2007.
Calling the Parrish Art Museum's core values "very much in line with what I believe as a curator," Terrie Sultan, the museum's newly appointed director, described the impending changes at the institution, most notably the construction of a new museum in Water Mill, as "thrilling."
The realty duo of Susan and Matt Breitenbach plan to donate proceeds from a one-week rental on a multi-million dollar property in The Hamptons, estimated to value $30,000, to the Robert F. Kennedy Memorial Foundation. According to Breitenbach, the rental will raise a fair amount for the charity's silent auction.
The Organizer Group of Georgica Bank, a proposed lending institution designed to cater specifically to residents on the East End has withdrawn its application for a national charter as they did not expect to meet their fundraising target by the Dec. 3 deadline. The group was able to raise $17 million from more than 260 investors as of Nov. 24, however federal approval was conditioned on their ability to raise $25 million by Dec. 3.
Suffolk Bancorp (NASDAQ - SUBK) released the results of its operations during the third quarter of 2008, announcing earnings-per-share for the quarter were $0.62, an increase of 1.6 percent from $0.61 during the comparable period of 2007. Net income for the quarter was $5,967,000, down 1.3 percent from $6,043,000 during the same quarter last year.
A new business, Open Minded Community Concierge of Southampton, located in the village celebrates their grand opening on Saturday, Aug. 30.
Maria Greenlaw and Liz Mauceri of Design House of the Hamptons Ltd. are proud to announce noted Interior Designer, Suzanne Caldwell (ASID) will be joining the firm as a partner.
It's true. Southampton village residents will have to travel to Bridgehampton, East Hampton or Hampton Bays for a cup of Starbucks coffee as the County Road 39 location is slated to be among the 600 stores closing across the country this fall. 1 comment
Suffolk Bancorp (NASDAQ-SUBK) has released results of its second quarter of 2008, reporting an earnings-per-share increase of increase of 11.1 percent from the comparable period of 2007.
Southampton Hospital doctors Peter Michalos and Louis Avvento, have been named to the list of "best doctors" featured in the special June issue of New York Magazine.
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