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Hamptons Real Estate

All articles tagged with #hamptons real estate

Libbie Mugrabi Defies Eviction in Hamptons Mansion After Failed Foreclosure Auction
real-estate1 month ago

Libbie Mugrabi Defies Eviction in Hamptons Mansion After Failed Foreclosure Auction

Libbie Mugrabi remains in her Bridgehampton mansion despite losing it in a court-ordered foreclosure auction last month. Her former attorney has filed an appeal to invalidate the sale, citing a potential new loan secured by a $40 million Basquiat painting. Mugrabi has since parted ways with her legal team and is handling the situation independently, while the winning bidder, Henry Ikezi, faces a deadline to finalize the purchase and initiate eviction proceedings.

Hamptons Real Estate Smashes Record on Wall Street Wealth
real-estate8 months ago

Hamptons Real Estate Smashes Record on Wall Street Wealth

The Hamptons’ median home price jumped to a record $2.34 million in Q4, up 34% year over year, driven by all-cash purchases from Wall Street and tech investors and a shift toward higher-priced homes. The average sale price reached $3.76 million and $5 million-plus deals hit a record 82, with inventory remaining tight. The summer market is already off to a strong start, with early rentals and buyers from New York, California and Florida seeking premium oceanfront properties.