Hampton Bays is Headed for an Upgrade



The historic Canoe Place Inn. and Cottages, Hampton Bays Long Island, New York

Living large will soon be possible in Hampton Bays. Long a working-class stronghold, the hamlet is gearing up for a major upgrade. “In the next decade, Hampton Bays will be the place,” says Douglas Elliman’s Enzo Morabito, “adding a whole new stretch of waterfront properties to the market.”

In January, the Southampton Town Board unanimously voted to approve plans by R Squared Development, owned by Gregg and Mitchell Rechler, to create 20 rooms and bungalows on the site of the former Canoe Place Inn, just west of the Shinnecock Canal, in addition to building 37 new townhouses east of the canal. The $60 million project will include a restaurant, a bar, a catering hall, a pool, a clubhouse, and a private marina on the canal’s west side. Southampton Town officials see the development—a subject of dispute for the past nine years—as a way to bring business to the hamlet, but some residents say it will only erode the community’s character. The now-crumbling inn—vacant since 2010—was once known as “the place to stay” in the early 20th century, having hosted guests including Franklin Delano Roosevelt and Lucille Ball.

Toward the beach, at the foot of Ponquogue Bridge, Ponquogue Point is set to open its model condo soon. The complex’s 24 one-, two-, and three-bedroom units range in size from 1,000 to 2,500 square feet and start at approximately $600,000 each. All have beamed ceilings, fireplaces, decks, and waterfront views of the Shinnecock Canal. Ponquogue Point is a project of Miami-based Zyscovich Architects, which is responsible for Dumbo Heights in Brooklyn and the Miami Beach Convention Center redevelopment district. 

A version of this article appeared in the June 2015 issue of Hamptons Cottages & Gardens with the headline: Deeds & Dont's: Curious George.

 

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Property of Note: 5 Hidden Valley Way

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95 West Road, Canton, CT
Enchanting country home/studio/gallery estate of 6,500-square-foot, nestled on 12.3 private acres. Enjoy magnificent views of gardens & specimen trees in sunny, open home with carved stone Italian fireplace, French doors to terrace, koi pond, & stone paths. Steps from the 3,000 SF home is 1,500 SF Studio with walls of windows, sky lights, and radiant heat in floor. Adjacent is 1900 SF Gallery. Buildings have drive-in access, loading docks, 12' walls, cathedral ceilings, concrete floors, air conditioning, and track lighting. Come golf, fly fish, kayak, hike, ski. $1,225,000

Berkshire Hathaway | New England Properties

View more details of 95 West Road, Canton, CT
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