Hamptons: Archives

Topic: Business

Sign of the Times: Here Come the Euros

The Euros are Coming
Any idea whom the local merchants are expecting to see this summer? The above photo may give you some clues. That's the sign that's affixed to the door of Loaves and Fishes and don't be surprised if you see more of them around town.

Accepting euros at Loaves and Fishes is actually a pretty good idea. You may recall that last summer they were selling lobster salad for $100 a pound. Not too many i-bankers will be handing over the cash this summer for some mayonnaise, diced celery and lobster, but if you’re paying in euros, $100-a-pound lobster salad is a steal.

Euros and the Europeans who spend them are going to be the heroes of the Hamptons this summer. They’re renting and buying the houses, they’ll be buying the lobster salad and they’ll be packing the restaurants and—hopefully—tipping. They’re going to keep us afloat. So when you see them, say: merci, gracias, danke, grazie…

The Day the Music Died: No $15,000 Tickets this Summer

You're going to have to find someplace else to spend $15,000 this summer (assuming you still have $15,000). The Social Concert Series, which last summer brought Billy Joel, James Taylor, Dave Matthews, Tom Petty and Prince to the Ross School, is cancelling plans for their 2008 series. Something about losing $18 million on last year's concerts seems to have put a damper on the affair. Coupled with the fact that the people rich enough to buy tickets to the series also had the connections to get the tickets free, this business model was doomed from day one. Keeping a stiff upper lip is concert organizer Joe Meli who assures all that he is working on something even bigger for this summer. $16,000 tickets?

Hamptons Music Muffled [NYP] 

North Fork Living: Winery Tour

As one of the sunniest spots in the Northeast, the North Fork is ripe for the wine-making. In this clip, Agawam Albertson Principal Broker Tom Scalia gives you a personal tour of Raphael Winery in Peconic.

Raphael Winery
39390 Main Road
Peconic, NY 11958
631-765-1100

www.raphaelwine.com

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Entrepreneur R. Donahue Peebles

Real estate developer R. Donahue Peebles recently received the Entrepreneur of the Year Award at the 11th Annual Wall Street Project Economic Summit. According to the Newsday article about the award "Peebles, the founder, chairman and chief executive of Coral Gables, Fla.-based Peebles Corp., is said to be one of the country's most successful African-American real estate developers, with a portfolio that includes luxury hotels and residential and commercial properties and projects under way in Washington, D.C., Miami Beach, the Florida Keys, San Francisco and Las Vegas valued at more than $4 billion."

Peebles, who has a home in Bridgehampton, came on the MorningNoon&Night show this past summer to talk to Chris O'Conner about the book he wrote, The Peebles Principles.

Personalities: R. Donahue Peebles Entrepreneur of the Year [Newsday]

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Inside Edge

Protect your home and health with the expertise of Inside Edge Waterproofing & Drainage.

Inside Edge Waterproofing & Drainage
10 Hedges Avenue
East Hampton, NY 11937
631-324-1281

http://iewaterproofing.com 

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Rich Can Rejoice: Helicopter Accord Reached

Good news rich people: you will not be stuck on the LIE next summer. The helicopter operators who fly in and out of the East End have come to an agreement with Senator Schumer and local airport officials that will have helicopters flying routes that aren't over high-population areas and will require helicopters to maintain an altitude of at least 2,500 feet.

The rich are happy, the helicopter operators should be happy and all of the "poor" people who live near the East Hampton Airport should be happy too.

The Chopper Nuisance [Newsday]

C.E King & Sons

To have a house in the Hamptons without an awning is like eating a lobster roll without the roll– it's not entirely necessary but it also kind of is. Fortunately, C.E. King & Sons has been customizing, creating, and maintaining awnings for the East End since 1948.

C.E. King & Sons
10 St. Francis Place
East Hampton, NY 11937
P: 631-324-4944
F: 631-329-3669

www.kingsawnings.com

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Matto

Awesome Italian fare, and an amazing house Chianti.

Matto
104 North Main Street
East Hampton, NY
P: 631-329-0200
F: 631-329-0224

www.mattorestaurant.com

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Enclave Inn

The Enclave Inn has accomodations that are close to the village and beach but far from the crowds and distraction.

The Enclave Inn

Bridgehampton
2668 Montuak Highway
Bridgehampton, NY 11932
P: 631-537-2900
F: 631-537-5436

Southampton
450 County Road
Southampton, NY 11968
P: 631-537-2900
F: 361-283-3292

Wainscott
380 Montauk Highway
Wainscott, NY 11975
P: 631-537-2900
F: 631-537-9328

www.enclaveinn.com

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Plum Builders (No Relation)

In this "What's Hot. What's Not" segment, Plum Builders' President Al Giaquinto shares the latest trends in kitchens.
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