Tag Archives: Hamptons flop

Hamptons on sale

Yes, the Hamptons are second homes and we consider Greenwich a primary residence town but (a) the people who used to buy in the Hamptons are similar or identical to Greenwich buyers and (b) Greenwich’s high end market has long been largely a weekenders market. So news that real estate’s down 40% out there in the potato fields is perhaps a harbinger of things to come here.

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