REPORTER FILE PHOTO
With Wall Street on an historic ride, Shelter Island real estate professionals are hoping to cash in by convincing investors to buy property here. (more…)
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Tag: Saunders
REPORTER FILE PHOTO
Many Island real estate professionals are bullish about the market on Shelter Island.
But one calls it neither a buyers’ nor sellers’ market, but a “realistic” market. What Melina Wein of M Wein Realty Inc. sees is “a lot of fluid pieces,” not just here, but nationally and internationally, that have many buyers and sellers trying to figure out where the economy is going before they pull the trigger on a transaction. (more…)
REPORTER FILE PHOTO
Look for an upturn in the Shelter Island real estate market in the first quarter of 2016.
That’s the consensus from Island professionals who have weathered what most have termed a frustrating 2015.
Saunders’ Penelope Moore summed it up, saying she’s always looking at trends, and 2015 was “a very unusual year” compared to others. (more…)
JULIE LANE PHOTO
The Chequit Inn and Restaurant fetched $3.35 million in a fall sale to new owners who might be revealed this weekend.
The new owners of the Chequit remain a mystery. But the price they paid to purchase the inn and restaurant and two related buildings has now been confirmed as $3.35 million. (more…)