People hoping for a quieter summer in the Hamptons this year are doomed to be disappointed. Renters are descending on the East End in droves, and the farther east the better. According to Ernie Cervi of the Corcoran Group's Bridgehampton office, "Folks are going further east — to Amagansett, Montauk. There is new life to those areas, so it's attracting another group of people." He refers to hot nightspots like the Sloppy Tuna, Ruschmeyer's, and the Surf Lodge. "We've been getting a lot of calls for Amagansett this year," says Jeff Steinhorst, vice president of Nest Seekers International. "We have three calls for Amagansett for every one for another area." Amagansett is close to Montauk nightspots but also near East Hampton dining and shopping.
The rental season this year has started earlier than usual. Until last weekend's Snowpocalypse, temperatures have been mild, which puts potential renters in mind for summer. Another factor, Cervi says, is Hurricane Sandy. The Hamptons as a whole wasn't badly damaged by the storm, so people who might otherwise rent on the Jersey Shore or Fire Island are testing out the Hamptons.
· Far East: Hamptons Rental Market Expands [NYP]