Episode 116 - Vincent Horcasitas

Discussing New Construction In The Hamptons

About Happening in the Hamptons Real Estate Podcast

Happening in the Hamptons is powered by Saunders & Associates, the #1 locally owned real estate brokerage in the Hamptons, and Hamptons.com, the Hamptons’ leading lifestyle brand for what to do, where to go, and what’s happening across the East End.

Each week, Happening in the Hamptons covers the people, properties, market trends, events, restaurants, local businesses, charity happenings, arts and culture, and community stories shaping life on the East End. From Hamptons real estate and homes for sale to weekend events, waterfront living, village life, and local lifestyle coverage, the podcast brings a grounded, local perspective to one of the most iconic markets in the world.

Subscribe to Happening in the Hamptons wherever you listen to podcasts.

Join the conversation and follow for all the latest in Hamptons real estate!

YouTube
Instagram
LinkedIn
Facebook
TikTok

Transcript

Andrew Doud 0:10

All right, everyone, it's Thursday. I'm Andrew Down. It is time for Happening the Hamptons Podcast, our weekly breakdown of the Hamptons market, new listings and events on the East End. We are sponsored today by New York Title Abstract, the Hamptons leading title insurance firm. Visit New Yorktitle.com. And we are with Steve Glick, Dave Retiner, and today, the man, the hardest working man in the Hamptons. Vincent Horgan seat us. How are you, sir? Pleasure to be here today. Very happy. Always, always good to have you on the podcast. A lot of insight. This man covers everywhere from West Hampton to Montauk, new construction, new listings, land listings, renovations. He's he's all over the place. You name it.

Steve Glick 0:49

Vince got it. Vince has it covered. He's the ultimate real estate advisor. Yep.

Andrew Doud 0:53

He's the man. So uh so Vince, what are you working on now? What's what's hot in the Hamptons? I like that. I shouldn't like nothing against it.

SPEAKER_02 1:00

Like I built my business really on um selling land to developers. Uh and started that 23 years ago. And uh, you know, it's it's a it's a great time in real estate. You know, people are always asking the question is how is the market? You know, it's the is the thing that you always try to uh, you know, most people are trying to figure out. And the market's very healthy. There's a lot of buyers out there. And um, you know, when the builders are still building, it's a good sign of what's really going on.

Steve Glick 1:25

Yeah. Um I love that. I love driving around and seeing the builder signs, the construction going on. That means like, all right, they they they believe in the market. They're gonna build a home and it they feel that they're gonna be successful on the outcome. And it's good to see. I mean, you represent a lot of new construction homes, right?

SPEAKER_02 1:41

Absolutely. I mean, um, you know, I probably have uh eight eight new constructions that are going up right now in different locations. Uh let's go over a couple of all different price points too, right?

Steve Glick 1:51

Yeah, fire away. What do you got?

SPEAKER_02 1:53

So we have um 200 Rose Hill Road, which is nearing completion, that'll be done by July 1st. Now that's a 2.3 acre site on Rose Hill Road, uh 17,000, 18,000 square feet on three levels with an accessory structure, tennis court facing west on a 65-acre property with you know the ultimate you know concrete, glass, uh contemporary home that's going up.

Dave Rattiner 2:18

It's on we've toured it. It's uh we've watched it uh go from just a piece of land to going up, and it's unbelievable.

Steve Glick 2:24

So when can we get in there? You saying July it's gonna be completed?

SPEAKER_02 2:28

It's close now. You know, the kitchen is going in. Awesome. Uh Chufo uh Caventry's uh you know doing a lot of the vanities and and and bars and different things that are in this house, but you know, it's uh you know, 14-foot ceilings in the on the first floor and automatic doors that you press a button and uh you know huge 10-foot doors that span 15 feet you know go into the wall. I mean, it's a s it's a special property.

Steve Glick 2:52

What's the price on that one?

SPEAKER_02 2:53

Uh 24.9.

Steve Glick 2:54

24.9 million.

Andrew Doud 2:56

When you think like Epitome of Hampton's luxury, that's kind of like what that is. It's got all the things. All the bells and whistles. It's west facing, right?

SPEAKER_02 3:02

Faces west, yeah. So you got those killer sunsets are amazing there, you know. And it's a quiet street and just, you know, a lot of activity. And you know, we've had a lot of interest in the property already. And um, so I don't know, uh you know, that's a great property to bring into the market. Um and then you know, one other contemporary that's going up is Connor Development on Jobes Lane. Okay. Um that's 33 Jobs, that's uh like an 8,700 square foot on three levels, seven bedrooms, uh I think ten bass, and a uh 20 by 50 gun eye pool spa, you know, uh facing west out to Ludlow Farm, which is a big farm. You see cows and just you know, really kind of a great that that's to have a brand new right there.

Steve Glick 3:47

I mean, and this is also a modern, right? This is a modern home.

SPEAKER_02 3:49

This is a modern build. Uh Ryan Kestner was the architect on that.

Steve Glick 3:53

And so are you seeing more more modern homes being built or more traditional, or is it 50-50?

SPEAKER_02 3:58

I think it just depends where you're at. You know, as you get closer to the ocean because of the FEMA regulations, you have to build contemporary because you're you know, you're up your first floor, a lot of times is 10, 11 feet up uh, you know, above you know, to get the uh ceiling heights in there, you have to build kind of a flat roof.

Steve Glick 4:15

A flat a flat roof. Yeah. Oh, it's interesting. I always wondered why. I'm like, why do they keep going building these moderns? I thought they were just really cool and people would uh want a modern home, but it's actually there's a there's a reason to building that. You also represent some lower priced homes um that are more contemporary, right?

SPEAKER_02 4:35

That are um that are there. You have you have Mercer Construction on 418 Butter Lane, that's priced uh just under 10 million. Um that's another like 8,000 plus square foot home. Um you know uh uh Brian Glasser is the architect on that. Beautiful. That backs up to a 16-acre reserve on a flag lot on Butter Lane, very special project. That's um they broke ground on that. They're putting up uh the forms now for uh pour in the basement there. Um then you have also uh Six Marley, which is uh being completed, and that's uh again, these are all being clean completed by uh July. That's uh that's an amazing house uh on um on Marley Lane, which is off of uh Skim Hampton, south of the highway in Amaganset. Um eight bedrooms, uh nine and a half baths, eight thousand plus square feet. Uh beautifully done, a lot of special features on that property. And then um you have uh intensive precision um who is building uh 14 Bridey's Path, that's priced at 3795 new construction. Um and also uh in West Hampton Beach, you have uh 15 Summit, um which is going up, that's priced just under$3 million.

Steve Glick 5:53

Um so you have new construction in all price points from$24 million all the way down to um just under$3 million. That's pretty impressive.

SPEAKER_02 6:02

So we just put in$12 central into contract. Okay. Um that was asking three five, and that's again just kind of shows you the strength of the market. The house isn't completed.

Steve Glick 6:12

Pre-construction. So you sold it before it was completed.

SPEAKER_02 6:14

No, I mean it's the windows are in and the floors are in. I mean it's it's there, but that's uh, you know, that's a again when you know that used to never happen, and that just kind of gives you an indication of uh the strength of the market. Um, is that when properties are selling pre-construction, it's uh it's a good sign. It's a good sign.

Steve Glick 6:31

So you help these builders identify the land and the value in it, and then they put together a project. How does that all come together? How does that work? So a builder calls you up and says, Vince, I want to build a home, right?

SPEAKER_02 6:44

You have to look at really uh the you know, when you do a development deal, it's it's looking at the land price, and then also you look at you know what size home you have to build to get the in number. So if it's a six thousand square foot house, you calculate the land, you know, could be two million dollars and the construction could be three million dollars. Okay. Hopefully the in value is seven or eight million dollars, right? So that's sort of what a developer looks like looks at. And it's not only just looking at, you know, is it a good deal on the land, you have to really analyze the the size of the home that you have to build to get the in value on it.

Steve Glick 7:19

So how long does it take for the whole process? I know you have to file for permits and file for plans, and then you have to start building. So are you looking at from the moment you find the piece of land to the day it's completed? It's just eight months.

SPEAKER_02 7:32

Well obviously it's a lot more value valuable if it's has a building permit in place, but if it doesn't, it's uh you know, it's a six, eight month um project. If it has no permits on it and you're just buying a raw piece of land that maybe has a survey or maybe doesn't have a survey, you're looking at about eight months to just to get the permit to build. So it's a process. Wow.

Andrew Doud 7:50

Now you have these options that are available and you're talking, you know, completed in July. So if somebody's in that in that new construction market, they find their price point and they can be in for I mean, really the heart of the summer, which is you know July, August is when everything's it's great.

SPEAKER_02 8:04

We have um we have all this and uh coming up, um, you know, all coming to you know to fruition in uh yeah you know, this summer. This summer, July. So it's pretty exciting stuff.

Andrew Doud 8:14

What are um you know, over the years, you how how long have you been in the real estate game out here?

SPEAKER_02 8:17

Twenty-three years.

Andrew Doud 8:18

Twenty-three years. So you've seen the ups and downs, uh, the ebbs and flows of the market. So when you're talking new construction, I I find that as I'm driving around, going to different listings, going to different shoots, um, that you know, you start there are parts of the Hamptons that even when I started here five, six years ago weren't necessarily big on development. Now I see more and more new constructions going up. Um, some parts of Wainscot, some parts of um the Sagaponic. What areas of the Hamptons have you seen that have really come up in value over maybe over you know the last five years or over your career?

SPEAKER_02 8:53

So I took on um uh about 12 lots uh that were north of the highway in Sagaponic, uh sort of close to you know the airport with uh you have the train there, you got the airport there, and you know, you have some things that you would never s think that the the in you know currently there's a property on Merchant's Path that just went into contract for six million dollars that they just dug a hole. They don't even have a house up, it's in contract already at six million. And I I uh sold these lots for the developer. Um uh I don't know, I think I sold six or eight lots. This was you know two, three years ago, and you know, homes were selling four or five, six million dollars, and you know, that is an area that's definitely increased in the value. I mean, it was not too long ago to sell a home for five million dollars uh north of the highway was like an anomaly. And now, you know, you see these homes for nine, ten, eleven dollars north of the highway selling. So it's it's quite astonishing to me from you know being in the business uh 23 years ago to seeing that where it was just like, hey, we just sold something for five million new construction north of the highway. That was like, oh my god. And then you know, now it's like it's totally changed.

Steve Glick 10:03

The whole thing is that the lot to do with the low inventory. People are looking outside their normal areas of looking, looking a little north. You can I I would imagine you get a little bit more for your money as well. These are maybe a bigger home, bigger piece of land. I I'm not sure. But I I can imagine that as you go north, thing you can get more for your money than if that house was placed south of the highway.

SPEAKER_02 10:24

Well, I think it all develop it all depends on the price of the land. So, you know, um if you're buying a house and you're buying a lot in north of the highway in um East Hampton, um you're buying it at a different price than you're buying it in Bridgehampton. Gotcha, north of the highway. So it all all depends on the price of the um of the uh of the land. Typically you get more value in Northwest Woods than you would in a lot of other places based on the price that you can buy the lot for.

Andrew Doud 10:52

That's uh that's really interesting. So speaking of prices, Steve, let's let's talk a little bit about the market, the data, the numbers. Um, what do we got from last week?

Steve Glick 10:59

All right, over the past week there were 22 listings that went into contract from West Hampton to Montauk. Compared to the same week last year, there were 24 listings. So, yes, it's a small decrease of eight percent, but it's pretty much flat from last year. The year prior in 2021, there were 69 listings that went into contract, so that's a decrease of 68 percent. The breakdown of these 22 transactions this week, there was one between eight and ten million, two between four and six million, ten between two and four million, and nine under two million. The dollar volume this past week was sixty million, last year it was sixty-one. Again, you're looking at a flat um small decrease of two percent. In twenty twenty-one, the dollar volume was a whopping two hundred and thirty-six million, so it's a decrease of seventy-five percent. Nonetheless, new listings coming onto the market. There were thirty-two new listings, so that increases the inventory by ten listings. So great to see new constru uh new listings coming onto the market. The breakdown of these 32 new listings, there was two between 10 and 20 million, four between six and eight million, four between four and six million, eleven between two and four million, eleven under two million, and the inventory stands at seventeen hundred and twenty-four total listings with twelve hundred and thirty-eight active and four hundred and eighty-six in contract. Now, Vince, new listings coming on. You have a new listing that's not, I wouldn't say it's not new construction, but it's a nice new listing that just came onto the market um on Jobes Lane, right?

SPEAKER_02 12:19

Yeah, yeah. So this just um we just launched this two weeks ago. Um, it's a flag lot. The address is 25 Jobs Lane. It's about a 4,300 square foot house that was built in 2018, renovated in 2019. Okay. It's uh beautiful, you know, uh grounds are amazing. It the house is great. You know, a lot of people are looking at it for different things. Some people are looking at it just for the house, other people or builders are looking at it as you know, a spec deal. Oh, wow, based on you know, the the what you can do there.

Steve Glick 12:50

And but you can't go wrong with Job's Lane.

Dave Rattiner 12:53

This is like the Job's Lane bridge. Or this house. I we uh we toured it together, and I mean, it is just pure class, this house. This house is just pure class, and it's like it's just beautiful hardwood floors, and you know, it'll never go out of style, you know. Flag lots of things.

SPEAKER_02 13:10

Yeah, it has a lot of it has a lot of accents of um of uh concrete floors in the kitchen. Oh, nice, yeah, you know, stainless steel appliances, marble tops throughout, has a lot of accented um uh steel in it. It actually has an atrium type of uh glass walkway over um to the uh to the uh to a bedroom that's over the garage that has its own private entrance.

Steve Glick 13:32

How how big is the site? Uh how big is this?

SPEAKER_02 13:35

So the site is 0.94 of an acre. It has a 20 by 40 gunite pool with a with a spa there, marble thing. It's it's it's beautiful. I mean, it's uh it's uh you know, you're less than a mile from the beach, and you have Bloodlow Farm across the street there. It's it's uh it's a special problem. Cinema for the beach.

Dave Rattiner 13:51

I was driving over there, I was driving over that area the other day. I was going to uh Meacox, uh the dairy farm over there, and it was like the morning, and it was crazy, like there was like mist coming off of the farm fields, and I was like, man, this is just so crazy. It's so serene and peaceful, and it's a place you want to be. Oh my god.

Andrew Doud 14:11

I think Job's Lane is one of those when people are like, What's the Hamptons like?

Dave Rattiner 14:14

And if you were to like take a picture or a video of like the Hamptons, uh the Hamptons and like that drive to the beach, like that's kind of yeah, it's very cool.

Andrew Doud 14:21

It's iconic.

SPEAKER_02 14:22

Yeah, you have two public beaches down there, right? You have uh Meacocks Bay and then you have uh Cameron Beach that's at the end of Dune. It's amazing when you drive down Dune Road now. It's just like one, you know, the the transformation. If you look at 10 years ago to that that area, and then you come to now and you look look down there, it's like a total transformation of uh new contemporary homes everywhere.

Steve Glick 14:44

You know, we've been in this business, you've been in the business for 20-something years. I've been doing it for almost 20 years, Dave's been in it for over 10, Dowd is saying Andrew Dowd the same. I'm not in the new. We already have seen so much transformation. You think, well, what's gonna happen in the next 20 years? What's Dune Road gonna look like 20 years from now? You know, and it's like it is amazing. I I don't know, it's gonna be unbelievable.

Dave Rattiner 15:05

It's amazing to me how I have to suppress my neg negativity. Because over in general, I'm like a pessimist person and I'm like, oh, the economy will probably, you know, the prices are this or the this or that. But you know, I I say this all the time. Like, I've been thinking that since I was in high school. It's never gone that way.

Andrew Doud 15:25

It's it's always time to start thinking positive, Dave.

Dave Rattiner 15:28

It's just like even even in like the worst, like worst situations in the ham in the Hamptons, it's just like it finds a way.

Steve Glick 15:35

Yeah, we may have a bad year.

Dave Rattiner 15:37

We won't sell, you know, no problem.

Steve Glick 15:38

Maybe we might have a bad year, a couple of bad quarters, but it all turns positive. It all turns back around, positive. I mean, and it's a positive sign. I'm very happy to see all these new construction homes. To me, that's people ask me all the time, well, how's the market? Well, I we Red Torcasitas represents over eight plus new construction homes. To me, that means the market is here to stay and it's gonna continue. And I I feel it's gonna be a busy summer. I don't I don't know what you think about the summer coming up, Vince, but I don't think I don't see it slow enough.

SPEAKER_02 16:08

You mentioned the numbers. I mean, when you take a look at the numbers and you almost see the same numbers um, you know, as of of last year, right? Yep. You know, you take the three best years in real estate, right? 20, 21, and 22, right? Those were the best years in real estate that we ever had, and we're still, you know, even now and in some of the weeks having the same uh transactions that we had in 2022. It's it it kind of tells you that, you know, I think um our market is changing. I think it's uh you know, interest rates, you know, they just raise at another quarter point, and you know, they're talking about maybe not uh raising it anymore. I think we're sort of in the rearview mirror with uh I hope so. I think I hope it levels out. I think I think it's I think um our market's about to take a swing. I think it's a good time to buy.

Dave Rattiner 16:51

Let me ask you a question. So you deal with some like phenomenally successful and intelligent people. I mean, literally some of the most successful and intelligent people on planet Earth. And what do you say to the guy who has the money for the twenty million dollar house, but you know, is negotiating it down and is waiting for prices to come down, or you're off by like a million dollars and to like he he makes an offer, but you're off a little bit. Uh how do you handle that? Because I for me, I would be so frustrated in that situation if there was like a$20 million house and the guy's like, oh, see see if they'll take you know 19 and a half, and the guy other guys like, I'm not taking 19 and a half, it's 20 million. Like, how do you deal with that?

SPEAKER_02 17:38

I think you have to just look at the numbers. I mean, you know, you take a look at reproduction costs of it. That's the thing. Like most of these houses that are that price are south of the highway and they're in rarefied areas. Right. So if you go out and try to buy the lot and now you try to do the construction, it's you know, it's you can't reproduce it for the most of the time the prices that they're being built for. So it's yeah, yeah.

Steve Glick 17:59

And Dave, you give them two shoeboxes. Okay, that's what you do, right?

Dave Rattiner 18:03

You give them two shoeboxes. This shoe box has$19 million, and this shoebox has no money.

Andrew Doud 18:08

You ever done a deal with a like like flipping a coin? You're like, I'll tell you what, look, 19 and a half or 20, and let's heads or tails. Yeah, flip the coin.

SPEAKER_02 18:16

I've seen it all. I've been there, done it all with those type of negotiations. I love it.

Steve Glick 18:20

That that's what keeps it fun. You know, that's the exact thing. That's the thing about real estate.

SPEAKER_02 18:23

It's never the same, you know. It's always uh it's always a different um you know, different situation.

Steve Glick 18:28

You never knew who's on the other end of the phone. The phone rings, could change your life.

Andrew Doud 18:32

Plus, Vince is uh Vince is the guy that proves that no matter what market, whatever whatever the market is, you know, up or down, uh, you know, whatever the case may be, he's always, always busy.

Dave Rattiner 18:42

Well, he's got backup, he's got the team, he's got Alba, he's got Alfredo, and he shows up before anyone else shows up at the office, and that sort of infects Alfredo and Alba's working. Now you have a team. Yeah, give us a quick rundown on the team. You can't work with Vince unless you have a serious work ethic.

SPEAKER_02 19:01

Yeah, so um, you know, Alba's new uh just started a few months ago, and she's great at what she does. She's really good at identifying properties and um wise beyond her years. And um Alfredo has been with me for about eight years, and you know, he's turned into uh a great broker now. Powerhouse. Powerhouse, yeah.

Steve Glick 19:20

Yeah, you guys make a great team. You all compliment each other and bring different attributes to the table from finding lists to negotiating, and you and it helps you cover, like Andrew said earlier, from West Hampton to Montauk, all different price points, and you're able now to have these team members identifying properties for these builders. Hey, I need I need a foreclosure, I need a piece of land, I need something in the Northwest. You have your team that's able to go into multiple databases, find that, identify that property, and be able to sell it to the builder to um start their new project. So it's great to have a team behind you, and um we're looking forward to a successful summer with the with the Ventor Casitas team.

Andrew Doud 19:57

Uh let's start with a successful weekend. What are you doing this weekend, Dave?

Dave Rattiner 20:02

So what am I doing?

Andrew Doud 20:04

Every week I try to come up with a better transition. This is a good that was a good one.

Dave Rattiner 20:07

Successful summer, a successful week. Let's get it. What am I doing this weekend? I don't know, sleeping? No. No, so um when you have connected. So this uh French remember Red Bar in Southampton? You guys remember remember the old red bar? Little red bar? I honestly don't know.

Andrew Doud 20:26

How long ago is this?

Dave Rattiner 20:27

Big red big red. Maybe this was before your time. Before my time up here. Okay. But there used to be a place called Red Bar, and it was happening. And then it you know left and it's been empty. And we just got word that uh a French restaurant called Enchante. We you know, I like that name. Enchante. They are opening this Friday. Um, it's a modern French-inspired bistro, and it's the team behind CC in East Hampton, which is the uh what are they? The East Ham the EHP Hospitality Group. Oh, EHP Hospital. Yep, yeah. I think that's East Hampton Point, EHP. So they they know what they're doing, they know how to have a restaurant that throws you really good time. Oh, they're gonna be good. So I bet you my instinct is it's gonna be good for everybody, you know, to go. And um are they opening this?

Steve Glick 21:18

They're opening this weekend?

Dave Rattiner 21:19

This Friday. This Friday. So um definitely book your uh reservations now for this Friday.

SPEAKER_02 21:26

It's kind of nice to start seeing all these restaurants are starting to open up again. Yeah. Yeah, great.

Dave Rattiner 21:32

Yeah, remember during uh, you know, it was you gotta go to restaurants. I mean, the restaurants are like the lifeblood of the city.

Steve Glick 21:38

During COVID, it was takeout all the years we don't speak of.

Dave Rattiner 21:41

Well, I joke about this all the time. Like people are like, Oh, what are the what do locals do in the Hamptons? It's like, well, they are either landscapers or they work in the restaurant business, or they work in the real estate business or some f faction of it. It's like, you know, you gotta support you it's so much fun going to restaurants. So I I love restaurants, sort of my my vice.

Andrew Doud 22:00

Dave does his restaurant. Look him up on the Instagram.

Dave Rattiner 22:03

And I love the stories behind them. Like it's always a small business owner and like it's always like some guy just like pulling it as far as he can pull it. He pushes it to the edge just to have his vision. It's I I like I like the story behind restaurants. Um anyway. The second thing, this is the must do thing, Andrew Dowd. Because I know you love dancing and I know you love art. So the Parish Art Museum's Spring Fling party and benefit is back. And Vince, would you agree that this is the unofficial start of the summer, the Parish Art Museum Spring Fling? I I would I would I he's shaking his head, yes. I would I would definitely say that. That's from seven.

SPEAKER_02 22:42

I'm if I'm looking forward to going to it. I got bought my tickets, I bought my tickets yesterday. He's ready to go. You know, they're supposed to have great food there. Elegant affairs. Elegant affairs is the affair.

Dave Rattiner 22:53

They're the best. Remember, we were at that one event and they had the pizza? Oh my god. They just stuffed our face. Um so yeah. Don't get any of the pizza on the artwork at Paris Art Museum. Did you know they have 24 hour security there because art is so valuable? I'm sure they do. So there's a guy, there's like several guys there, like at between like midnight and eight o'clock in the morning that like just make sure you stay on guard. Yeah. I'm sure they're watching a lot of Netflix. Yeah, I'm sure they are. Um that's from 7 30 p.m. to 11 p.m. at the museum. It's a must go thing to do. If you are a Hamptonite, you can get tickets at parishart.org slash event slash spring fling, or just Google it and hit the first link. Um, and then the third and final thing is the um very nice new business has opened. It's called Wave Wellness, and this is sort of like one of those uh spas, but it's like also got the infrared thing going on, and then they have sauna blankets and they have meditation, and it's uh located right in the middle of Sag Harbor. Um, they just opened. Um, and this studio features three treatment rooms, um, such as, like I said, infrared sauna, massage, and cryotherapy, which is basically you stand in a sounds cold. Really cold. Yes, you and they just basically freeze you.

Andrew Doud 24:21

This is supposed to be like really like cold dips are like becoming.

Dave Rattiner 24:25

You know, I'm waiting for I'm really waiting for the day when when like the thing comes out where it's like punch somebody in the stomach every morning and that releases all these.

Andrew Doud 24:35

Release all these kinds of great have this great day.

Dave Rattiner 24:38

I mean, the idea of jumping, we we've actually done it before, and I was like, I'm pointing at Vince at his house. He we did a cold plunge like at like it was like 50 degrees. I just jumped right in. No, and the second I jumped in, I immediately regretted jumping in. So, but apparently it's good for you, anyway. Um, you can also get facials there, skin care, and body care treatments. So you don't want to miss Wave Wellness in the Hamptons.

Andrew Doud 25:03

The pain and shock means it's working.

Dave Rattiner 25:06

Yeah, so wave wellnesshamptons.com, and you can book appointments there or just walk in. And they also told me that they sell sauna blankets, which I'm seriously considering getting one. I'm gonna try it out first and then I'll probably get one.

Steve Glick 25:19

So after your week of going to the restaurants, going to the spring fling, you come to the spot and you detox it out. You detox it out. Yeah, you sweat it out. Yeah, exactly. Good. That's a good weekend.

Dave Rattiner 25:29

Yep, it's a good weekend. That's your weekend of the hands.

Andrew Doud 25:31

I I am such a good dancer that for Christmas one year, when I was in when I was engaged to Sarah, she got me dancing lessons. That was my Christmas present. She got me dancing lessons so that I didn't look like a fool on our wedding day. And we had a whole thing coordinated. It was cool. But anyway, uh no, I'm not a good dancer.

Dave Rattiner 25:50

It's amazing. Like I there's video of me out there dancing, and I look on the outside like I'm having this great time. I can tell you with absolute certainty that on the inside.

Steve Glick 26:04

Do you do you dance like Ellen from Lens Phillip?

Dave Rattiner 26:09

I you know, I I I definitely put in effort and I try, you know, but uh if I could decide not to be dancing, I would not be dancing. I agree. I'm with you on that.

Andrew Doud 26:19

All right, we have now taken 26 valuable minutes of Vince's very busy day. So before we wrap it up, anything else you want to add?

SPEAKER_02 26:28

I would just talk a little bit about a couple rentals. Um 1880 Meadow Lane is a new listing that I have uh for rent. It's um it's a beachfront property. It's right on the ocean, right? It's meadow lane.

Dave Rattiner 26:41

You made a great you made a great video of that.

SPEAKER_02 26:43

Yeah. That's uh that's a very special property. Um they're doing a major renovation there. That's uh nearing completion now. What is that rent for?

Steve Glick 26:50

What's the going rate?

SPEAKER_02 26:52

Um it's uh I think uh Memorial Day to Labor Day, I believe it's uh$600,000. Um I could be slightly off on that, might be a little less than that. Um and then um also uh 277 Surfside is uh for rent um bi-weekly, monthly. That's uh probably a pr the the premier uh oceanfront property uh uh for for uh in the Hamptons. Um that's in Bridgehampton. And that's in Bridgehampton on Surfside Drive, 277 Surfside. Um amazing uh you know, fairly new construction.

Andrew Doud 27:26

That's an awesome part of it.

SPEAKER_02 27:27

Yeah, it's I mean that's like that house is crazy, crazy right there.

Andrew Doud 27:30

Uh 1880 Meadow. I got June 150, July 250, August to Labor Day 250. Is that right? Yep. So there you go. Uh that's on Saunders.com, which of course has all of our listings and rentals and everything else that uh Vince represents. Uh Vince, thanks for stopping by. We'll let you get back to work. I can't believe your phone didn't ring. That's like it must be on silent because I've never been in a meeting or talked to Vince for five minutes where his phone wasn't also ringing.

Dave Rattiner 27:57

It's on silent and also upside down. Well, thanks for having me.

Andrew Doud 28:00

Yeah, appreciate it. Thanks for joining us. All right, that's a good one. We'll call that a podcast for Thursday. Everybody have a great weekend, have a great rest of your week. I'm Andrew Dowd, and that is what's happening in the Hamptons.