Despite Its Glitz and Glam, The Hamptons Real-Estate Market is Looking Grim - Wall Street Journal

For 10 years, New Yorker Dennis Crowley spent summer weekends in the Hamptons, the string of beachfront villages on Long Island’s eastern tip. Splitting season-long “share houses” with friends, he noticed that the Hamptons “just kept getting more and more expensive,” even as the crowds increased. “You’d go to a coffee shop in Amagansett and wait in line 20 minutes,” said Mr. Crowley, now 43, the co-founder of the tech company Foursquare. Eventually, he and his now-wife, Chelsa Crowley, “realized that this isn’t our scene,” he said.

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March 12, 2020 at 11:31PM
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Despite Its Glitz and Glam, The Hamptons Real-Estate Market is Looking Grim - Wall Street Journal
"looking" - Google News
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