The Hamptons is getting too expensive for locals: report

Fox Business Flash top headlines for July 30 Check out what’s clicking on FoxBusiness.com. Affluent Hamptons residents are struggling to keep up with their new superrich neighbors — who hightailed it from Manhattan to the East End during the pandemic. "There’s so much money now it’s nauseating," a longtime Amagansett homeowner told Vanity Fair. "I’m […]

Chic Hamptons food stores ransacked by the wealthy amid coronavirus pandemic

Wealthy people who have flocked to the Hamptons to escape the coronavirus are ransacking grocery stores in epic shopping sprees that are costing thousands of dollars a pop. Since COVID-19 hit Long Island’s tony beach towns last week, its residents have been lining up for groceries and other essentials as they prepare to hunker down […]

Calvin Klein selling Hamptons beach house to billionaire Ken Griffin: Report

Hamptons real estate prices taking a hit from SALT deductions? Douglas Elliman Real Estate’s Noble Black on what is causing the decline in housing prices in the Hamptons, New York. Billionaire Ken Griffin is reportedly picking up another multimillion-dollar home for his portfolio of pricey properties, this time a Hamptons beach house owned by fashion […]