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*Top Hamptons Real‑Estate Headlines of 2025**
1. **Josh Flagg’s New Hamptons Home**
West Coast broker Josh Flagg, famed from *Million Dollar Listing Los Angeles*, purchased a newly built spec house in East Hampton Village’s Georgica Estate Section. Listed at $9.15 M (previously $10.85 M), the property closed on Sept. 12 for $8.45 M. Flagg, together with childhood friend Justin Gruenberg, used the LLC “Flagg & Gruenberg” for the transaction. He said the move was driven by his growing time in New York and the desire for a seasonal retreat.
2. **$115 M Off‑Market Sale of Terry Semel’s Estate**
Former Yahoo! and Warner Bros. chairman Terry Semel sold his expansive oceanfront estate in East Hampton for $115 M, the highest single‑parcel price in Hamptons history. The buyer, Len Blavatnik, a Ukrainian‑born billionaire and Warner Music Group owner, acquired the property through the LLC “Brise Lontaine.” Blavatnik also owns luxury homes in London, Manhattan, and Bridgehampton.
3. **Summer House’s $5 M Hamptons Base**
Bravo’s *Summer House* premiered its ninth season in February, with the cast arriving at a $5 M summer share in Water Mill. The house, the show’s central setting, continues to be a focal point for viewers, especially after Lindsay Hubbard’s pregnancy announcement and Carl Radke’s wedding cancellation.
4. **Bethenny Frankel Sells Bridgehampton Home**
In April, Skinnygirl founder Bethenny Frankel sold her Bridgehampton residence for $5.2 M. The transaction followed her move to a waterfront Southampton home in 2024 and was highlighted again in the list’s ninth entry.
5. **Swifty’s Opens at the Hedges Inn**
The same month, Swifty’s, the famed New York restaurant, launched a new location at the Hedges Inn in East Hampton Village. The 74 James Lane property, sold for $8 M, became a commercial hotspot, offering full‑service dining daily.
6. **Alec Baldwin’s Hamptons Estate**
The Baldwin family’s Amagansett home, featured on *The Baldwins*, drew attention after the show’s February debut. Alec, a Long Island native, has owned the property for roughly 40 years. The family’s seven children, eight pets, and two nannies make the estate a bustling household.
7. **Prada Store Sells for $10.25 M**
A two‑story, 4,000‑sq‑ft retail space at 2 Newtown Lane, home to Prada, closed at $10.25 M in April. The sale, at $2,563 per sq‑ft, was handled by Tahari Realty’s Jordan Sutton and Mark Golberg, reflecting the strong Hamptons luxury retail market.
8. **$70 M Oceanfront Deal**
A seven‑acre Amagansett property, previously listed for $89 M, sold for $70 M in two transactions on Feb. 26. The sale involved 370 and 372 Further Lane, with Sotheby’s International Realty and Douglas Elliman representing the parties.
9. **Bethenny Frankel’s Second Hamptons Sale**
Frankel again topped the list when her Bridgehampton home and adjacent guest cottage sold for a combined $5.2 M. The properties, near a 50‑acre preserve, were listed at $5.995 M in September 2024 and closed in February after a price drop.
10. **Three Commercial Properties Change Hands**
In October, Compass Commercial reported sales of 36 Newtown Lane (Sam’s Pizza), 370 Further Lane, and 372 Further Lane. These deals underscore sustained demand for high‑yield commercial assets across the Hamptons, with Sam’s Pizza’s iconic neon sign and two‑year lease remaining notable features.