Hamptons CPF Transfer Tax Changes

Hamptons Transfer Tax Rules Changed on 4/1/23: Here’s What to Know First-time buyers in the Hamptons are sometimes surprised to spot a mystery line-item on their closing paperwork: The Peconic Bay Community Preservation Transfer Tax, also known as the CPF tax or the Peconic Bay Tax. The CPF is financed through property transfer tax revenues, …

Should I Stay or Should I Go Now?

Two years into the Covid pandemic and the queue of enthusiastic buyers looking for a Hamptons home persists. We are witnessing a paradigm shift in remote work policies that has enabled families to spend more time out east. Unlike many parts of the United States, our customers have benefited financially through the pandemic, continuing to …

What’s Next?

I hope this finds you and your family safe and well. I don’t think any of us will soon forget the challenges of living, working and navigating the last year and a half of our lives through this pandemic. Having been in the thick of East End real estate since the start of Covid, I …