Sean Stark

Authored by: Options Realty
September 29th, 2008

The following information was gathered from the MLSLI in order to provide an update on sales activity for North Fork,
Long Island retirement/vacation/55 and better condominiums.
*is closed pricing. All other pricing is list price.

UNDER CONTRACT/AVAILABLE FROM 07/01/2008 THROUGH 09/30/2008:

AQUEBOGUE, NY:

Silver Village
1 sold. $340k*
1 available. $389,9k.

BAITING HOLLOW,NY:

The Knolls
1 sold. $359k
6 available. $375k;$380k;$385k;$399k;$439k;$439k

The Bluffs
0 sold.
3 available. $449k;$498,8k;$549,9k

CALVERTON, NY:

Calverton Hills
1 sold. $159k*
10 available. $144,9K;$149K;$165K;$170K;$174,9K;$179K;
$189K;$189K;$189K$199K

Foxwood Village
1 sold. $165k.
18 available. $153,5k;$159k;$168k;$179k;$185,9k;
$199,5k;$219,9k;$220k;$225k;$225k;$229,9k;$239,9k;
$240k;$249,9k;$270k;$310k;$319k;$349,9k

Windcrest East
0 sold.
2 available. $589,9k; 589,9k

GREENPORT, NY

Driftwood cove (co-op)
0 sold
2 available. $180k; $199k

Breezy Shores (co-op)
0 sold
2 available. $369k;$369k

Pheasant Run Estates
1 sold. $320k*
1 available. $459k

Sterling Harbor (co-op)
1 sold. $765k
1 available. $695k

Oyster Point
0 sold.
1 available. $725k

JAMESPORT, NY

Maidstone Landing
0 sold.
9 available. $699k;$799k;$845k;$849k;$850k;$879k;$895k;$947,9k;$1,275m

RIVERHEAD, NY

Mill Pond
3 sold. $294k;$299k;$299K
4 available: $269,9K; $295K;$299K;310K

Willow Pond
1 sold. $298,888k
10 available. $269,9k;$295k;$299k;$314,9k;
$334k;$389k;$389k;$395k;$406,5k;$485k

Sunken Pond
0 sold.
7 available. $329k;$375k;$382k;$390k;$399,9k$399,9k;$429k

Saddle Lakes
0 sold.
5 available. $389,9k;$399k;$399k;$349k;$532,5k

The Highlands
0 sold.
1 available. $574,9k

SOUTHOLD, NY

Founders Village
0 sold.
0 available.

Colonial Village
1 sold. $160k
2 available. $187,8k;$279,7k

The Cove
0 sold.
1 available. $899k

For additional details, click on North Fork Condos, and enter “condo”, and towns of interest. For any questions regarding association dues, age restrictions, and taxes, call Options Realty at 631-727-2227 or email laurie@optionsrealty.com

Authored by: Sean Stark
September 11th, 2008

I want to help promote this great effort by a great few in celebrating and taking part in this local sailing event. As you may or may not know, we are avid sailors here in our local waters of Eastern Long Island and the Peconics. So it is of great interest to see something from former sailing generations being polished up for us today. The Brooklyn Ocean Challenge Cup, 2008.

FOR IMMEDIATE RELEASE:

Chinese Y.C. and Old Cove Y.C. to host centennial
Brooklyn Ocean Challenge Cup – October 3rd, 2008

Greenport, New York, September 8th, 2008 – The Chinese Y.C. and Old Cove Y.C. will host the centennial Brooklyn Ocean Challenge Cup on October 3, 2008. The race originating in Greenport Harbor and around Block Island will revive the historic CYC perpetual Brooklyn Ocean Challenge Cup, first contested in 1905.

The Cup is recognized as one of contemporary yachting’s inaugural ocean challenges and regarded amongst the most prized Long Island yachting trophies. An account of the 1909 race deemed the race “the blue ribbon of the sea for small sailboat ocean racing”. In 1922 the New York Times described the cup as “one of the most sought for of the metropolitan trophies”.

The history of the esteemed Brooklyn Ocean Challenge Cup dates back to 1904 when the late William Randolph Hearst, then commodore of the prestigious Brooklyn Y.C., deeded a magnificent silver trophy for open ocean racing to the club. The first race, from New York to Hampton Roads, Virginia, took place in 1905 and was won by Frank Maier’s Tamerlane.

Following the Great Depression the competition landed “on the beach.” Indeed the Cup was reported lost or destroyed in the American Y.C. fire of 1952. Fortunately, the reports turned out to be groundless, but they received sufficient attention to raise the Brooklyn Ocean Challenge Cup to a somewhat legendary level. Actually it was safe in the possession of James Heatherton. Heatherton was the sole surviving member, officer and director of the Brooklyn Y.C.

In 1953 Mr. Heatherton deeded the Cup to the CYC as a perpetual trophy for long distance sailing races. The Cup returned to competition the following year. The last competition for the cup was in 1979 and was won by Pat Malloy’s Mandrake. Since 1905 the cup has been under the auspices of more than 10 yacht clubs has been contested for 26 times. A full account of the Cup’s race history is available at www.brooklyncup.com.

The centennial race is being organized by the CYC and OCYC in cooperation with Shelter Island Y.C., the Village of Greenport and the East End Museum and Maritime Foundation. In addition to the CYC perpetual Brooklyn Ocean Challenge Cup the Village of Greenport will sponsor the Greenport Perpetual Trophy, awarded to the yacht taking line honors. SIYC will sponsor a team racing trophy. The organizers are enthusiastic that the BOCC will become an annual event.

CONTACT:
CYC Perpetual Brooklyn Ocean Challenge Cup
Andrew Wolf
917.464.5724
BOCC@chineseyachtclub.com
www.brooklyncup.com

Regatta / Registration Information
Chris Dowling
917.854.5971
chris@taityachts.com
www.brooklynoceanchallengecup.com

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Authored by: Options Realty
September 5th, 2008

The following is an update on condominium/retirement/vacation homes for sale on the North Fork of Long Island. The towns include Aquebogue, Baiting Hollow, Calverton, Greenport, Jamesport, Riverhead and Southold, New York. To view available condos, click on the North fork Condos tab, and you’ll have access to all properties in detail.

AQUEBOGUE, NEW YORK
Silver Village: 2; $389,999, $449k.
HOA DUES (RANGE): $220/mo
TAXES (RANGE): $4300-6300/YR

BAITING HOLLOW, NEW YORK
The Knolls: 6; $375k; $380k;$385k;$390k; $399k;$439k
HOA DUES (RANGE):$257-$297/mo
TAXES (RANGE): $3880.-$4700/YR

The Bluffs: 3; $469k; $498,9k; 549k
HOA DUES (RANGE): $326-$330/MO
TAXES: $5200-5400/YR

CALVERTON, NEW YORK
Calverton Hills: 9; $144,9k; $165k; $169k; $170k; $174,9k, $179,9k;195k;$195k, $195k
HOA DUES (RANGE): $275/MO
TAXES (RANGE): $1722-2050/YR

Foxwood Village: 15;$179,9k;165k;$164,1k; $199,5k;$219,9k;$220k;$225k;$229,9k;$239,9k; $240k;$265k;$270k;$310k;$319k;$349,9k
HOA DUES (RANGE): $435-468/MO
TAXES (RANGE):$3500-$6800/YR

Windcrest East: 2; $589,9k;$589,9k
HOA DUES (RANGE): $272/MO
TAXES (RANGE): $4946-$5143/YR

GREENPORT, NEW YORK
Driftwood Cove (co-op): 2; $180k; $199k
HOA DUES (RANGE): $270-303/MO
TAXES (RANGE): CALL US

Breezy Shores (co-op): 2 $369k; $369k
HOA DUES (RANGE): $300/MO
TAXES (RANGE): $1261

Pheasant Run Estates: 1 $459k
HOA DUES (RANGE): $350
TAXES (RANGE): 3100/YR

Sterling Harbor (co-op) 1 $695k
HOA DUES (RANGE): CALL US
TAXES (RANGE): $3990/YR

JAMESPORT, NEW YORK
Maidstone Landing: 8; $799k;$845k;$849k;$850k;$879k;$895k;$947,9k;$1,275m
HOA DUES (RANGE): $455-500/MO
TAXES (RANGE):$6000-7500/YR

RIVERHEAD, NEW YORK
Mill Ponds: 3 $278k; $295k;$298,8k
HOA DUES (RANGE): $187-200/MO
TAXES (RANGE): $3072-3669/YR

Willow Ponds: 9; $298,8K;$299K;$314K;$319K;$334K;$389,9K; $395K;432,5K;$485K
HOA DUES (RANGE):$273-291/MO
TAXES: (RANGE): $4397-4700/YR

Sunken Ponds: 8; $329k; $335k;$375k;$382k;$390k;$399,9k;$399,99k;$429k
HOA DUES (RANGE): $265-300/MO
TAXES (RANGE): $3731-6392/YR

Stoneleigh Woods: 2; $365k; $375k
HOA DUES (RANGE): $251
TAXES (RANGE): 4100/YR

Saddle Lakes: 2; $349k; $399K
HOA DUES (RANGE): $288- $295/MO
TAXES (RANGE): $3554-4035/YR

The Highlands: 1; $574,9k
HOA DUES (RANGE): $395/MO
TAXES (RANGE): $9919/YR

SOUTHOLD, NEW YORK
Founders Village: none available at this time

Colonial Village (co-op): 1 $279,750
HOA DUES (RANGE): 430/MO
TAXES (RANGE): CALL US

The Cove: 1; $899k
HOA DUES (RANGE): $425/MO
TAXES (RANGE): $3300/YR

All figures above are obtained from outside sources. The purpose is to provide seekers or sellers of retirement/vacation condominiums a range of costs/availability.

In order to receive the most accurate and up-to-date information, please give Options Realty a call for clarification- these figures, while deemed accurate, are subject to revision or confirmation, and should not be relied upon as a sole indicator. Please view as estimates.

Authored by: Options Realty
August 31st, 2008

If you’re thinking of selling or buying a property on the east end of Long Island, awareness of the undercurrent in distressed properties is provided in order to offer a realistic picture of the prevalence of the pre-foreclosure impact possible.

LIS PENDENS FILED IN AUGUST 2008, EAST END OF LONG ISLAND

TOTAL: 57

East Hampton, NY: 9

Cutchogue, NY: 1

Bridgehampton, NY: 3

East Quogue, NY: 3

Flanders, NY: 4

Calverton, NY: 1

Eastport, NY: 1

Hampton Bays, NY: 5

Sag Harbor: 3

Southampton: 5

Westhampton: 6

Quogue: 2

Southold: 4

Riverhead: 7

Montauk: 1

Speonk: 1

Watermill: 1

Information provided by third parties (the Real Estate Report). Options Realty makes no representation to accuracy of data reported.

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Authored by: Options Realty
August 31st, 2008

The following information, obtained from the MLSLI, is provided to offer insight into homes sold during the month of August, 2008, on the North Fork of Long Island (towns included: Riverhead, Jamesport, Aquebogue, Baiting Hollow, Calverton, Laurel, Peconic, Cutchogue, Mattituck, Southold, Greenport, East Marion, Orient, and Orient Point, New York). Pricing below is listed pricing, not contract pricing, unless indicated with *.

AQUEBOGUE, NY
Sold: 4
$238,5k, $275k, $379k, $2,499m

BAITING HOLLOW, NY
Sold: 2
$549,9k, $549,9k*

CALVERTON, NY
Sold: 2
$25k (mobile home), $310k

CUTCHOGUE, NY
Sold: 6
$349k, $499,9k, $595k, $799k, $2,450m, $2,250m*

EAST MARION, NY
Sold: 3
$395k, $479k, $729k

GREENPORT, NY
Sold: 3
$399k, $459k, $709k

JAMESPORT, NY
Sold: 4
$525k, $529k, $725k, $995k

LAUREL, NY
Sold: 2
$529k; $2,950m

MATTITUCK, NY
Sold: 2
$379k, $1,850m

ORIENT, NY
Sold: 2
$929k, $1,250m

PECONIC, NY
Sold: 2
$799k, $2,275m

RIVERHEAD, NY
Sold: 7
$31k (mobile home), $239k, $275k, $319k, $399k, $599k, $1.1m

SOUTHOLD, NY
Sold: 11
$399k, $435, $457k, $535k, $575k*, $785K, $849K, $924K, $959K, $999,9K, $1,995K

Options Realty deems figures reliable, but accepts no responsibility for the numbers provided from an outside source. These figures do not include for sale by owner properties; all info gathered from the mlsli.

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