EQ. Magazine Summer Issue 2019

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HAMPTONS Cape Advisors to launch redevelopment of the hulking but historic structure. The redevelopment yielded a total of 47 factory lofts including penthouses within the original structure. An additional nine townhouses were constructed on the grounds. The development’s 8 bungalows are situated at the base of the townhouses. The residences of The Watchcase came on the market in 2014. “People were so excited about this offering that they had waiting lists of up to 880 prospective buyers,” Srb recalls. “Sales people did nothing the first few weeks but write contracts. Over the next four years, they did very well. The response from buyers was a result of the building itself being of such special historical significance. But it also resonated with people who wanted a low-maintenance, concierge lifestyle at this price point.” Contributing to success as well were unexpected extras, like the development team’s ability to place a 130-vehicle parking garage beneath the entire block that encompasses The Watchcase. All town homes and penthouses offer private subterranean garages. Watchcase amenities include an expansive 80-foot salt water pool, a spa massage room and fi tness center complete with the Peloton experience. A chef’s kitchen accompanies a private clubroom, which can be reserved for private parties. Above all, is the perspective enjoyed atop the factory, from the vantage point of the private rooftop terraces. All remaining penthouses enjoy the highest elevation of any point in Sag Harbor, overlooking village rooftops to offer sunset panoramas of sailboats on the harbor and an unobstructed view of the Fourth of July firework display. When Srb became the exclusive sales agent of The Watchcase last year, several town homes and penthouses remained unsold. Drawing from her interior design background, Srb suggested that the sponsor add elevators to the seven remaining three-, four- and fi ve-story town homes and lower their prices, which she considered too high. “You enter the parking garage off Division,” Srb says. “Open your car door, and the elevator is right there. You can take groceries up to the kitchen, or bring suitcases to bedrooms on higher floors.” The town homes mirror the classic architecture of Sag Harbor with shingled and clapboard exteriors in Colonial Revival and Greek Revival. Two penthouses remain available at $4.4 & 4.9 million with panoramic rooftop views and three terraces with more than 1,200 square feet of outdoor space. At $4.6 million, 43 Church Street is the largest town home delivering nearly 5,000 square feet of livable space. It mirrors the Italianate architectural style and industrial heritage of the Watchcase with its red brick façade and ornamental cornices. A top-level lounge complete with an expansive rooftop WATCHCASE AMENITIES INCLUDE AMAZING VIEWS AND AN 80-FOOT SALT WATER POOL deck, an outdoor shower and water views, leaves little to be desired. According to Srb, the remaining 10 townhomes and penthouses provide “a unique opportunity for yachtsmen, the boating community and those desiring industrial chic move-in ready walkability.” ■ 20 <strong>EQ</strong>. SUMMER <strong>2019</strong> ISSUE equicapmag.com
BUILD YOUR PARADISE A PARTICULARLY UNIQUE PIECE OF REAL ESTATE IN THE HAMPTONS. MAKE THIS YOUR HOME. MAKE THIS YOUR VIEW. MAKE THIS YOUR LIFE. Photos courtesy of Stankevich Photography AMAGANSETT, NEW YORK / SOUTH OF THE HIGHWAY / 400 FEET OF OCEANFRONT FOUR PARCELS CONSISTING OF 1.9, 1.9, 2.8 AND 2.8 ACRES: TOTALING 9.4 ACRES GROUP STANKEVICH PEGGY STANKEVICH T 631 377 0190 PEGGYSTANKEVICH@GMAIL.COM GROUPSTANKEVICH.COM
Page 1 and 2: RENZO PIANO The Hamptons Issue 250
Page 3 and 4: YACHTLIFE IS THE FIRST YACHT BROKER
Page 5 and 6: Lamborghini Manhattan 711 11th Aven
Page 7 and 8: $10.0 BILLION MRC has invested $10.
Page 9 and 10: SCENE IN MID-MAY, EQ CO-HOSTED a Sp
Page 11 and 12: WATCH REVIEW The final offering of
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Page 15 and 16: COVER STORY WRITTEN BY Jack William
Page 17 and 18: COVER STORY “We’re making the p
Page 19 and 20: THE HAMPTONS 631 458 1001 WWW. BRES
Page 21: HAMPTONS THE FACTORY WAS BUILT IN 1
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Page 27 and 28: THE CLUBHOUSE DINING BOWLING MINI G
Page 29 and 30: EQUESTRIAN WRITTEN BY Daniel Hilper
Page 31 and 32: EQUESTRIAN equicapmag.com SUMMER 20
Page 33 and 34: hamptons legendary equestrian estat
Page 35 and 36: EQUESTRIAN The sport of kings dates
Page 37 and 38: HOSPITALITY SLIP INTO THE UNHURRIED
Page 39 and 40: Proposed Rendering serenity on the
Page 41 and 42: LENDER SPOTLIGHT fit recently from
Page 43 and 44: TWO WEST WATER ST SAG HARBOR
Page 45 and 46: DEVELOPMENT Photo Credit: Brad Fein
Page 47 and 48: DEVELOPMENT new $63-million, 78,000
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Page 51: Sophisticated Products and Services
Page 54 and 55: YACHTING THE ULTIMATE EAST END AND
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Page 60 and 61: LAW 432 PARK AVENUE NEW YORK STATE
Page 62: LAW The purchaser is still required
Page 65 and 66: Musgrave Banners_new 6/22/16 1:23 P
Page 67 and 68: 5 0 0 - M E T A V E - B R O O K L Y
Page 69 and 70: INTERVIEW that will do to investor
Page 71 and 72: 56 LEONARD, 6 WEST Price: $8,650,00
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WEALTH MANAGEMENT FUND TOWNS The ex
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WEALTH MANAGEMENT Like Greenwich, Y
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FOOD & DRINK COLIN AMBROSE: Breakfa
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EQ. Magazine Summer Issue 2019

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