News — EastHampton

s When the coronavirus pandemic struck New York City last March, many New Yorkers decided to temporarily stick it out at short-term rentals in the Hamptons. As the crisis continued and it became clear COVID was not subsiding any time soon, those tentative renters became buyers, aided by low mortgage rates and the ability to work from home. According to a report from Sotheby’s International Realty, sales activity in the Hamptons in the third quarter of last year saw a significant increase year over year at all price points as many sought more space and access to the outdoors. “It took a pandemic for folks to...