August 25, 2015
By Morgan Halberg
Sag Harbor is getting a third new condo development in as many years. Greystone, a Manhattan-based real estate development and advisory company, announced that it has formed a joint venture with East End Ventures for a boutique residential project in the Hamptons town.
The planned condominiums will be located at 1, 3, and 5 Ferry Road, on the last remaining undeveloped waterfront land in the village of Sag Harbor, adjacent to the Business District. The developer declined to provide specifics as to the project’s square footage or number of units.
Though Greystone has developed over $1 billion in residential and mixed-use properties, this will be the first time the developer has done a property in the Hamptons.