I think why someone would rent in the Hamptons
is because they’re probably looking for what most people are, which is sun, relaxation,
great food, and most importantly probably the beach. We have probably the most incredible
beaches in the world, and we’ve been known for this specific destination spot for a while.
So I think the popularity in the Hamptons continues to grow, I know that Montauk specifically
has become really, really popular in the last few years, and I actually expect this year
to be the busiest that we’ve ever seen Montauk thrive, especially on a rental perspective.
So last year was my busiest year ever as far as rentals are concerned, and I expect it
to be even better this year. Partly because the popularity, but also because of the storm
with Hurricane Sandy I think folks are going to start to look towards other areas outside
of New Jersey and Long Beach. Unfortunately, for their misfortune we will probably see
some folks head out to the Hamptons because of that.