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Real Estate

Hamptons Rentals List for Over $1 Million a Month as Landlords Test Summer Market

One Bridgehampton home is going for $1.65 million for the month of July, despite signs the market may have peaked.

277 Surfside Drive in Bridgehampton, New York. 

277 Surfside Drive in Bridgehampton, New York. 

Source: The Corcoran Group

Still looking for a Hamptons rental? It’s going to be expensive.

Properties in the enclave for financiers and other wealthy New Yorkers are being listed at record prices for the upcoming summer season, with beachside mansions offered for more than $1 million a month. It’s a bet by landlords that demand for ultra-luxe rentals on eastern Long Island will be hot for a third year in a row, as Wall Street pays out its biggest bonuses in decades and many employers embrace the flexibility of hybrid work.