Dive into the rich history of One Main Street in East Hampton, tracing its evolution from a butcher shop to a post office and beyond. Explore the fascinating transformation of a brick building with roles as a post office, telephone switchboard, and more. Uncover the stories of Promise Land and its iconic fish factory, along with the evolution of retail spaces and the shift to high-end luxury on Main Street.
One Main Street has transitioned through various owners, becoming an iconic landmark in East Hampton.
The diverse range of tenants at One Main Street reflects the evolving landscape of the area.
Deep dives
Evolution of One Main Street Ownership
The history of ownership of One Main Street in East Hampton is a journey through time. Starting in 1917, Edwin and Mary Millard leased the building to the US government for use as a post office. Later in 1927, the building was sold to H.C. Bohack, a supermarket chain, for $68,000. The property transitioned through various owners, including Dr. Alan York, Tom Steele, and Ellen Doolie, before being acquired by Bernard Arnold in 2023 for a record $22 million, making it an iconic landmark in East Hampton.
Prominent Tenants and Renovations
The building at One Main Street in East Hampton has housed a diverse range of tenants over the years, reflecting the evolving landscape of the area. From a post office and telephone switchboard to art galleries and high-end stores, such as Cartier and Louis Vuitton, the property's tenant mix has transformed significantly. Notably, Ellie Tahari undertook a remarkable renovation in 2007, enhancing the building's interior and commercial appeal.
Economic Impact and Real Estate Value
The commercial real estate value of One Main Street has witnessed substantial growth over the decades, culminating in Bernard Arnold's acquisition for $22 million in 2023. This transaction marked a record price for commercial real estate in the Hamptons, with Arnold becoming the richest person in the world at one point. The property's prime location and historical significance have contributed to its escalating value and allure to prominent tenants.
Cultural Significance and Transformation
The evolution of One Main Street reflects the cultural and socioeconomic changes in East Hampton, transitioning from a modest post office to a luxury retail destination. Symbolizing the transformation of the Hamptons into a high-end resort community, the building's journey highlights the convergence of history, commerce, and modernity. From humble beginnings to housing renowned brands like Louis Vuitton, One Main Street encapsulates the dynamic spirit of Eastern Long Island.
Esperanza and Irwin discuss the storied history and many lives of the most prominent commercial address in East Hampton, if not the entire East End: One Main Street. Perched on the most prominent location in the Village, the northwestern corner of Newtown Lane and Main Street, the tenants, and the stories speak metaphorically to all the changes in East Hampton over the past hundred years.
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