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Our Hamptons
Our Downtowns: A discussion with Commercial Realtor Hal Zwick
Dec 18, 2023
In this discussion, Hal Zwick, a veteran commercial realtor with deep ties to the East End of Long Island, delves into the evolving landscape of downtown areas. He compares the homogenization of local main streets to those in Beverly Hills and Singapore. Hal highlights how Sag Harbor's sewage system upgrade spurred its downtown vibrancy, raising questions about community-driven business versus mere transactions. The conversation touches on the rise of local retailers post-pandemic and the balance between upscale development and preserving the character of historic towns.
35:25
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Quick takeaways
- The transformation of downtowns highlights the tension between local identity and the rising trend of commercial homogenization driven by national retailers.
- Seasonality in retail poses significant challenges for businesses in the Hamptons, necessitating innovative strategies to maintain year-round viability despite fluctuating foot traffic.
Deep dives
Transformation of Downtown Areas
The evolution of downtown areas on Eastern Long Island has significantly impacted their character and commercial landscape. Initially characterized by local mom-and-pop shops, the influx of national retailers began in the early 2000s, changing the dynamics of these communities. An article from 1995 highlighted the anticipation of this change, with East Hampton slowly transforming into a high-end market mainly due to rental increases and greater national retailer interest. The shift created a divide between the nostalgic local retail experience and the arrival of larger, more commercialized shopping options.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode