Market

As COVID-19 spread across the United States and shut down many businesses, the circulation of coins has declined significantly. However, when the nation’s businesses reopened, the demand for coins exceeded the available supply.

Business Briefs for August 13, 2019

In this week’s edition of 27Speaks, the editors talk about the East End real estate market, which has seen a boom following the global COVID-19 pandemic. They discuss the effects of a growing population on the community and question whether the changes will be permanent. The discussion highlights a virtual Express Sessions forum held this week on the real estate industry.

Yoga Shanti is working hard to help individuals connect with themselves, even if New York’s social distancing guidelines prevent it from connecting with each other. The Sag-Harbor-based yoga studio is holding daily outdoor yoga classes from 9 to 10 a.m., rain or shine, in Mashashimuet Park.

East Hamtpon Fitness Studio Falls Victim To COVID-19 Closures

The Sag Harbor Whaling and Historical Museum Opens Outdoor Exhibits

The Shinnecock Nation expects to begin construction next week on its long-planned medical marijuana dispensary and wellness center on Montauk Highway, the first step in what the tribe and its business partners hope will be multi-pronged economic venture that will generate tens of millions of dollars for the tribe and could make it a major wholesaler of cannabis products statewide.

Visa programs for foreign workers, indispensable to the seasonal and demanding East End hospitality industry, were banned by President Donald Trump, leaving area restaurants short-staffed and scrambling to fill positions.

The Water Street Shops property in Sag Harbor Village hit the market this week, and one of the interested buyers is the Southampton Town Community Preservation Fund.

The Fourth of July weekend brought a mostly welcome boom in business to the South Fork, but also a wave of revelry to Montauk that sometimes strayed far beyond state-mandated social distancing guidelines and overwhelmed the ability of local authorities to rein in violations that Governor Andrew Cuomo has warned could force a slowing of re-opening steps, which entered the fourth phase locally on Wednesday.

Business Briefs for June 9, 2020

BNB has announced it is merging with Dime Community Bank.

Business Briefs for July 2, 2020

The resurrected Sag Harbor Cinema will include a bar where ticketholders can order drinks before a movie or during intermission.

South Fork business owners and area lawmakers said during a virtual Express Sessions forum last Thursday, June 25, that they were hopeful that, as Long Island continues moving forward in the state’s reopening plan after the coronavirus epidemic, lost time — and revenue — could be made up for this summer, as long as the virus continues its decline.