By JeffV editor “People were calling on a Wednesday and wanting move in by Friday. They’d sign the lease, wire the funds and be on their way,” says Gary DePersia, noted Corcoran broker who has specialized in Hamptons’ luxury real estate for over 25 years. “It started in mid-March when people realized there would be a shutdown.
The calls haven’t stopped.” While the vacation rental industry has taken a massive hit during the Covid-19 pandemic — Airbnb was recently forced to lay off 25% of its workforce — luxury rentals in the Hamptons have skyrocketed, with wealthy renters and homeowners looking to quarantine out of the city, close to the water.
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