Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
NEW YORK, April 04, 2016 -- Greystone Development, a New York-based real estate development and advisory company, announced it has acquired 2 West Water Street in Sag Harbor for $4.94 million. The waterfront property, acquired from seller Bruce Davis, will be incorporated into the planned 11 total residences designed by architect Robert A.M. Stern.
“We remain deeply committed to the completion of this project and are looking forward to creating a beautiful addition to the waterfront landscape in Sag Harbor,” said Jeffrey Simpson, head of Greystone Development. “We have assembled an incredible team to bring this development to life and are thrilled with the projected outcome for our first Hamptons project.”
Situated on 1, 3, and 5 Ferry Road and 2 West Water Street, Greystone’s Sag Harbor project will include a staggered row of single-family houses evoking a typical early 19th-century whaling village streetscape. The exteriors will be outfitted in New England Shingle Style with clapboard and cedar shakes, and the existing structure on the parcel will be reinterpreted from the inside-out. All of the homes within the approximately 30,000-square-foot project will offer water-facing porches sized for dining and entertaining, roof-deck plunge pools and individual garages.
In addition to the residences on Ferry Road, the waterfront property will include a new dock and 11 boat slips, with public access to a landscaped park.
About Greystone Development
Greystone Development is a real estate investment and advisory company headquartered in New York. The group creates boutique luxury rental and condominium residences and prime quality commercial spaces in gateway cities including New York City, Miami and Silicon Valley. For more information, visit www.greystonepd.com.
PRESS CONTACT: Karen Marotta Greystone 212-896-9149 [email protected]
