United States

Manhattan eateries scrambling for hot spots in the Hamptons

An epic staring contest between restaurateurs and landlords just went down in the Hamptons. The landlords blinked. Last month, at least five Manhattan restaurants signed leases in the East End during 11 days of frenzied negotiations, with landlords making big concessions for prime spaces, sources told Side Dish. In late April, real estate owners who had charged hundreds of thousands of dollars up front for last summer’s season were forced to settle for severely discounted leases as low as $20,000 a month to make sure their spaces weren’t vacant this summer, sources said. “Every deal is a little different, but it all happened within two weeks,” said Don Evans, who helps produce Dan’s Taste of Two Forks, an annual summer food ...