Primary Country (Mandatory)

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
Wall Street bonus bonanza fuels Hamptons spending spree — sending East End home prices soaring 33%

Wall Street bonus bonanza fuels Hamptons spending spree — sending East End home prices soaring 33%

NY Post
Wednesday, February 18, 2026 08:58:19 PM UTC

Wall Street’s bonus bonanza has been powering record sales in the Hamptons, with the median home price in the tiny enclave surging 33.6% last year, realtors told The Post.

As financiers’ year-end payouts were forecast by the state comptroller’s office to hit record highs of over $60 billion, fat cats have been splashing out on oceanfront estates and weekend retreats.

“Record compensation/profits on Wall Street for the past two years are the main driver out east. The Hamptons is joined at the hip with Wall Street,” Jonathan Miller, CEO of Miller Samuel, a real estate consultancy, told The Post.

Financiers make up over 50% of buyers in the Hamptons and helped push total sales volume in 2025 to a staggering $6.2 billion — a 25.6% jump from 2024, according to Judy Desiderio, a managing partner with William Raveis.

“Whenever bonuses are booming, they really take the jitney out east and invest in East End dirt,” she said.

In the fourth quarter of last year, the average sale price reached nearly $3.5 million, according to a report by appraiser Miller Samuel for Douglas Elliman.

Read full story on NY Post
Share this story on:-
More Related News
Canada announces Janice Charette as new chief trade negotiator to the US as tensions mount

Canadian Prime Minister Mark Carney on Monday announced the appointment of public servant Janice Charette as the next chief trade negotiator to the US.

Cryptocurrency use explodes in human trafficking networks, online scams: report

The number of cryptocurrency payments to suspected human trafficking groups surged 85% in 2025 as digital assets play a growing role in illicit online schemes, according to a new report from analytics firm Chainalysis. 

Disney loses $170 million with woke ‘Snow White’ live action flop

After years of controversies and tepid results at the box office, Disney’s 2025 live-action “Snow White” remake has reportedly netted an approximately $170 million loss.

White House-Pakistan deal to redevelop NYC’s Roosevelt Hotel raises more questions than answers

In a startling Thursday announcement, the Trump administration signed an agreement with Pakistan’s government to “jointly redevelop” the Pakistan-owned Roosevelt Hotel on Madison Avenue — a vacant eyesore worth at least $1 billion for its development potential, according to real estate analysts.

Amazon’s latest round of sweeping layoffs hit hundreds in New York

Amazon’s latest round of brutal layoffs included several hundred employees in New York, The Post has learned.

Chaos at major AI summit as scandal-plagued Bill Gates abruptly backs out and Sam Altman, rival awkwardly avoid clasping hands

Bill Gates abruptly backed out of giving the keynote address at a major AI summit in India on Thursday, in the wake of recently released emails shedding light on his relationship with Jeffrey Epstein.

JPMorgan in talks to bank for Trump’s Board of Peace: report

JPMorgan Chase is in talks to serve as the banker for the US-led Board of Peace, a new entity focused on Gaza’s reconstruction that President Donald Trump promotes as an alternative to the United Nations, according to a report.

Online retailer eBay buying Gen Z secondhand marketplace Depop from Etsy for $1.2B in cash

 

Apple News ‘inflames political polarization’ as it excludes conservative outlets from ‘top stories’: bombshell study

Apple News’ editorial team has been deliberately excluding conservative media outlets from the popular app’s handpicked “top stories,” according to a bombshell new study.

Wall Street bonus bonanza fuels Hamptons spending spree — sending East End home prices soaring 33%

Wall Street’s bonus bonanza has been powering record sales in the Hamptons, with the median home price in the tiny enclave surging 33.6% last year, realtors told The Post.

Red Lobster likely closing more restaurants after shuttering 130, CEO warns

Red Lobster is considering closing more locations as it continues to reevaluate its restaurant footprint in the wake of its 2024 bankruptcy.

86% of Americans want Meta, Google held accountable for ‘predatory’ social media addiction crisis: survey

A whopping 86% of Americans want Meta and Google held accountable for their role in a social media addiction crisis that has fueled anxiety, eating disorders and even suicide among kids, according to a survey obtained by The Post.

Warner Bros. Discovery will restart talks with Paramount — potentially setting up a bidding war with Netflix

Warner Bros. Discovery announced Tuesday it will restart talks with Paramount Skydance following the media giant’s revised offer – potentially heating up a bidding war with Netflix once again.

Paramount grows more confident Warner Bros. Discovery will drop Netflix bid

Confidence is growing inside Paramount Skydance that Warner Bros. Discovery will jettison its deal with Netflix in a matter of days and reopen a monthslong bidding war for the company, The Post has learned.

Dollar Tree is invading posh neighborhoods after years of catering to low-income customers— breaking ‘stigma of the dollar store’

Dollar Tree is turning over a new, slightly more luxurious leaf.

© 2008 - 2026 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us