No traces of the abbey remain, though there are still spaces designed to encourage reflection, such as the wood-paneled den. At 28, I think I sold like $600 million in real estate and I didnt take any credit for it, Cody said, taking at least some credit for it. It will likely cost the firm, whose average sale price is more than $27 million, many millions of dollars, but it could also help it win new listings not just in the Hamptons but in newer markets like Manhattan and South Florida. Links: Zach and Cody Vichinsky's Excellent Adventure By Taylor K. Vecsey Posted on February 7, 2022 Get In-Depth Insights and Exclusive Content Delivered Direct to You. Get Notified when Cody Vichinsky's info changes. Bespoke Real Estate listing: Water Mill, NY, Long Island. And we did that from a very early age. Cody: Zach has always operated with a clear focus on what he wants out of his life in the same way I have, and those desires kind of met in the middle. Within two months, the property, which had a glamorous cameo as a beach house belonging to a billionaire played by Adrien Brody in an episode of HBOs Succession, went into contract for $45 million. The massive, 42-acre compound at 90 Jule Pond in Southampton is now in contract with an asking price of $145 million. Cody and Zachs father Steven was a project manager and builder from whom they gaineda good understanding of how to build a house. While for some the process of buying a home has gotten easier with the growth of the broker population and new tactics made possible by tech disruptors, it also has diluted the art of brokering a deal . When you are in the luxury business you dont want to cut your price. He sold one home with Bespoke at the 1% rate (plus the 2% buyers fee) and bought two others through the firm: I dont want to go back and forth with a broker.. Cody: The truth is, we are happily imbalanced at this point in our lives. The emotional aspect muddies the water, so we stick to logic, data, and the principles that we built our company on. Sometimes their jets are too big for East Hampton and they have to fly in to Gabreski in Westhampton, so we arrange a seaplane. FAIR HOUSING DISCLAIMER. Officer Peterson said she has no formal medical training, but 19 years ago, as a police cadet, she watched a video about childbirth as part of routine training. Today one of the premier home peddlers in the Hamptons, only touching product priced at $10 million or up, Cody was born in the Massachusetts hinterlands and grew up in Three Villages on Long Island, more Queens than Sagaponack. BY Polina Marinova. The expansive property, complete with manicured gardens and rolling lawns, sits on over 1,000 feet of Mecox Bay, an unimpeded view of which residents can enjoy from the house. All rights reserved. We did a high-profile deal that needed to be done relatively fast [because of other bidders], so we chartered a helicopter for the client40 minutes each way. Were tremendously grateful and blessed that it happened the way it did. And while Bespoke has undoubtedly been on a rolleven during the pandemicmany trophy homes take years to sell, which means working longer than other firms to earn that lower rate. Isabelle is still in the newborn intensive care unit, where, Mr. Vichinsky said by phone yesterday, she is doing well and receiving excellent care. Method The company was incorporated in Florida six years ago and is no longer active. 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All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Greystone sells Lantana apartments to real estate mogul for $10M, WATCH: Rob Speyer on big bets, past mistakes and the future of NYC. Theres just no inventory worth discussing.. Bespoke Real Estate, a brokerage in Manhattan, the Hamptons and Miami specializing in listings priced at . The most expensive single-family home sale in the Hamptons and one of the largest in the US, for that matter is underway, The Post has learned exclusively. Unique features from hacker profiles to portal watch and video interviews. PERSONAL: Zach lives in Bridgehampton with wife Nicole and sons Ramsey (3) and Austin (almost 1). So did Odin, the family dog, who barked and barked in the foyer. Details include high-molded ceilings and Italian marble fireplaces. On one side, you can relax on the pristine white sandy beach, while on the other, enjoy breathtaking views of your own private pond. BESPOKE PRIVATE CIRCLE, About Our father rented the worst house in the best neighborhood he could so we could go to a good school district on Long Island. We want to be the firm that takes these big risks that are in the best interest of the clients, he says. Many clients have their own fleet. Cody and Zach Vichinsky are the co-owners of Bespoke Real Estate, a new firm in the Hamptons that only lists properties valued at $10 million or more. Both in their early 30s, the Vichinsky brothers have tapped into the art of understanding and attracting luxury real estate consumers with a multifaceted approach a combination of creative marketing, savvy business and relationship-building that led the firm to $400 million in sales volume last year and the ability to ignore anything under that $10 million mark. I feel like if she wasnt there, who knows., Officer Peterson handed the credit right back to the Vichinskys. These commission structures are designed for World War II where your grandparents were buying homes for $15,000, he said. Cody Vichinsky Co-Founder at Bespoke Real Estate Published Jun 6, 2016 + Follow A beautiful waterfront property in Bridgehampton South . In August 2021, Bespoke Real Estate in Water Mill, New York, secured the exclusive rights to sell a dazzling contemporary oceanfront home with an inverted triangle roof in Wainscott, a hamlet of tony East Hampton. We recognized an opportunity to create structure and an inflection point in the way that high-end real estate was serviced. Cody Vichinsky asked East Hampton Town Police Officer Grace Peterson as the two knelt next to each other on Vichinsky's front porch."From the other side," Officer Peterson responded . Cody Vichinsky has been associated with one company, according to public records. bespoke.realestate, New York, New York600 Madison Avenue 22nd Floor New York, NY 10022T. We dont care if we are invited to parties. The brothers currently represent. Either way, its expensive, and Bespoke aggressively guards its data. For 25 million bucks youre lucky to find a house on an acre and a half, said Burnside. Located on the . The brothers say their company is the first to represent only properties selling for $10 million and above, and that the majority of homes they sell are valued at over $40 million. Pulse, The no-nonsense guide to bootstrapping a real estate business, Compass explores possibility of franchising, company says, EXp cites 'volatile housing market' for double-digit sales decline in Q4. The property is comprised of three single and separate contiguous building lots in conjunction with an adjacent 10 acre reserve. The data is public information. We went for the most common option, which was double stitching on the inside leg and seat. Powered by bespokeluxurymarketing.com. I want to win on merit. We call it the 80/20 rule. The property was originally asking $175 million, back in 2017. By submitting your email address, you agree to receive marketing emails from Inman. Cody Vichinsky Main Articles Pictures Cody Vichinsky Pictures Showing: All Launch Photostream Source: Getty Images Hamptons Magazine Memorial Day Celebration With Cover Star Hilary Swank. Officer Peterson unwrapped the umbilical cord from Isabelles neck and used a gloved hand to clear her mouth. Aug. 25 (Bloomberg) -- Bespoke Real Estate Co-Founders Cody and Zachary Vichinsky discuss selling high-end real estate to the wealthy in The Hamptons. Cody landed a scholarship to New York University, double-majoring in finance and technology, and found a job working for a cloud-computing advisor. We function in brutal honesty and transparency, and we try to instill that in everybody who works with us and for us. The Vichinskys set up their business in the form of a private equity firm, or a REIT (real estate investment trust), to function more as a corporate structure. We have converged the role of the brokerage, the independent agent, the broker, marketing, research and all those things into one super thing, Cantwell said. Your support for The East Hampton Star helps us deliver the news, arts, and community information you need. 2023 NYP Holdings, Inc. All Rights Reserved, NYPD top brass register to take Long Island police chiefs test, Inside the Hamptons trailer park thats become a playground for millionaires, A trailer in a Hamptons billionaires bunker sells for a record $3.75M, Futuristic new helicopters will bring super-rich to the Hamptons quietly, Calvin Kleins Southampton oceanfront castle estate. But to others, the data-driven approach is a new way forward in the Hamptons. Courtesy of Bespoke Real Estate. This one-of-a-kind platform created to integrate our luxury brand partners unique and customized offerings into our members personal and professional lives. How did they ultimately infiltrate the high-end market? Isnt it becoming easier and easier for clients to go online and access real estate information on their own? A heated swimming pool is served by two pavilions, each of which includes a kitchen and bath. Average Sale $18.9M Average Rental -- Address Bespoke Real Estate. You two have an extraordinary connection, even for brothers. If you are interested in joining the Bespoke Team, please fill out the form below and attach your resume. So why hasnt someone copied it? Their recently launched Bespoke Real Estate, focusing on the . Everything sort of happened the right way. What are your thoughts on giving back? It was a relatively quick deal, Zach Vichinsky said. The deal dwarfs the top pandemic-era trades in the hot Hamptons real estate market, where hedge fund manager Ken Griffin bought Calvin Kleins Southampton oceanfront castle estate, at 650 Meadow Lane, for $84.4 million. He added that taking the data approach wasnt unique to Bespoke. The one-of-a-kind luxury property also includes a carriage house and a guest cottage/gatehouse. Cody Vichinsky, whose firm represented both the buyer and seller, credits Bespokes data-driven marketing and predictive analysis of potential buyers specifically interested in such modern homes for the quick sale. Cody also spent three years as a private wealth manager for Merrill Lynch and worked in telecommunications for seven years. A buyer will say, I want to buy something and I have exhausted the market. She put it on the market for $55 million soon after her husband's 2016 death. Only 3 days left to register for Inman Connect Las Vegas before prices go up! bespoke-real-estate Zach: We enjoy learning [about other real estate markets] because they impact our clients lives and our business. The Vichinsky brothers have already had success at shaking up the status quo in real estate.The pair, who grew up about an hour away from the Hamptons in Stony Brook, New York with their blue collar father who worked as a project manager on construction jobs, conceived Bespoke as a new kind of brokerage. and Lauren was an absolute rock star. Sold Past sales data currently unavailable. 903 Montauk Highway Water Mill, NY 11976 Address Bespoke Real Estate. Accepted file types: pdf, Max. The majority of our clients, both on the buy and sell sides, are analysts by nature. Cody Vichinsky and Debra Halpert View 1 Cody Vichinsky and Debra Halpert Photos Show Debra Halpert With: Samantha Yanks , Beth Ostrosky Stern , Jason Binn , Giada De Laurentiis , Heidi Klum As Zach puts it: We have fantastic venues and good relationships with people. View from Villa Maria. The data tells you who bought a house where, who owns this LLC, he said. We eat well, we like to take trips, but simple things matter to us. More >. We are educated by clients, who have a perspective that is truly rare, Cody said. Cody Vichinsky Email Address Found 6 email address listings: @hotmail.com @mail.com @aol.com @corcoran.com @1010data.com +1 more; Cody Vichinsky Phone Number Found 4 phone numbers: 631926XXXX 631246XXXX . In addition to the strategy that shapes the Vichinskys communication and marketing, theres the thought that went into business side of things, which was the foundation on which the duo launched their own venture. Bespoke For relaxation, there's a private, all-weather tennis court on the grounds. Skip In 00 : 02 prev next. $10M listing or bust: Breaking into luxury real estate without being rich, Zach and Cody Vichinsky see themselves as disrupters in the way that high-end real estate is analyzed, marketed and sold, What you need to know to start your day with all the latest industry developments. Since launching Bespoke Real Estate in 2014, Zachary and Cody Vichinsky have become major players in the luxury real estate market, honing in on properties valued at $10 million or more. Ms. Vichinsky was discharged a day and a half later. One other aspect of this transaction that wasnt publicly disclosed at the time: Bespoke had reduced the sellers commission rate to 1%, down from the typical 2% to 3%. But that was for the average home. In the works, for instance: the firm is putting together an invite-only VIP program called Private Circle that will give members access to exclusive events and experiences like complimentary at home IV treatment or access to Art Basel. That takes these big risks that are in the Hamptons Water Mill, 10022T! Info changes your support for the East Hampton Star helps us deliver the news, arts, and principles... The one-of-a-kind luxury property also includes a kitchen and bath you need of how to build a house on acre. 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