Distinctive Management Expands its Portfolio in the Hamptons

Online, February 1, 2010 (Newswire.com) - MONTAUK, NY (Feb. 1, 2010) - Distinctive Management is pleased to announce a number of exciting developments with its luxurious resort and residential properties in the prestigious Hamptons.

Distinctive Management, a subsidiary of Distinctive Ventures LLC, has acquired management contracts with the Sea Crest on the Ocean Resort and the historic Montauk Tower. The Sea Crest, situated on 8.3 oceanfront acres between Amagansett and Montauk, offers stunning ocean views and a relaxing environment for homeowners and vacationers. The resort features an outdoor heated pool, tennis courts and beach services, as well as convenient access to restaurants, shopping, golf courses, marinas and other amenities. The property-which recently completed a multi-million-dollar exterior renovation-has studios, as well as one-, two- and three-bedroom units available for nightly rental or for sale. The units can be purchased through Distinctive Management's brokerage division and can be immediately enrolled in Distinctive's flexible owner-rental program. The Montauk Tower is a seven-story structure with 21 luxury condominiums located in downtown Montauk. The beautifully-appointed condos offer magnificent views of the ocean and bay, breathtaking sunsets and access to private parking and a heated pool.

"Distinctive Management prides itself on exceeding expectations and offering extraordinary private, luxury residences featuring stunning ocean views," said Sales Director Ed Bruehl. "The Sea Crest Resort and Montauk Tower provide exceptional ocean view value in breathtaking locations and at unbeatable Hamptons prices."

The Sea Crest Resort and Montauk Tower complement Distinctive's most prestigious property: the Panoramic View Resort and Residences. The 10-acre Panoramic View boasts amazing ocean vistas, 1,000 feet of sandy beach, outdoor heated pool and lavish hillside dwellings. The resort units are replete with kitchenettes, large picture windows, private terrace/balcony, porters and daily maid service. The newly-developed Distinctive residences are one- to five-bedroom units ranging in size from 1,500 to 6,000 square feet. "The Panoramic View Residences are the Hamptons' only full-service, turn-key oceanfront coops," Bruehl said. "They are simply the finest luxury oceanfront units on the market."

For more than 50 years, the Panoramic View has delivered the ultimate in carefree, oceanfront relaxation. Front desk, porters, housekeeping and attendants ensure that its residents and resort guests have more time to enjoy the beauty of the oceanfront accommodations. "The Hamptons was missing truly distinctive resort and residential properties-the ideal getaway, where a professional staff is always there to serve you," said Adam Manson, the Director of Distinctive Management. Distinctive Management had a very successful year in 2009, acquiring, growing and enhancing multiple properties in the Hamptons. The company is furthering its development activities with an impressive renovation of Panoramic View into luxury coops. Since purchasing the property in 2007, Distinctive Management has fully renovated two of the five buildings on the property. "The next phase of the renovation is expected to commence at the end of the summer season," Manson said.

As an added benefit, for the first time in 50 years, the Panoramic View Resort is now open all year. "This represents a terrific opportunity for our guests and future owners to experience how magical the Atlantic Ocean is during the winter months, not to mention the uncrowded splendor the Hamptons has to offer this time of year," Bruehl said.

Additionally, the Panoramic View has sold another luxury, oceanfront unit for $3.05 million. This exquisite residence has three bedrooms, three and a half baths, and 24-hour concierge services, in addition to the full amenities offered by the resort. The sale of the luxury unit is a testament to the Panoramic View's perpetual appeal to buyers in the multi-million-dollar market. Each residence at the Panoramic View reflects superior style, detailing and workmanship catering to the exacting standards of the most discerning individuals.

The Panoramic View, the Sea Crest Resort and the Montauk Tower provide the ultimate in luxury, comfort and tranquility for Hamptons residents. For more information about these Distinctive Management properties, please visit www.distinctiveventures.com or contact Ed Bruehl directly at (631) 668-3000.