Tiny houses aren't just for minimalist couples looking to downsize — they're for rich Hamptonites, too.

At least, they will be if retail entrepreneur Christopher Burch's latest venture, Cocoon9, catches on. 

Along with his lifelong friend Edwin Mahoney, Burch is elevating the way we think about prefab, tiny houses. 

“The goal was to create a thoughtfully designed product that is simple and elegant and can be used for many different functionalities,” he told the New York Times.

Basically, he's marketing three modular units (from 160 to 480 square feet) as "plug and play" pool houses, guest houses, or other additional structures to sit alongside existing luxury homes. The smallest, 160-square-foot unit starts at $75,000. 

Burch told the Times that the houses — of which he has sold one so far — are delivered within 16 weeks of the order date, compared to his competitors, whom he claims take 12 to 16 months to deliver.

The three existing floorplans — the Cocoon Cabin, Cocoon Studio, and Cocoon Lite — represent a combined effort by Burch's design team in Shanghai and Mahoney's home building company.

The Studio and Cabin styles check in at 480 square feet and start at $225,000; premium versions of these designs are available for $20,000 and $50,000 more, respectively.

But buying the units is not the only cost involved in installing one of these tiny prefab houses. You must first build a foundation on which it will sit, secure permits for its installation, rent a crane, set up utilities, and pay for shipping, all of which could cost up to $85,000, according to the New York Times.

The structures come complete with cabinetry, concealed shelving, a kitchenette, a bathroom, and a Murphy bed.

Burch told the Times that he started playing with the idea for Cocoon9 about four years ago, which was around the time he launched C. Wonder, a now-shuttered lifestyle brand that quickly rose to fame and suddenly crashed into bankruptcy this January. Burch is the ex-husband of designer Tory Burch and was a co-founder of her $3.3 billion fashion brand. 

Beyond residential use, Burch thinks the units could be used by hotel developers wishing to create eco-friendly beachside resorts. Each design features a steel composition that can withstand winds up to 150 mph, insulated walls to cut down on heat and a/c use, and the use of LED lighting and non-toxic materials. 

The company currently has a prototype of the Studio model at the Mecox Gardens home goods store in the Hamptons. It's actually the one and only Cocoon unit that's spoken for. Next it will travel to New Canaan, Connecticut to serve as a pool house and home office for financier Spencer Grimes and his wife Lindsay.

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Each year, Ivan Wilzig, aka Sir Ivan, hosts a lavish summer party at his castle in the Hamptons. Known as the "Playboy Mansion of the Hamptons," Ivan's annual bash never fails to impress.

This year, the ex-bank executive, who is now a singer and musician, was celebrating his newest song, the anti-bullying anthem: "Kiss All The Bullies Goodbye."

Wilzig, a New Jersey native and the son of an Auschwitz survivor, graduated from the University of Pennsylvania and earned a law degree at the Cardozo School of Law. 

After graduating he helped his father and brother run the Trust Company of New Jersey, but he never totally lost his childhood passion for music. In 2000, after 25 years in banking, he left the industry to become a rocker.

All proceeds from the weekend event, as well as Wilzig's record sales, go to the Peaceman Foundation, a nonprofit he founded to combat hate crimes and bullying.

Business Insider received a special invite to the party the weekend of August 22 and documented the night. There were endless amazing costumes, special celebrity guests, and even a special performance by Sir Ivan himself. 

SEE ALSO: Meet Sir Ivan, The Ex-Bank Executive Who Runs The Playboy Mansion Of The Hamptons

Guests arrived to find Sir Ivan's castle lit up rainbow-style. The Peaceman Foundation, which was founded by Wilzig, focuses on supporting LGBT youth who have been affected by bullying, as well as veterans who suffer from PTSD.

Upon arrival, people were already getting into the groove, dancing in gazebos on the lawn and on the inside stage.

Food was served, and guests chowed down on the beautiful lawn.

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Democratic presidential candidate Hillary Clinton is seeking respite from the grueling campaign trail in a lavish rental house in the Hamptons hamlet of Amagansett.

But her stay in the $50,000-per-week home isn't exactly a vacation.

Hillary is expected to visit four campaign fundraisers in her name while on Long Island, according to The East Hampton Star.

Bill Clinton was relaxing in the 7,500-square-foot house before Hillary arrived on August 21. Chelsea and her family, Marc Mezvinsky and daughter Charlotte, will also be staying at the house. 

Their time at the oceanside retreat will total two weeks and cost $100,000. Keep scrolling to take a look around this incredible property. 

SEE ALSO: Take a rare look at the mansions behind the Hamptons' famously high hedges

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The six-bedroom Amagansett, New York mansion was actually rented by the Clintons last year around this same time.

The house is owned by Andre and Lois Nasser — an art collector and real estate agent, respectively. According to Daily Mail, the Nassers are Republican party donors.

Source: Daily Mail

The house has a minimal, beach-chic aesthete, with water views and private beach access.

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Beach weekends are a staple for any New Yorker's summer schedule, but weary urbanites must factor in the extra hours in traffic or on the train to get to their seaside escape.

For upper-crust Manhattanites — OK, and Park Slope dwellers, too — transportation stresses don't exist. They can hop in a seaplane and arrive at one of various quintessential beach locations.

Produced by Eames Yates.

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Getting to the Hamptons can be a real drag on the 1%. 

Blade, an aviation startup cofounded by former Sony and Warner Music Group exec Rob Wiesenthal and GroupMe cofounder Steve Martocci, aims to make it a little easier on you. 

Blade uses an app to crowdsource flights on helicopters and seaplanes that you can book seats on in an instant. Rather than have you spend hours on a slow train or in a cramped car, Blade's flights promise to get you out to the Hamptons in just 40 minutes. 

Destinations include Quogue, Southampton, East Hampton, Montauk, Nantucket, Martha's Vineyard, and Cape Cod. You can even snag a seat on a helicopter going to one of the New York area airports, a five-minute ride the company calls Blade Bounce. 

Tickets range from $395 to $695 for a trip from Manhattan to the Hamptons, Blade's most popular destination. For a few hundred more dollars, you can do a custom charter flight to a destination of your choice, and you can even choose to fly on a faster aircraft if you'd like. 

Socialites, celebrities, and elite businessmen are catching on — Laura Prepon, Jon Hamm, and Olivia Palermo are just a few of the big names that have been spotted in one of Blade's three luxury lounges in Manhattan. 

Blade completed a $6 million Series A funding round in May of this year. Google chairman Eric Schmidt, Discover Communications CEO David Zaslav, IAC's Barry Diller, Alex von Furstenberg, Raine Ventures, and iHeart Media chairman Bob Pittman all contributed to the startup's most recent round. 

We wanted to see what the fuss was about, so Blade treated us to a trip to the Hamptons on a recent evening. 

SEE ALSO: The 'Uber of seaplanes' is taking elite New Yorkers to the beach

Our journey began in Blade's 34th Street lounge, where we found a comfortable setup of couches and stools along a sleek bar. Several men were already making themselves comfortable when we arrived. The average Blade client is 31 years old, and 55% are male. They come from a variety of industries, from finance and real estate to tech. "You can't beat the on-demand aspect," Jarrett, a Blade customer who works in Manhattan real estate, told me.

Customer experience (or C/X in Blade lingo) representatives Jessica Rooney and Erin Mulcahy were there to help. They're wearing uniforms that were custom designed by Jimmy Choo founder Tamara Mellon just for Blade. There are two separate uniforms: a denim romper that retails for $695 and a white jumpsuit that costs $895. Both are available for purchase on Mellon's site or at her pop-up shop in Southampton.

Check out Tamara Mellon »

Once you check in, you'll get a wristband that corresponds to your flight.

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Hedge fund billionaire David Tepper bought an oceanfront mansion in Sagaponack, New York, in 2010 from Jon Corzine's ex-wife for $43.5 million.

The following summer, Tepper tore down Corzine's former summer home to build a mansion twice the size.

Tepper and Corzine had worked together at Goldman Sachs. Tepper left to set up the hedge fund Appaloosa, which now has about $20 billion in assets under management, after then-CEO Corzine decided against promoting him to partner. 

"You could say there was a little justice in the world,"Tepper told New York Magazine when discussing the renovation plans to the home in 2010.

Tepper's sprawling mansion is now complete.

Aerial photographer Jeff Cully was kind enough to share some photos he took during a recent helicopter ride.

We've included a history of the construction of Tepper's summer abode

Here's what the property looked like in 2012, after Corzine's old home was demolished.

By June 2012, the frame of the house had been built. It was clear that it would be massive.

In January 2013, the construction had made a great deal of progress.

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When the Hamptons ran out of rosé in 2014, Instagram sensation The Fat Jewish decided to take matters into his own hands. And so White Girl Rosé was born. But what do girls really think of the wine? We decided to find out.

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This was not Vince and Louise Camuto’s first rodeo. Upon winning the bidding war in 2005 for Villa Maria (named by the Roman Catholic nuns who once operated it as a convent), the couple already owned other great estates in the Northeast.

The couple’s Greenwich, Connecticut, home — a museum-like castle with a hall of mirrors and Versailles-inspired music room — earned a feature in Harpers Bazaar.

However, despite the Camutos’ experience with historic homes, not to mention their fortune from several entrepreneurial endeavors (including the Nine West brand that the late Mr. Camuto founded), dealing with the villa’s water damage and rot was no small undertaking.

During the six-year renovation, Mrs. Camuto, who has a background in interior design, worked alongside Andre Tchelistcheff Architects to take the estate back to the era in which it was built. It was 1919 when shipping magnate Edward P. Morse erected the home, so plans for 1920s grandeur with 21st-century conveniences were drawn up.

A loggia to the carriage house was added, as well as a pool, a pool house, and new landscaping. Today, the 11-bedroom, 22,000-square-foot home looks impeccable. Its views over Mecox Bay and the privacy of the surrounding 15-acre lot make Villa Maria a true standout in the Hamptons, and worthy of Architectural Digest’s pages upon the estate’s completion in 2013.

The home is currently listed with Sotheby’s International Realty for $85 million. (Inquiries: Harald Grant, 631-227-4913)

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Summer may have the beach, but fall brings a cornucopia of festivals and autumn attractions at America's farms. 

At Hank's Pumpkintown in Water Mill, New York, families can go apple picking, enjoy a wagon ride, stock up on fresh apple pie and cider doughnuts, watch pig and duck races, and of course, wander the corn maze. 

Aerial photographer Jeff Cully of EEFAS captured the maze from above. See if you can figure it out!

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A Hamptons home that belonged to the same family for more than 30 years has finally sold after more than a year on the market, according to The Wall Street Journal.

Dating back to 1904, this Water Mill mansion previously belonged to Jack Nash, the co-founder of the hedge fund Odyssey Partners.

Nash died in 2008, and his wife, Helen, had put the house on the market with Corcoran and Harald Grant of Sotheby’s International Realty.

Though realtors had originally hoped to get $38.5 million for the home, it finally sold for $27 million — a 30% reduction.

The home sits on Mecox Bay and includes panoramic ocean views and even a livable water tower.

Alyson Penn wrote an earlier version of this story. 

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This expansive, waterfront Hamptons property belonged to the Nash family for 30 years.

The compound sits on six acres and has 500 feet of land fronting Mecox Bay.

The property is said to have stunning Linden maple and dogwood trees.

Some people escape to The Hamptons to party, others to catch a wave.

Reading and basking and generally behaving like a writer on retreat appear to be the speed for this little cottage in the Long Island enclave of North Haven.

The 600-square-foot, rustic dwelling is listed for $550,000, which Curbed Hamptons says is about right for the neighborhood.

It has two bedrooms and one bath, plus a free-standing artists’ studio.

Located an easy walking distance to shopping and beaches on Sag Harbor and Noyack bays, the home sits on a smidge more than a fifth of an acre, perfect for retreating into the quiet of nature — or for building a bigger home.

The listing agent is Mary Ann Cinelli of Brown Harris Stevens.

Related:

• Tiny Homes Under 400 Square Feet
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Feast your eyes on "Eothen," which is Greek for "from the east." 

A slice of Hamptons paradise that once belonged to Andy Warhol just sold for $50 million — a record for Montauk, listing agents told the Wall Street Journal.

The family behind Arm & Hammer baking soda built the estate as a mere fishing camp back in the '30s. Pop art godfather Andy Warhol then scooped up the compound in the '70s for a mere $220,000, hosting the likes of Jacqueline Kennedy Onassis, the Rolling Stones, and John Lennon.

The most recent owner was J. Crew Group CEO Micky Drexler, who purchased the property for $27.5 million in 2007.

Originally part of a 21-acre estate with a separate 24-acre horse farm across the street, the property has now been divided up. The Warhol Estate donated 15 of the estate's acres to a nature conservancy, and the newest buyer, art gallery owner Adam Lindemann, elected not to purchase the horse farm, which is still currently on the market.

Douglas Elliman's Ronald White and Paul Brennan had the listing. 

Brittany Fowler contributed to an earlier version of this article.

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J. Crew CEO Mickey Drexler bought the 30-acre, oceanfront property for $27 million in 2007.

Eight years later, the compound — which includes six cottages restored by architect Thierry Despont — has sold for almost double that amount.

The home fronts the serene Montauk coast, and the kitchen nook's bay windows make full use of that.

Serial Hamptons house flipper and hedge fund manager Scott Bommer is selling his three Lily Pond Lane properties, and he’s getting $110 million for them in an off-market deal.

Bommer, of SAB Capital, is reportedly in contract to sell the properties. If it closes, it will be the second most expensive purchase in the Hamptons on record and the fifth most expensive residential purchase in the country.

The most expensive Hamptons transaction was activist investor Barry Rosenstein’s $147 million purchase of an 18-acre East Hampton property.

Compass’ Ed Petrie brokered the deal, the New York Post reported.

In 2014, Bommer bought 93 Lily Pond Lane, 101 Lily Pond Lane and 97 Lily Pond Lane for $93.9 million. Bommer bought the three properties from two different owners. Telecommunications executive Allen Salmasi sold him one plot while financier Maurice Cunniffe sold him the other properties.

Spread across 6.4 acres, the three properties include 284 feet of oceanfront, and a one-story, 4,500-square-foot, five-bedroom home built in the traditional Hamptons shingled style.

The deal comes after the news that Bommer, who had $1.1 billion in assets at the end of 2014, would be giving back most of his investors’ money, the Post reported.

Bommer has flipped properties in the Hamptons before. In October 2014, he finally sold a historic oceanfront estate in Southampton for $16 million. Earlier that year, he sold another Southampton estate — called Wooldon Manor — for more than $80 million just a year after buying it for $75 million. [NYP]

SEE ALSO: Take a rare look at the mansions behind the Hamptons' famously high hedges

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Hedge fund billionaire Steve Bommer has sold his beachfront East Hampton property for a whopping $110 million.

The buyer, Page Six reports, is natural gas billionaire Michael S. Smith, CEO of Freeport LNG.

The deal makes the 6.4-acre estate, located in New York's most sought-after beach playground, the second-priciest residential property ever sold in New York state — and the fifth-priciest ever recorded in US history. Tech-driven real estate platform Compass managed the sale, with broker Ed Petrie.

Bommer, of SAB Capital Management, has a history of flipping pricey Hamptons homes; he's done it with three other properties. This particular sale combines three original parcels, coming to a total of 283 feet of prime oceanfront property. Included in the deal is a 4,500-square-foot five-bedroom mansion, a few other houses, a tennis court — and that pristine pool. 

Take a look at the photos, below.  

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When Bommer bought the triplet of properties in late 2014, he paid $94.9 million.

Source: Zillow

The main house is a single-story 4,500-square-foot five-bedroom estate designed in a refined classical style.

Manicured lawns and a contemporary pool overlook the ocean beyond.

Goldman Sachs CEO Lloyd Blankfein has been trying to sell one of his Hamptons homes since 2007, but he hasn't found a buyer yet despite dropping the price by $4 million.

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NEW YORK (Reuters) - The market for luxury homes in the Hamptons, the summer playground for Wall Street's wealthiest, is losing some of its luster as financial markets limp along for a second year.

The average price of the 10 most expensive homes sold in this cluster of towns, villages and hamlets on Long Island's east end was $35.5 million in 2015, 20 percent lower than the $44.6 million recorded the year before, according to real estate brokers Town & Country Real Estate in East Hampton.

That is far from calamitous given it is the second-highest average top 10 price ever and up from just $15.9 million in 2009, the year the market bottomed during the financial crisis.

But for Judi Desiderio, who has been active in Hamptons real estate for three decades and is now Town & Country's chief executive, it is still a meaningful decline.

Her maxim is that record sales prices are only shattered following outstanding years for U.S. stocks and that the Hamptons real estate market goes in cycles in lockstep with Wall Street's fortunes. Excluding dividends, the S&P 500 benchmark stocks index lost 0.7 percent last year and is down about 1 percent so far this year.

The top 10 numbers may be skewed by one or two of the highest priced sales but the softness is also reflected in a wider survey by brokerage Corcoran Group that shows the median price for the most expensive 10 percent of Hamptons sales (57 homes), declined about 4 percent to $7.6 million in the fourth quarter of 2015 from a year earlier.

Desiderio said the next boom may not happen for some years. "We won't see this again until 2021 as it seems to run in seven-year cycles," she predicted.

Wall Street's performance and luxury home prices in the Hamptons are inextricably linked, especially the level of bankers' bonuses as they often finance second homes, said Anthony DeVivio, managing director in the Hamptons for another brokerage, Halstead Property.

The average bonus from a Wall Street bank was likely 5 percent to 10 percent lower in 2015 than the previous year, the first decline since 2011, said Alan Johnson of compensation consulting firm Johnson Associates Inc.

Hedge funds also have struggled, with an average return of just 0.04 percent last year, according to the Barclay Hedge Fund Index. In 2014, it wasn’t much better – with a 2.88 percent gain.

Mega deal

Still, real estate brokers see the weakness in the Hamptons as a modest correction rather than something much worse.

"It's not something that's going to kill the market," said DeVivio.

It certainly didn't prevent hedge fund manager Scott Bommer from being able to ink a deal to sell his ocean-front property at Lily Pond Lane in East Hampton for $110 million, the New York Post reported last month, one of the few times the sale of a home has topped $100 million in the United States.

Bommer, who shut his SAB Capital in late December, bought the property – which is a combination of three addresses - for $93.9 million in 2014. The Post identified the buyer as Michael S. Smith, chief executive of natural gas company Freeport LNG.

The 6.2-acre estate includes a century-old five-bedroom home on a back lot. The ocean-front lot has an 8,000-square-foot stucco mansion with seven bedrooms, and eight full bathrooms, along with a swimming pool, said broker Ed Petrie of Compass, who declined further comment because of a confidentiality agreement.

"It's the best of the best, and people are going to pay a premium for the best of the best," said Susan Breitenbach, a top broker in the Hamptons who notched $333 million in sales last year for the Corcoran Group.

In 2014, billionaire investor Barry Rosenstein of Jana Partners paid $147 million for ocean-front property in East Hampton, a record for U.S. residential sales. The prices of luxury homes surged that year after U.S. stocks soared 30 percent the year before.

While the luxury end of the market may be softening, the overall market in the area remains solid.

When all fourth-quarter sales are included, the median sales price rose 3 percent to $1.12 million from a year earlier, according to Corcoran's figures.

The brokers say the market for homes listed under $5 million is poised for higher prices, with steady or better sales volume as demand appears robust and the supply of homes for sale is low.

Traditionally the high level of wealth among the buyers of homes in these beach communities makes it somewhat protected from market gyrations, though not fully.

"There are two markets right now," said DeVivio. "On the low end it's clearly still a seller's market, and on the high end it's clearly a buyer's market."

Ernest Cervi, regional senior vice president at Corcoran in Bridgehampton, said the median sale price was up every quarter last year while the inventory of homes for sale was in decline.

"Our inventory has been decreasing since 2011, so I think the market is in a good place right now," Cervi said.

(Reporting by Herbert Lash; Additional reporting by Lawrence Delevingne in New York; Editing by Martin Howell)

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The Hamptons are the summer playground of wealthy New Yorkers. They're also home to some of the most expensive real estate in the country — the Hamptons zip code of Sagaponack, for example, topped our list of the priciest places to buy in the country. 

According to a recent report from Douglas Elliman Real Estate, the number of home sales in the Hamptons market is down by 19.2% this year, perhaps because of trouble on Wall Street. Still, that means plenty of high-end homes are still up for grabs.

With the help of real estate site StreetEasy, we've rounded up the most expensive properties currently on the market in this Long Island enclave of exclusivity, which ranges from stately Westhampton in the west to beachy Montauk in the east. Of the 21 priciest listings, the bulk are located in super-rich Southampton.

Median sales prices may have dropped about 34% for luxury listings in the first quarter of this year, but these homes are still up for eye-watering prices.

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21. Starting things off at just under $30 million is this idyllic country-style estate. A hidden enclave of 14 acres with its own custom pond, the six-bedroom home is cozy and spacious, with exposed timber beams and fireplaces throughout.

Location: Bridgehampton

Price: $29.995 million

20. At $32 million, the prime draw of this simple beachside home is its proximity to water, Southampton address, and privacy. With a total four acres, and over 260 feet of waterfront, there's plenty of room for development, too.

Location:Southampton

Price: $32 million

18 (tie). At $32.5 million, this classic Southampton waterfront estate offers all the Hamptons essentials: panoramic beach views, five bedrooms, and pale blue shingles.

Location:Southampton

Price: $32.5 million

If you're staying in the Hamptons for a month, the best way to go is the Sandcastle estate in Bridgehampton, New York.

With 31,000 square feet of insane amenities — like a movie theater, bowling alley, walk-in refrigerator, wine room, climbing wall, basketball court, private gym, and spa — it's highly unlikely you could ever get bored. 

All that doesn't come cheap, however: the mansion is listed for rental at the cost of $1 million a month, or $500,000 for a shorter term.

It was built by legendary Hamptons home builder Joe Farrell, and was offered for sale as recently as 2013, according to the Real Deal. Though Farrell received his $43.5 million ask, he ultimately decided not to sell the house so that his family could make use of it, which he told The New York Post was a "very tough decision."

It regularly draws celebrity renters, including Jay Z and Beyonce, who reportedly paid $400,000 to stay in the house for a month in 2012.

Gary DePersia at Corcoran has the rental listing.

Julie Zeveloff and Callie Bost contributed to an earlier version of this story.

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The Sandcastle sits on 11.5 acres on swanky Halsey Lane in Bridgehampton, New York.

It has about 31,000 square feet of living space.

Here's the formal living room, complete with an intricate ceiling design and fluffy pillows.

Goldman Sachs CEO Lloyd Blankfein finally sold his Sagaponack, New York, estate, according to The Wall Street Journal.

First listed all the way back in 2007 for $14 million, the mansion has undergone a series of listings and price changes, the highest of which was $17 million in the summer of 2015.

The most recent listing was for $13 million, though it's not clear what the final selling price was.

In 2012, the CEO bought another house in Bridgehampton worth $32.5 million, which is reportedly the reason he elected to let go of this one.

Blankfein bought the property in 1995 and commissioned architect Larry Randolf and builders Men at Work to complete the mansion in 2001. The property has seven bedrooms, five full baths, a heated pool, and tennis courts, according to the listing.

Susan Breitenbach of the Corcoran Group handled the listing as of the sale.

Lucinda Shen contributed to an earlier version of this post.

SEE ALSO: Inside the enormous Hamptons mansion where celebrities like Beyonce and Jay Z regularly stay for $1 million a month

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Welcome to Lloyd Blankfein's summer home in Sagaponack, New York. Architects capped off the romantic estate with a barn-style roof.

The front doors open into a simple foyer. Light streams in from floor-to-ceiling windows on nearly every wall.

Take a seat in the summery, beige-and-cream-colored living room.

Last year, Tesla took aim at one of its key markets: the affluent Hamptons, a strip of town stretched out across the coast of Long Island's South Fork, long a vacation destination for New York City's moneyed elites.

The 2015 edition was a "pop-up" store. Adorned with Tesla branding and built from shipping containers, it welcomed potential customers in Southampton for five weeks.

The concept was so successful that Tesla is opening a full-blown store in 2016, located in East Hampton (Tesla is also opening a vacationer-oriented store in Massachusetts' Cape Cod).

But opening in this location comes with inherent risk because many people leave after the summer months.

Automotive News reported that the new store would experience a major slackening off in business during the non-summer months, but that Tesla assumes interest from Memorial Day to Labor Day will be strong enough to make the effort pay off.

Last year, Tesla offered test drives in the Model S sedan, but wasn't able to sell anyone a car. In New York, Tesla can sell cars to consumers on only a limited basis, using its direct-sales model. Interested buyers can go online after sampling a vehicle and arrange to buy, taking delivery at a later date.

The electric-car maker now has an additional vehicle to sell. Last fall, after the Hamptons pop-up location closed, Tesla launched its Model X SUV.

SUVs are extremely popular in the Hamptons, where wealthy families journey from New York City to their summer homes. A trip on the Long Island Expressway or around 120 miles one-way would consumer about half the Model S or Model X's battery range. 

There are currently no Supercharger locations in the Hamptons, so a complete Tesla store will be a welcome addition to owners who don't have access to fast charging. (The Supercharger network is Tesla own system of fast-charging station, where a vehicle can be fully rejuiced in about an hour, rather than overnight as is the case with slower systems.)

Tesla is under pressure to deliver substantially more cars in 2016 than 2015, when moved just over 50,000 vehicles. The company is guiding to 80-90,000 deliveries in 2016, and CEO Elon Musk has set an ambitious, accelerated 2018 target of 500,000 vehicle deliveries.

The Tesla store in the Hamptons will join a new location in Brooklyn's Red Hook neighborhood that opening earlier this year.

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