In addition to his real estate ventures, Josh Guberman is a partner in Crush Wine & Spirits.
“It felt like the biggest, happiest place of my childhood,” says developer Josh Guberman of the 700-square-foot converted tack house right off Main Street in Quogue, which was his first foray into the Hamptons. At the time, the Long Island Expressway was just fully finished and the Hamptons was more potato fields than posh estates, but since then, Guberman’s Hamptons experience has grown significantly more complex.
In the Hamptons, Guberman’sCrush Wine & Spirits, the shop he opened in 2005 with pals restaurateur Drew Nieporent and wine guru RoberSchagrin, will donate a capably curated selection of vintages to Art Southampton’s preview event—as part of his company’s commitment to giving back.
As president and CEO of the New York City–based real estate development firm Core Development Group, Guberman developed more than 30 boutique buildings, many located in previously underdeveloped Manhattan and Brooklyn neighborhoods, providing him with a useful training ground for an East End expansion. Thirteen years ago, he bought former Southampton Mayor Douglas Murtha’s home, eventually gutting and renovating it and selling it to friends. Then, in 2011, he formed The Guberman Group, uniting his portfolio of projects.
Under this corporate umbrella, Guberman purchased several pieces of South Fork property, developing a “cozy” eight-bedroom home on Harvest Lane, and transforming a Pheasant Pond home that, at nearly $9 million, became one of the highest sales in the community’s history. He now hopes to exceed local expectations with a five-acre, north-of-the-highway Bridgehampton estate on Day Lily Lane. The home, which includes a 3,000-square-foot pool house and more than an acre of formal gardens, will be on the market for around $12 million. “It’s strategic, but it’s also connected to my heart,” he says of building on the East End. “It’s about creating experiences for togetherness for family and friends.”
While his staging strategy is just as over-the-top—Guberman stocks cellars with personally chosen vintages and decorates with modern art and assorted accoutrements (“a bowl of shells, an antique hourglass, beautiful birds-eye maple boxes”)—he is most satisfied with his properties’ unseen elements, “things [buyers will] never see and may never understand,” including high-quality subflooring, extra-large 1,000-gallon propane tanks, and total wall insulation. Says Guberman, “It’s taking each home and putting it together the way I’d want to live there,” he says. “We feel that part of that emotional experience is how it feels to live there, showcased in a way people can connect to.”