One of Montauk’s last affordable seafood bastions has been gobbled up by another group of deep-pocketed investors — but Side Dish has learned that these father-son buyers are vowing to keep it budget-friendly.
Gosman Dock, named for the family that has run the Montauk mainstay for eight decades, was sold last month to Stephen Dekoff and his son, Stephen E. Dekoff.
The deal, priced at an undisclosed price, follows Elder Dekoff’s recent purchase of Infamous “Pedophile Island” is owned by late alleged sex trafficker Jeffrey Epstein In the US Virgin Islands.
Gosman — who comes with some legal baggage of his own after two family members were convicted of illegal commercial fishing — has been a fixture for locals and summer visitors, including Dekoff.
“Montauk and eastern Long Island have played a major role in my family’s life for decades and I am thrilled to establish a significant business presence in the iconic Gosman estate for my son Stephen,” said the father, who founded Black Diamond Investment Group. “Excited for the opportunity.” , told Side Dish in an exclusive interview.
The waterfront complex – which began as a chowder stand in 1943 – It consists of nine separate parcels, including a large seafood restaurant, six retail shops, wholesale and retail fish markets, housing for seasonal employees, a marina, fishing charters, boat rentals and 11.6 acres on Montauk Harbor. Includes vacant land.
The purchase includes an option to build a 46-room hotel – a major incentive extremely rare considering new construction is permitted on the East End.
Gosman’s doc was last asking $45 million. It had been on and off the market since 2006, when it was priced at $55 million. Deckoffs said they paid less than $45 million asking price.
Stephen E. Dekoff said, “I think we were attracted by the price we could acquire it for and the fact that it’s a beautiful piece of real estate on the water.”
The Dekoffs said they plan to preserve, not replace, the properties to keep them affordable.
The dock will reopen for the season next April without any major changes, with renovations beginning after the summer crowds have gone.
Gosman’s name will remain, and some Gosman’s Family members are expected to help run various businesses.
“Everyone is worried that someone will come in and disrupt what we all love about Montauk, and that’s not our intention. We’re connecting with what makes Montauk great,” said the younger Dekoff.
Both father and son spent their childhood summers in the Hamptons, and they spend every August docked in Montauk on their 80-foot fishing boat.
“I remember having my first lobster roll at Gosman’s as a kid,” the son recalled.
“We will strive to meet the needs of both markets, locals and people from other parts of New York and the Hamptons. we will operate [the assets] No major revisions were made to pricing.”
However, two members of the Gosman family, Brian and Asa, will not be in the courtroom next year.
Two Convicted on one count of criminal conspiracy in a decade-long criminal investigation into illegal commercial fishing and will be sentenced Nov. 12 in federal court in Central Islip.
The Gosmans must pay $725,000 in restitution.
their friends Christopher Winkler was sentenced to 30 months in prison in July For the illegal harvesting of 200,000 pounds of fluke and black sea bass worth at least $750,000.
Gosman’s sale comes as other Private equity groups buy seaside Montauk hotels,
Once known as the “Un-Hampton” for its rustic charm, most of the prestigious mom-and-pop businesses have been gobbled up by big money flowing into the still-active fishing town.
In 2022, Blue Flag Partners paid $35 million for two large purchases near Gosman Dock: $15 million for Montauk Haven and $13.5 million for Sunset Montauk. The deal included two adjacent parcels and three oceanfront lots.
That same year, Gurney’s Star Island – not to be confused with the famous Gurney’s Resort – was sold to Safe Harbor Marinas for $149.4 million. It was the largest commercial transaction in Hampton’s history.
The property is now known by its original name, the Montauk Yacht Club.
