PM and Stereo Guys Fail Upwards in Hamptons

Thought being near the ferry was crucial to a Hamptons club’s survival? Hamptons.com reveals that Unik Ernest, of shuttered PM (and Merkato 55), is teaming up with Mike Satsky, of shuttered Stereo, to open a club, Lily Pond, that will be just a mile away from a helicopter pad. Which means that Escalades are no longer the most impressive thing you can pull up to a club in.

Talk Around Town [Hamptons.com]