New York Real Estate Journal

Lark opens The Penny Lane hotel; design by KKAD Design & Arch. and Laura Patricia Studio

May 12, 2026 - Owners Developers & Managers
Photo Credit: James Reed Photography

Southampton, NY Lark, the premium development and management company encompassing multiple boutique hospitality brands, has opened its first Hamptons property, The Penny Lane, in Hampton Bays.

Overlooking a canal off Shinnecock Bay, two miles from the Atlantic Ocean, The Penny Lane reflects the water that surrounds it, with coastal design and modern amenities. In addition to its 18 rooms and suites, a private outdoor pool, and waterfront lawn, The Penny Lane also has dock space for guest use.

“The Penny Lane marks our first foothold in the Hamptons, and it’s an exciting debut,” said Lark CEO, Peter Twachtman. “Hampton Bays is a hidden gem in the Hamptons, perfect for travelers who seek authenticity, with upscale accommodations and experiences. We love the fact that the property honors its roots as a classic American motor inn, while intentionally upgrading for sophisticated travelers. We are excited to introduce guests to another side of the Hamptons – one we have fallen head over heels for.”

Designed by the award-winning team at KKAD Design & Architecture Studio and Laura Partica Studio, The Penny Lane embraces the same relaxed charm of its origins as a classic Hamptons motor inn. Custom wallpaper behind each bed pays homage to the location with bespoke Hampton Bays images. A palette of white and cream is accented by olive and sage green and wooden furniture.

Photo Credit: James Reed Photography

The Penny Lane is a waterfront hotel in Hampton Bays, known for its expansive, uncrowded beaches and bodies of water. Tucked away in a waterside residential neighborhood, the hotel is biking distance to several local restaurants, ranging from a local institution, The Station Bar, to the lively scene, sunsets and Mediterranean fare at Amalfi and other popular spots like Cowfish and Rumba. The Penny Lane echoes the feel of its location in being stylish without pretension, and modern while still embracing its past.

The property’s 18 guest rooms are spread among several buildings on the property — The Cottages, The Main House, Poolside, and Waterside. The three Cottages feature six king rooms, complete with private, covered porches. The Main House features three rooms, which share a living area with comfortable seating and may be booked individually or as a full buyout.

Three guest rooms, one of them a two-bedroom suite, are located in the Poolside building. And the Waterside building offers six guest rooms, including one two-bedroom suite, and three one-bedroom suites, whose living areas feature sleeper sofas, which may accommodate more guests, if desired.

The lounge and breakfast area at The Penny Lane is a light-filled gathering space on the first level of the main house with expansive greenhouse-style windows looking toward the pool. There, guests can relax in soft seating, browse a small retail selection, or enjoy the bar.