GREENPORT, NY — MACRE Properties is pleased to announce their participation in a structured equity financing for North Fork Cottages & RV Resort (“North Fork Resort”) to fund the transformation of a legacy campground into North Fork Cottages & RV Resort — a 23-acre, high-end outdoor hospitality destination located in the heart of Long Island’s North Fork.
Previously operating as a Class-C RV park, the property is now undergoing a multi-phase, $3 million redevelopment aimed at delivering a boutique vacation-ownership resort. The project is steps from downtown Greenport and designed to capture rising demand for luxury nature-based accommodations (i.e. “Glamping”) within easy reach of the NYC metro area.
"We’re creating a next-generation resort that blends nature, design, and hospitality into one seamless experience. Our focus is on building a destination that caters to families, groups, and couples seeking to own a unique and luxurious asset in one of the most desirable areas of eastern long island." — Gary Cioffi, Co-Owner and Managing Partner of North Fork Holdings LLC
Redevelopment Now Underway
Acquired in 2019 as Eastern Long Island Kampground, the Sponsor rebranded in 2024 and began repositioning the park into a luxury RV resort. The redevelopment involves substantial upgrades to the amenities and common areas including the pool, resort-style bathrooms, a clubhouse, and fitness center to accommodate the 130+ owners that are executing long-term seasonal rental agreements for exclusive access to the resort’s RV lots.
Additionally, many of those guests are purchasing the Resort’s fully furnished park models that can also be placed into the Resort’s nightly rental pool for owner’s to generate some income while not using the asset themselves.
Investment Overview
The new capital will fund:
- Renovation and furnishing of 20 luxury rental cottages
- Construction of 5 model RV lots and 3 park-model cottages for sales
- Resort-wide infrastructure upgrades including clubhouse, fitness center, pickleball courts, and a rooftop sunset lounge
Resort Snapshot at Stabilization:
- 135 RV resort lots (available for ownership and rental)
- 20 high-end rental cottages for nightly and group bookings
- Resort amenities including pool, clubhouse, outdoor theater, and communal spaces
A Premium Asset in a Growth Market
Greenport and the greater North Fork have become a magnet for luxury travelers and second-home buyers seeking an alternative to the Hamptons. As outdoor hospitality continues to evolve, the resort is positioned to capitalize on multiple trends: growing interest in experiential travel, the mainstreaming of RV culture, and the rise of mixed-use outdoor resorts offering ownership, amenities, and hotel-style service.
"This is a real asset with real momentum. We’re offering investors exposure to a stabilized income-producing asset, backed by land, vertical development, and a high-margin operating business in one of the most sought-after drive-to destinations in the Northeast." — Gary Cioffi, Co-Owner and Managing Partner of North Fork Holdings LLC