ClearingHouse eXchange Consignment Store & Estate Sale company

Residence magazine

High end consignment shop opens new store

Anyone looking to do some antique shopping this weekend? Victoria Collett and James Nicolino have opened up a new offshoot of their Clearing House consignment shop in Greenport on the North Fork. The business partners already own The Clearing House in Southampton, which opened three years ago and now has over 200 consignors. Offering artwork, furniture, drapes, lamps, rugs and antiques among others, most pieces sell for 25 to 75 percent of their original retail price. An aggressive mark-down policy‹ 20 percent taken for every month the item remains in the store for up to four months‹ ensures a quick turnover of selection. The savvy shopper knows that consignment shops are like high-end thrift stores, offering pieces that are often as good as new, but for bargain prices. The Clearing House, which has already become a well-known Hamptons favorite, also holds on-site tag sales and plans to eventually expand to a third branch.‹Ashleigh Crowther

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