As Housing Prices Rise, Younger People Take Off - 27 East

Real Estate News

Real Estate News / 1414537

As Housing Prices Rise, Younger People Take Off

icon 1 Photo
Affordable housing shrank on the East End between 2000 and 2010. TY WENZEL

Affordable housing shrank on the East End between 2000 and 2010. TY WENZEL

author27east on Apr 28, 2014

Call it what you will—“brain drain” or “birth dearth”—but a recent study by Community Housing Innovations Inc. claims young talent is becoming increasingly rare in towns like Southampton and East Hampton due to high costs of living as well as a lack of jobs and affordable housing and rentals.

Overall, Long Island lost 12 percent of its 25- to 34-year-olds between 2000 and 2010, according to the nonprofit housing agency. That stands in contrast to a 6-percent loss in northern New Jersey and a 3-percent gain in New York City. The study claims age disparity is most severe in Long Island’s wealthiest suburbs.

Housing Innovations found that higher income municipalities like Westhampton, which lost 57 percent of 25- to 34 year-olds, have lost far more young adults than lower income municipalities such as Patchogue, which registered a 4-percent gain.

Tom Ruhle, East Hampton Town’s director of housing and community development, said this marked sparsity of millennials that has already begun to show its face along the forks, threatening community vitality.

“Fire departments are having trouble recruiting and are having to hire year-round EMTs because they don’t have enough volunteers,” said Mr. Ruhle. “It raises the question of where are we going to be in 30 years if this continues.”

According to the 2010 U.S. Census, Suffolk County residents are already older, on average, than people across the United States as a whole—with an average in Suffolk County of 39.8 years compared to 37.2 years nationwide. Mr. Ruhle said the Housing Innovations claim that the disparity is more severe in wealthier areas can be demonstrated when dissecting the neighborhoods in East Hampton Town.

The average resident of East Hampton Village, he said, is 55.5 years old. Amagansett and Napeague came in at 52.2 and 55.4, while in Springs the average age is only 38.2 years old.

“Our population is slowly skewing older and older ... and that’s a big picture issue that we all have to look at,” Mr. Ruhle said.
Southampton Chamber of Commerce president Micah Schlendorf said the trend is affecting local businesses, whose owners are reporting increased difficulty in finding quality employees.

“A big issue we hear from chamber members is that it’s hard for them to find talented individuals to work for them—even part-time high school students to get started working for the local businesses, maybe go to school and come back and be interested in working there later on,” Mr. Schlendorf said. “That, unfortunately, seems to be diminishing because a lot of young ones are not coming back after school is over.”
Mr. Schlendorf said he believes high real estate costs, along with stigmas attached to the idea of workforce, or affordable, housing, are to blame for Long Island’s dwindling millennial population.

Eric Alexander of Vision Long Island, an advocacy organization that seeks to help local communities adapt to a changing world, suggested that towns and villages need to be willing to accommodate many young adults’ partiality to lively, walkable downtown areas.
“If Long Island wants to take advantage of young people’s preferences, which seem to be toward more urban living, we can, if we choose, adapt our downtowns to make places amenable for young people,” said Mr. Alexander. “The challenge for the East End is a lack of flexibility in allowing for the building types needed to make activities affordable enough.”

The CHI study claims millennials will continue migrating up and off-island to lower-cost urban enclaves like Brooklyn until there is a change in status quo on the literal home front, in addition to adapting downtown spaces to fit changing lifestyle preferences.
Former Southampton Town Supervisor Patrick Heaney said he believes this to be true.

“The way the zoning laws are configured in the Town of Southampton pretty much ensure that the only type of housing that will not be greeted with public outrage, public opposition or lack of political will is a small McMansion—and that’s discouraging,” Mr. Heaney said. “Someone who just gets out of college doesn’t have the equity to buy a house or a condo, so communities need to realize that if we were to ever put flesh on the bones of the ideas in our Comprehensive Master Plan, we need to have the courage to implement the ideas that appear in these studies.”

Mr. Heaney, legislative director for the Southampton Business Alliance, said he hopes the current Town Board will adopt legislation that creates standards for multifamily housing proposals to be directed immediately to the Planning Board if proper criteria is met.

“That way there could be a rational discussion based on the need for housing rather than the topic of multifamily housing in a Town Board room, where it’s just politicized,” Mr. Heaney said. “I say that because I was there. I know how difficult it is to get affordable housing.”

Current Supervisor Anna Throne-Holst did not return a call for comment.

The Southampton Housing Authority is currently partnered with developer Georgica Green Ventures on a proposed affordable housing project called Sandy Hollow Cove, which 25-year-old Tuckahoe resident Noelle Bailly, who works in real estate, said she opposes in favor of accessory apartments in private homes.

“It’s a really small lot, so we’re basically trying to figure out who’s behind it and why it has to be on this piece of property and why they’re forcing 28 rentals and now they’re calling it workforce housing,” said Ms. Bailly, who added she does not believe there is a local “brain drain” of her age group.
To her, the loss of local young people is a natural progression, not a problem. “Kids go,” Ms. Bailly said. “They go. I’m not from here. I’m from Montana. I left Montana and somebody goes and takes my place in Montana.”

You May Also Like:

New Construction in Montauk Sells for a Nonwaterfront Record Price

A newly constructed modern home in Montauk just set a record for the highest price ... 9 May 2025 by Staff Writer

Protest Entry Challenges Hamptons Real Estate Monoculture

A Noyac architect took a different tack with his entry into this year’s AIA Peconic ... 7 May 2025 by Brendan J. O’Reilly

Hamptons Median Home Price Reaches $2 Million for the First Time

The first-quarter home sales reports for the Hamptons real estate market are in, and it’s positive news all around. The number of sales, the median sales price and the amount of inventory were all up, according to three different reports issued by area real estate firms. For the first time, the median sales price on the South Fork reached $2 million. The Elliman Report found that the $1 million to $5 million range dominated the Hamptons market, with sales nearly doubling. Across all price points, it was the sixth consecutive quarter of annual sales gains, and the number of sales ... 30 Apr 2025 by Brendan J. O’Reilly

UK Developer Buys Further Lane Property for $12 Million, Begins To Build Anew

At the end of last year, Paul Brennan and Martha Gundersen of Douglas Elliman quietly ... by Staff Writer

Going Once, Going Twice: Auctions Are an Alternative to Traditional Real Estate Listings

In the ultra-luxury market, the delta between a seller’s lofty expectations and the price that ... 23 Apr 2025 by Brendan J. O’Reilly

Agency News: Agnes Wanielista Joins Douglas Elliman

Agnes Wanielista, a salesperson with 10 years of experience in luxury real estate, has joined ... by Staff Writer

1884 Rosemary Lodge Hits the Market

A Water Mill house that was built in 1884 and was listed on the National ... 15 Apr 2025 by Brendan J. O’Reilly

Real Estate, Money and You

“Real Estate, Money and You,” a real estate investment seminar, was hosted by Douglas Elliman ... 10 Apr 2025 by Kelly Ann Smith

Ellie Awards Recognize Top Performers

On Wednesday, March 19, Douglas Elliman announced the winners of the 2025 Ellie Awards, which honor the firm’s top-performing agents throughout the nation. “Since stepping into this role at Douglas Elliman, I have been deeply inspired by the dedication and resilience our agents show every day as they navigate an ever-changing market,” said Michael S. Liebowitz, the president and CEO of Douglas Elliman Inc. “Their expertise, entrepreneurial drive, and commitment to excellence not only set them apart as real estate professionals — they are the source of our reputation for providing the highest level of client service. I look forward ... 26 Mar 2025 by Staff Writer

East Hampton's Butterfly House Is on the Market

An East Hampton home known as Butterfly House, which exhibits the butterfly roof design that ... 21 Mar 2025 by Staff Writer