Southampton Town Supervisor Jay Schneiderman inked an agreement on Tuesday night with a Noyac surveyor to subdivide a nearly 4-acre lot at 362 Moses Lane in Tuckahoe into two lots, so that the town could start a new affordable housing initiative on the property.
Diana Weir, the town’s director of housing and community development, noted on Monday that the site needs to be subdivided to move forward with the project. The subdivision separates four structures on the property, owned by Mike Press’s family, before town officials could start getting to work on a design for the property.
Mr. Press sold a portion of his estate to the town for $3 million approximately 15 years ago, according to Ms. Weir. The sale included two other nearby parcels that were built for affordable housing and raffled off in a lottery in March.
Once the survey by F. Michael Hemmer and the subdivision are complete, town officials can decide what to build on the property.
“We’re very excited about that,” Ms. Weir said, noting that the construction could still take a couple of years to complete.
She envisions a home similar to the other pair of affordable houses the town built on Moses Lane and Magee Street, which were dubbed “Tuckahoe Woods.” Each of the houses was built on land donated by Southampton Town; the construction was under the direction of the Southampton Business Alliance Housing Initiative Corporation.
Those homes—one is located at 409 Moses Lane, the other at 269 Magee Street—were sold for $332,400 each. Town officials estimate that the market value of the homes would be $1 million each. The homes feature three bedrooms, two bathrooms and a full basement.