Grant Will Help Partnership To Refine Farmland Conservation - 27 East

Real Estate News

Real Estate News / 1411277

Grant Will Help Partnership To Refine Farmland Conservation

icon 2 Photos

author on May 11, 2015

The State Department of Environmental Conservation and the Land Trust Alliance recently awarded the Peconic Land Trust a grant that will be used to help Southampton Town improve its farmland preservation strategy.

The $40,000 grant was distributed through the Conservation Partnership Program of the state’s Environmental Protection Fund. It enables the trust to work with the town to review and revise the town’s 1998 Farm and Farmland Preservation Strategy, as well as develop new tools and plans to conserve remaining farmland, which is considered at risk of extreme development pressure.

Having worked with the town and the agricultural community to prepare the 1990s strategy, “we are uniquely positioned to review and update it in the face of new, unanticipated challenges that threaten our farms and farmland,” said John v.H. Halsey, president of the Peconic Land Trust in a release. “We are the canary in the coal mine, and other parts of New York State will benefit by understanding our successes and failures as we reinvent our preservation tools.”

That revised strategy will involve identifying present-day challenges faced by farmers and the town, such as the dramatic increase in the value of protected farmland as a result of purchases by non-farmers for use as an amenity, according to Dawn Haight, Conservation Design Manager at the Peconic Land Trust.

Even land that cannot be developed has skyrocketing value at the high end of the real estate market, since it can be acquired and stitched onto a nearby building lot, creating single-family estates of 20, 30, even 40 acres, which are selling for astronomical, eight-figure prices in the current market. Affluent landowners see the farmland as valuable acreage to enhance an estate, or expand a vanity horse farm.

The trust will make recommendations to the Town Board on options the municipality has to pursue farmland preservation—”strategies that can be customized to achieve the mutual goals of the town and farmland owners and ensure that the town’s agricultural heritage endures,” said Ms. Haight by email.

“Like all good policy, these programs and approaches must be re-evaluated from time to time in response to changing conditions and needs, and this grant offers a timely opportunity to do so in a comprehensive way with the assistance of a highly capable and well-informed organization,” stated Southampton Town Supervisor Anna Throne-Holst in a press release.

As a result of the grants, the Peconic Land Trust will be one of many organizations that can leverage $1.7 million in additional matching funds from community and private sources.

You May Also Like:

Southampton Town Board Hears Report on Tax Assessment Status

Though no action is imminent, the Southampton Town Board heard an update on a potential ... 24 Apr 2024 by Christopher Walsh

REI Presents ‘Long Island Zoning Atlas – A Map to Fix LI’s Housing Crisis?’ on May 3

The Real Estate Institute at Stony Brook University College of Business will present its spring luncheon, titled “Long Island Zoning Atlas – A Map to Fix LI’s Housing Crisis?” on Friday, May 3, at the Hilton Garden Inn on the Stony Brook University campus. The discussion on Long Island’s zoning policies and their potential impact on the region’s housing crisis will include panelists Gwen O’Shea, the president and CEO of Community Development Corp. of Long Island; Michael Florio, the CEO of Long Island Builders Institute; and Stephen Romalewski, a professor at CUNY Graduate Center. David Pennetta, the executive managing director ... by Staff Writer

Tips for Avoiding Rental Scams

Rental scams are pervasive, targeting both those seeking permanent housing and those seeking a quick getaway or seasonal lease. To help prospective tenants avoid falling prey to scams, the New York Department of State’s Division of Consumer Protection is calling attention to common rental scams. The main takeaway is this: Avoid sending money for rental properties without first verifying the legitimacy of the listing. In 2023, the FBI received 9,521 real estate/rental scam related complaints with losses of over $145 million. “In today’s highly competitive housing market, renters are often targeted by scammers who use enticing offers to steal their ... by Staff Writer

Agency News: Alexis Meadows Joins Michael Lorber Team at Douglas Elliman

Alexis Meadows has joined the Michael Lorber Team, a top-ranking real estate team at Douglas ... 22 Apr 2024 by Staff Writer

Waterview Water Mill Shingle-Style Homes Sells for $11.38 Million

A Water Mill home with a view of Burnett Creek and a dock for access ... 17 Apr 2024 by Staff Writer

Sagaponack New Construction Designed by McDonough & Conroy Sells for $6 Million

A new 8,000-square-foot home in Sagaponack has sold for $6 million preconstruction. On 3.13 acres ... 9 Apr 2024 by Staff Writer

New Book Shows Long Island’s Past With Glimpses of Future

“Making Long Island: A History of Growth and the American Dream,” by Lawrence R. Samuel ... 5 Apr 2024 by Joseph Finora

Good Things Come in Small Packages

While large houses offer more space to spread out in, a new home in East ... 3 Apr 2024 by Brendan J. O’Reilly

Culloden Point Waterfront Home Sells for $12.5 Million

On Montauk’s Culloden Point and fronting Fort Pond Bay, the home at 8 Captain Balfour ... by Staff Writer

Sands Motel in Montauk Sells to Hospitality Group

Montauk’s Sands Motel at 71 South Emerson Avenue has sold to a prominent hospitality group, ... 29 Mar 2024 by Staff Writer