Two Large Preservation Deals Advance In Amagansett
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The town will pay the Bistrian family $28 million over the next two years for owner ship of parts of the family's Amagansett farm and for development rights off of other parts. The town will retain a portion of the land to use for "municipal purposes" like the expansion of the parking lot, and other portions will remain developable by the Bistrian's or usable for special events.
The town will pay the Bistrian family $28 million over the next two years for owner ship of parts of the family's Amagansett farm and for development rights off of other parts. The town will retain a portion of the land to use for "municipal purposes" like the expansion of the parking lot, and other portions will remain developable by the Bistrian's or usable for special events.
Michael Wright on Jul 21, 2021
The deal that will send the Bistrian family $28 million from the town’s Community Preservation Fund in exchange for the preservation of 32.5 acres of farmland in Amagansett will allow...