Springs Houses Demolished For Preservation - 27 East

Real Estate News

Real Estate News / 1407052

Springs Houses Demolished For Preservation

author27east on Mar 29, 2016

The Nature Conservancy demolished two houses this week on Squaw Road in the Springs that are the subject of a lawsuit by a neighbor over the Conservancy’s plans to sell the land to East Hampton Town for preservation.

The razing of the houses was a condition of the agreement between the town and the Conservancy for the transfer of the two properties, which were given to the preservation group by the estate of their former owner.

The two lots comprise 1.6 acres and more than 300 feet of waterfront shoreline on Three Mile Harbor. The town would pay the Conservancy $2.6 million for the two vacant lots, according to the sale agreement, with money from the town’s Community Preservation Fund.

The town has not released an official management plan for the property but has said they would be left largely unimproved after the land is restored to wetlands and scrub pine uplands native to the harbor shoreline before housing development.

Richard Levin, who lives next door to the two lots, objected to the planned sale at a public hearing last fall, saying he feared the properties would become a nuisance to neighbors if owned by the town because they would attract people and car traffic to the quiet residential street.

After the East Hampton Town Board approved the purchase, Mr. Levin filed a lawsuit in state court seeking to block the sale, saying their purchase and the town’s plans for them did not conform to the requirements of the CPF bylaws because no management plan had been prepared.

Mr. Levin, and some other neighbors, said that selling the lots privately and letting new owners renovate or rebuild the existing houses would be preferable because it would be less disruptive.

Other neighbors applauded the purchase and said they worried that new owners could turn the houses into summer rentals, which could be disruptive to the quiet neighborhood.

Town Board members tried to assuage concerns about the town’s ownership, saying they were not going to let the properties become bathing beaches and noting that other town-owned properties along the same shoreline are very lightly used.

Mr. Levin claimed in the lawsuit documents that he offered to buy the lots from the Conservancy for more than the town was planning to pay.

The town is not expected to complete the purchase until the lawsuit has been concluded.

You May Also Like:

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

Newsletter Spotlights South Fork Land Use Laws

The mention of land use and zoning may cause the eyes of some people to ... 12 Mar 2025 by Brendan J. O’Reilly

Original North Haven Shores Model Home Hits the Market

One of the original model homes in the North Haven Shores community developed in the ... 11 Mar 2025 by Staff Writer