Town Eyes 12 Acres In East Hampton For Affordable Housing - 27 East

Real Estate News

Real Estate News / 1399491

Town Eyes 12 Acres In East Hampton For Affordable Housing

icon 1 Photo

author on Sep 19, 2017

East Hampton Town is trying to acquire 12 acres of land on Pantigo Road in the eastern part of town, much of which would be used to develop affordable housing and new recreation areas.

The Town Board last week authorized the town’s land management director, Scott Wilson, to participate in a foreclosure auction for the land at 395 Pantigo Road, a large wooded lot behind Cook Maran Insurance and Domaine Franey Wines & Spirits—and to bid up to $2 million for the property.

The auction was supposed to take place on Tuesday but was called off on Monday for undisclosed reasons.

But two of the six people listed on the property’s deed came to Town Hall on Tuesday to see who showed up for the abruptly canceled auction.

John Flanagan and his stepfather, James Phillips, who lives in the lone house on the land, which his family has owned for some 60 years, said the family may still be willing to reach a bargain with the town for the purchase of all or portions of the property.

“We just wanted to see who was coming,” Mr. Phillips said.

The main hitch, Mr. Flanagan added, is that Mr. Phillips, who is 90, wants to continue living in the house for his remaining years. He said other members of the family would rather the property be sold immediately, even if that means at foreclosure auction.

“Ideally, I wanted to see the house be renovated and kept in the family, and maybe we could lease out the back to be farmed,” he said. “But they want to sell it so badly to the point that they were willing to let it sell in the lobby here today.”

The property is owned by Mr. Phillips, Mr. Flanagan, Mr. Flanagan’s mother, and two sisters and two stepsisters.

Mr. Flanagan said that the town has already offered the family $2.7 million for the property—an offer he called a “lowball” bid.

Mr. Wilson would not comment on the town’s bid to purchase the property.

The property sits in a 5-acre zone, which would mean that with mandatory set-asides, 6 acres would have to be left as open space and the remaining 6 could be divided into two 3-acre lots.

The town, however, could greatly expand that yield with an affordable housing zoning overlay.

“It seems like an excellent affordable housing opportunity on that property,” Supervisor Larry Cantwell said on Monday.

The resolution the town offered in authorizing Mr. Wilson to bid up to $2 million said that the property would be bought with bonded money, not Community Preservation Fund revenues, which would not allow the property to be developed or used for active recreation—like ballfields.

The house currently on the property is approximately 150 years old and was once owned by former New York Giants baseball team owner Dan Topping and his wife at the time, the figure skater Sonja Henie.

Mr. Flanagan said that he and his stepfather are trying to buy out his stepsisters.

“We’re trying to negotiate a buyout with them so he can live there for the rest of his life,” Mr. Flanagan said. “The right thing to do is let him play it out there.”

Neither Mr. Wilson nor Mr. Cantwell would comment on whether the town would pursue another effort to purchase the land outside of the auction process.

You May Also Like:

Waterfront Traditional In North Haven Sells For $12 Million

A waterfront home in North Haven sold last week for $12 million, a record for ... 21 Sep 2021 by Staff Writer

Meadow Lane House Originally Designed By Norman Jaffe Could Be Saved From Wrecking Ball

An oceanfront home in Southampton Village originally designed by the late architect Norman Jaffe may be saved from the wrecking ball. A majority of members of the village’s Board of Architectural Review & Historic Preservation voiced their opposition to issuing a certificate of appropriateness for the demolition of 88 Meadow Lane during the board’s September 13 meeting. Before they take a vote, there will be at least one more meeting so the attorney for the homeowner can present his response to a consultant’s report that found the house is architecturally and historically significant. The ARB engaged Wall Street Journal architecture ... by Brendan J. O’Reilly

Abraham Baker House In East Hampton Sells For $1.6 Million

The circa-1745 Abraham Baker House, once the home of the Riding Club of East Hampton, ... 14 Sep 2021 by Staff Writer

West Water Street Condo Sells For $15 Million

One of Sag Harbor’s three West Water Street condos by developer Jay Bialsky has sold ... by Staff Writer

Myths And Realities About Community Housing

The need for affordable community housing is a fact of life in most communities across the country, certainly in every village and town on the East End of Long Island. Yet myths, fear, prejudice and misunderstanding often cloud the debate. To give a little perspective to the conversation, here are seven affordable housing myths and realities, adapted from “Busted: Seven Myths About Affordable Housing” by Twin Cities Habitat for Humanity on February 18, 2020. MYTH No. 1: Affordable housing isn’t for local people REALITY: There are thousands of local residents on affordable housing waiting lists on the East End, and ... 8 Sep 2021 by MICHAEL DALY

Middle Lane Traditional Sells For $9.5 Million

An East Hampton Village traditional with light-filled, modern living spaces recently sold for its full ... 7 Sep 2021 by Staff Writer

Seashell Real Estate Celebrates 40th Anniversary

Seashell Real Estate in Southampton is celebrating its 40th anniversary Principal broker and owner Joan Tutt established the company in 1981 and is joined by her daughter, associate broker Lorell Tutt. They have 62 years of Hamptons real estate experience between them. Joan Tutt began Seashell Real Estate to serve the North Sea, Roses Grove, Deerfield and Water Mill areas. While other agencies were concentrated in Southampton Village, Ms. Tutt opened an office in North Sea on Middle Line Highway, which was a dirt road at the time. She has remained at the location for four decades. Ms. Tutt noted ... by Staff Writer

Governor Signs New Eviction And Foreclosure Moratorium

A new moratorium will protect tenants, landlords and homeowners in New York State from eviction ... 3 Sep 2021 by Brendan J. O’Reilly

Attorney Argues ARB’s Time To Review Demo Request For Jaffe House Is Up

The attorney for a homeowner seeking a demolition permit for his Meadow Lane residence, which ... 1 Sep 2021 by Brendan J. O’Reilly

Revisiting The CPF Is In Order

The preservation of open space, farmland and community character on the East End constituted the ... by Anne Surchin, R.A.

Welcome to our new website!

To see what’s new, click “Start the Tour” to take a tour.

We welcome your feedback. Please click the
“contact/advertise” link in the menu bar to email us.

Start the Tour
Landscape view not supported
Send this to a friend