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Best News! Southampton Town Board voted unanimously last night on a resolution to accept terms with LIPA that results in the burial of 100% of the cables on the powerline route on the back roads.
The terms call for a LIPA surcharge based upon consumption — for the East End of the Town, only (excluding Shinnecock, Tuckahoe, and the Shinnecock Reseration). The surcharge will amount to $3.70 per month for the average electric consumer, i.e., bigger houses will pay more than average, and smaller houses less.
At later date, yet to be set, we must go to LIPA headquarters to impress upon LIPA’s Trustees that we expect them to also ratify this agreement. Again, on that day, CGSF will arrange for chartered Jitneys (free to supporters who come, including lunch aboard the return trip).
In the event that LIPA’s Trustees do not ratify the agreement - the Town’s resolution also calls for establishing a Special Tax Assessment District to support payment for the undergrounding. The boundaries of the STAD are yet to be set, but will include Water Mill, part of Bridgehampton, and perhaps, depending upon their agreement, the Villages of Southampton, Sag Harbor, North Haven, and Sagaponack.
Please take the time to send “Thank You” emails to the Southampton Town Board for their good work to preserve and protect our scenic vistas and hurricane escape route. This was a long and hard negotiation for them. Here are their email addresses:
Supervisor Linda Kabot: LKabot@SouthamptonTownNY.gov
Councilman Chris Nuzzi: CNuzzi@SouthamptonTownNY.gov
Councilwoman Anna Throne-Holst: AThrone-Holst@SouthamptonTown.gov
Councilwoman Nancy Groboski: NGraboski@SouthamptonTownNY.gov
Councilman Dan Russo: DRusso@SouthamptonTownNY.gov
We owe a special debt of gratitude to Assemblyman Fred Thiele, who persisted in bringing both sides to this agreement. Without Assemblyman Thiele’s involvement this deal would never have happened. Please tell Assemblyman Thiele you are grateful: thielef@ assembly.state.ny.us
Steve Abramson, Chair
Committee for a Green South Fork
info@buryLIPAcables.com
It’s not an uncommon scenario. Not to be cynical, but so much of our destiny is controlled by people who don’t live here, but wish they did, but they can’t and are not very happy about it so they feel a little “so there, you fancy-schmancies” is in order.
It’s why many have been trying to create “Peconic County” consisting of the 5 East End Towns. Why should we be ruled by people who have never even been here, some 50 miles away?
The same for the Long Island Board of Realtors. Why should a board from West Islip regulate how listings are handled on the East End, where we have a very different culture and way of doing business. That’s why HANFRA, the Hamptons and North Fork Realtors Association has grown to 1000 members in recent years - local rule!!
We’ll now we have the Long Island Power Authority - LIPA - who says they need to provide more power lines to the East End in order to keep up with demand, and they want to put up these big ugly poles along our roadways. Needless to say, many of us are against it.
Here’s one of the stories:
We are so pleased to announce that Jeanine Edington has joined Re/Max Beach Properties of The Hamptons as Vice-President.
Jeanine is a professional career Realtor who has listed and sold hundreds of properties amounting to multi-millions of dollars from Southern Indiana and Kentucky to New York and The Hamptons.
I had the priviledge of working with Jeanine a few years back at Prudential Douglas Elliman and watched her become a force in Hamptons real estate while she was with the Corcoran group.
We’re genuinely excited to start 2008 with the addition of an Associate of Jeanine’s caliber as we begin our second full year of operations, here in the Hamptons. md
for more info on Jeanine, goto: http://www.jeanineedington.com/
There’s all sorts of nifty new fact and figures coming out about sub-prime. Here’s a map from Newsday showing the percentage of mortgages for 2006 that were sub-prime loans.
Presumably, that will give an indication as to how many foreclosures might be in these community’s future? Looks like the East End has a much lower overall percentage than our sister markets to the west. see map here
Ok everybody, here we go again with the MEDIAN price figure.
Raise your hands: How many of you REALLY know what MEDIAN price means and CAN EXPLAIN IT!?!? Median is like a Metric figure to me. Like: “What, you want me to walk two kilometers?” or, “WOW! that was a matter of centimeters!!!” Sorry, it’s pretty meaningless to me…for a definition of “median”,try this
Would it make it any better or worse to know that the AVERAGE price of Hamptons Real Estate is now over $1.6 Million? Impressed? Depressed?
for more info: http://www.suffolkresearch.com/quarterlycharts.htm
The Long Island Power Authority is looking at ways to strengthen the power grid for the East End and, unfortunately, they are seriously considering installing new 60-foot-high power poles on a route from along David Whites Lane in Southampton through Scuttle Hole Road in Bridgehampton to the Sag Harbor Turnpike.
The power lines we have are currently the single largest focus of complaints about vista interruptions. Adding more and higher poles would be exactly the opposite of what the public wants.
Here’s the link to the LIPA PROJECT REPORT
Let your voices be heard at the public meeting LIPA has scheduled on August 21st at 6 PM at the Water Mill Community House located on the Montauk Highway at the light in Water Mill.
[tags]Hamptons, hamptons power grid, LIPA, Stop LIPA power poles, hamptons real estate, underground power lines[/tags]
“Of the Northeast’s most expensive summer destinations, the village of Water Mill, N.Y., in (Southampton Township), appreciated fastest. The median home price there is $1.38 million; it increased in value at an average of 21% a year over the last five years.” Coming in at #3 on the list was Napeague/Amagansett in East Hampton Township with a median price of $862,129 and an average appreciation rate since 2002 of 20%.
See the Forbes List of Best Places To Buy A Vacation Home
Photo by Doug Kuntz
UPDATE: it’s otm (off the market) for the summer md 8-2-7
Susan Brietenbach (see our 3/22/07 post Susan Breitenbach is On Fire) has nabbed another great client, Christie Brinkley, and the listing on her oceanfront home on Flying Point Beach in Water Mill. See the complete story below.
For $8M, 4 bedrooms, 2 baths, a view
BY LAURA MANN
Special to Newsday
