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Apr 3, 2018 2:02 PMPublication: The Southampton Press

Southampton Town Moving Toward Lobster Inn Purchase

Apr 4, 2018 10:06 AM

Southampton Town officials are still clawing for a chance to purchase a small group of parcels that sit on nearly 10 acres in Shinnecock Hills, and which most recently housed the Lobster Grille Inn.

Officials hope to use the property as a combination of a public marina, shellfish hatchery and preserved space, but possibly leaving room for a small privately owned restaurant.

Community Preservation Fund Manager Mary Wilson said on Monday that she sent a draft contract to purchase the three properties late last month to the owners, Peconic Bay Marina LLC and Peconic Bay Residence LLC.

A resolution to finalize the acquisition of the three properties was withdrawn at a special meeting of the Southampton Town Board on March 15. The Town Board said it will resurrect the resolution after a new public hearing is held on the proposed purchase.

The town was about to seal the deal on the purchase last year but rolled it back at the 11th hour so it could change the way it would pay for the transaction, using not just Community Preservation Fund revenues but other sources to allow for uses that might be prohibited under the CPF.

“I will prepare the public hearing notice once I receive the contracts of sale back from the seller,” Ms. Wilson said during the meeting on March 15. “That’s typically the procedure.”

She could not provide a specific timeline, explaining that some negotiations over the reconfiguration of the property—the town is breaking up the properties to pay for the parcel using different funds—is still ongoing.

Town Supervisor Jay Schneiderman noted that since the changes were made, the town will have to hold a new public hearing before going forward with the purchase.

Until then, the property remains listed on the market for $9.95 million by David Donohue of Douglas Elliman—meaning another seller could potentially swoop in and take the sale from the town.

When reached for comment, Mr. Donohue confirmed that the town was still pursuing the purchase but that he is still showing the property. He declined to answer further questions.

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How much land can the Tuckhoe School District afford to be taken off the tax roles? Ask the residences of Flanders. How much of the area is owned by the Town, Suffolk Co.and New York State? Now much in taxes was lost?
By Gene10x (27), Southampton on Apr 3, 18 11:37 PM
Town can't finish a project now. Sounds like the cards are stacked and all the players picked... Town can't run the marinas they have now. Player picked for shellfish end, who else is in line???
By knitter (1941), Southampton on Apr 4, 18 5:22 PM
1 member liked this comment
preserve, preserve. things can still be preserved without affecting the tax base.
By rvs (106), sag harbor on Apr 4, 18 10:41 PM
How?
By Nukiepoo (123), Southampton on Apr 5, 18 8:31 AM
1 member liked this comment
"Officials hope to use the property as a combination of a public marina, shellfish hatchery and preserved space, but possibly leaving room for a small privately owned restaurant."

The Town shouldn't be in business and especially shouldnt be creating a situation that the town sponsored businesses are at a competitive advantage over private businesses.
By Baymen87 (135), Lugoff, SC on Apr 20, 18 9:13 AM