East Hampton to buy 28 acres around Lake Montauk – Robert Khodadadian

The Town of East Hampton is looking to protect Lake Montauk from further development by purchasing tracts of land around it. The town board has proposed buying two separate parcels of land totaling 28 acres, 27East reported. The purchases would total about $9 million and would come out of the Community Preservation Fund, which receives 2 percent of property sales and was left flush with cash by the surging market. The board already authorized the

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Cross Post, Home Page, Community Preservation Fund, East Hampton, montauk, The Hamptons The Real Deal New York Read More