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Real Estate
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Good grief: ‘Grievance Day’ looms at Assessor’s office
Ten people have already filed tax grievances for 2013, according to Shelter Island Tax Assessor Al Hammond. On average, there are about 25-30 grievances filed with the Board of Assessment Review per year. Last year there were a total of 37 grievances, an increase from the 30 filed in 2011. In...
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High end real estate deals escalate
Trend? Or a blip on the screen? A new block of listings with prices typically seen in the Hamptons raises questions about the Island real estate market. Who are the buyers eyeing astronomically priced property here rather than in the Hamptons? And if these extremely deep-pocketed folks move to the Island,...
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Shed plan rejected: ZBA says ‘detriment’ to neighborhood
The Shelter Island Zoning Board of Appeals voted unanimously Wednesday night to reject the application of Alfred Loreto of 2 East Brander Parkway to erect a shed at the front of his property, only 12.5 feet from the lot line instead of the required 40 feet. Mr. Loreto tried to make...
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Packed house at ZBA debates two controversial proposals
It was a raucous night for the Shelter Island Zoning Board of Appeals facing two applications attracting a large number of people expressing their views. Many members of the Shelter Island Yacht Club were there to support an application allowing for use of an adjacent lot for various functions that could...
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Update: Herrmann’s Castle owner agrees to signficant changes
That didn’t take long. The public and the Town Board gave representatives of Zach Vella’s ambitious expansion of Herrmann’s Castle on Shore Road a barrage of complaints on Friday over space and aesthetics. By Tuesday Mr. Vella said he’d heard them loud and clear and was doing something about them. At Friday’s...
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Major shake up in Island real estate industry
Saunders & Associates, a leading independent real estate firm in the Hamptons, announced today it has hired Corcoran Group senior vice president and Shelter Island broker Penelope Moore to open up Shelter Island for the firm. Only weeks ago, the Corcoran Group welcomed Ms. Moore into its “Silver Circle” of top...
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Summer rentals on the rise
When Hurricane Sandy spared Shelter Island from the worst of its wrath while walloping the New Jersey coastline and significant parts of Long Island, it forced some who have summered elsewhere to take a look at the Island. Some have told local realtors that’s what directed them here, while a general...
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Update dark skies: Letter from Coucilman Peter Reich
Dark skies with no extra cost To the Editor: I maintain that dark sky legislation is no different than the automobile! Sound crazy? Actually, it is very simple. Let me explain. The ZBA made a presentation to the Town Board recommending we adopt dark sky legislation which is in effect in the other...
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Southampton deli owner eyeing Fedi’s
The owner of a popular South Shore gourmet deli and grocery said Friday morning it “was a strong possibility” they would set up shop in Fedi’s when current ownership vacates the premises in April. Dennis Schmidt, owner of Schmidt’s Market on North Sea Road in Southampton, said there were still details...
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Dark skies: Town begins discussion of simplified proposal
Dark skies legislation, rejected by Shelter Island in past years while being embraced by other East End communities, is back in the spotlight. Councilwoman Chris Lewis, who led the effort in 2009 to support dark skies legislation, told her Town Board colleagues Tuesday those who opposed it “did not have good...
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Fedi’s grocery to close in April
Sources have told the Reporter that Fedi’s, the grocery store, deli and butcher shop in the Center, will be gone by April 14. The news has been buzzing around the Island since last week that the store – as much an Island institution as any — will soon become part of ...
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Town sets fees for garage construction, raises fees on moorings
Friday afternoon the Town Board set fees for construction of garages at $250 for up to 1,000 square fee and $.25 per square foot of every square foot over 1,000. The new fees take effect April 1, 2013. The board also raised mooring fee applications that last for three years to...
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Brokers hired to sell St. Gabe’s no longer under contract
The two powerhouse real estate firms representing the Passionist Fathers in their efforts to sell the St. Gabriel’s Retreat Center property are off the case. Prudential Douglas Elliman and Sotheby’s International Realty are no longer under contract to broker a deal for the 25 acre property on Coecles Harbor. The Passionist’s...
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Preservation committee to Dougherty: Let’s talk about St. Gabe’s
A day after Supervisor Jim Dougherty called for a Town Board resolution that the St. Gabriel's Retreat Center be returned to a “priority list” to preserve as open space, the committee that had removed the property from the list said St. Gabe’s would be discussed at its next meeting. In an...
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Dougherty calls for town resolutions on St. Gabe’s
Town Supervisor Jim Dougherty is continuing his campaign to prevent residential development of the St. Gabriel’s Retreat Center by using town money to preserve the property as open space. At Tuesday’s Town Board work session, Mr. Dougherty discussed minutes from a meeting last month of the Community Preservation Fund Advisory Board...
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Real Estate: North Fork history for sale
The estate sale at the home of the late Gertrude Vail Rich, a longtime Orient resident whose mother was a founder of the Oysterponds Historical Society, opened last weekend, giving buyers the chance to own a piece of North Fork history. Ms. Rich had the Youngs Road estate built in 1972,...
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Electrical work delays bank opening
That spring opening of a Bridgehampton National Bank branch in the Boltax building on Route 114 is still on course, according to a bank source. But how late in the spring is another matter, considering that work on converting the space has been delayed pending upgrades to the electrical system necessary...
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Peconic Land Trust says ‘no’ to Paard Hill
The Peconic Land Trust (PLT) has officially turned thumbs down on an opportunity to take over 28.5 acres of Paard Hill horse farm to preserve as open space. Now the Town Board of Shelter Island has to decide if the town wants to accept the property, a highly unlikely result, since...
