Shelter Island real estate professionals are unanimous in their optimism about the 2019 market.
Coming out of 2018, with a steep downturn in Community Preservation Fund (CPF) revenues of 44.6 percent from 2017, they see an upswing as deals that closed late in 2018 begin to flow through the pipeline to give a boost to the first quarter of this year.
Money for the CPF comes from a 2-percent tax buyers pay when purchasing East End properties and is used as a concrete market indicator of sales and revenues. (more…)
What a number of Island real estate professionals called “shocking” was news that the Community Preservation Fund (CPF) numbers — a good indicator of sales — for the first five months of 2018 were down by 41.3 percent from the same time last year, while numbers for the CPF on most of the East End are increasing. (more…)
CHARITY ROBEY PHOTO
Janalyn Travis-Messer and Nushka in her Heights office.
Janalyn Travis-Messer’s office is full of activity. She’s in the middle of building a house on the Island and as she bustles around her office/exhibition space for local artists, she’s keeping one eye on Nushka, her new, not quite perfectly house-trained puppy.
A guy wearing crusty work boots sticks his head in to say that over at the building site for her new house, “The slab is drying.” (more…)
REPORTER FILE PHOTO
Meet the candidates
To the Editor:
Tomorrow, Sunday, March 25, the Shelter Island “Sunday Group” is sponsoring a reception to introduce three candidates for the Democratic Party nomination for the House of Representatives in the June 26 primary election.
The candidates are seeking to unseat Republican Congressman Lee Zeldin who strongly supports President Trump’s regressive health, environmental and tax policies. The reception will be held from 2 to 4 p.m. this coming Sunday, at the home of Paulann Sheets, 27 HiLo Drive, HiLo Shores, (631) 749-5805. (more…)
BEVERLEA WALZ PHOTO A crane set to lift a modular house onto a South Ferry boat Sunday morning.
Measure twice, cut once. The old adage might well be adapted to the situation real estate broker Janalyn Travis-Messer found herself in when she arranged transport of a modular house onto Shelter Island. (more…)