The trickle of new “affordable” or workforce housing on the South Fork of Long Island continues–16 units (with a name!) being built in East Hampton, as this article from the local Star explains. This project predates the imposition of a new transfer tax on million-dollar–meaning nearly all–home purchases. That levy will raise maybe $50 million a year toward affordability measures, as I noted in a post in early 2022 on the history of such housing efforts in the Hamptons. The tax was approved last November in all of the East End towns on Long Island, so there is at least general political will to have more intensive home development…somewhere in the towns. So as market prices in this luxury enclave continue to rise, a few service workers or other favored parties will slip in. But this will be the biggest local issue of the next 10 years, just as efforts to protect the area’s waters from septic and other contaminants dominated the previous decade.
New Town Housing to Be Christened ‘Cantwell Court’ | The East Hampton Star
Tim W. Ferguson 