The Real Deal New York

A green light for Riverside’s major revitalization plan

The East End’s economically blighted hamlet is poised for a makeover, spurring new interest in its suffering real estate market

July 22, 2016 01:33PM
By Matthew Egan

An artist's representation of what Riverside will look like after the redevelopment plan takes shape

An artist’s representation of what Riverside will look like after the redevelopment plan takes shape

From the Hamptons Market Report: Situated near some of the most valuable real estate in the world, Riverside provides a stark contrast to the Hamptons. This unincorporated hamlet, which is located within the Township of Southampton, is the most economically depressed part of Long Island. Downtown Riverside is known for flagrant prostitution and drug dealing amid a landscape of vacant buildings. [more]

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