The Real Deal New York

The decades-long stalemate between East Hampton Town and Bistrian family continues

December 21, 2016 05:21PM

After 35 years of failed negotiations, not much has changed. The Bistrian family says it will begin looking into development plans for their 30 acres in Amagansett, a tract of farmland that East Hampton Town would like to preserve. Bonnie Krupinski, a Bistrian sibling, told 27East that they are now “evaluating a number of options,” as they are unsatisfied with the town’s latest offer of $22 million. She said the offer is at least $10.5 million below a recent appraisal. For the family to move forward with development, it would need the town to provide road access to the property. [27East]