The Real Deal New York

Sag Harbor finalizes deal to build waterfront park where condos were once planned

May 30, 2018 02:56PM

Sag Harbor officials reached a deal last week with developer Jay Bialsky and Southampton Town that will help push the John Steinbeck Waterfront Park project forward. Southampton will use $10.5 million from its community preservation funds to buy the 1.25 acres from Bialsky, 27east reported. That land would link others to create a continuous waterfront park. Greystone Development was the previous site owner and had planned a condo project there before selling to Bialsky in April. The developer will retain some of the land to build three townhouses with boat slips. [27East]