overall second highest level since it’s inception 15 years ago.
This tax is customarily paid by the buyer, is not to be confused with the peconic land trust, which is a highly respected not for profit, funded through donations.
2013 resulted in $95.43 million in revenues.
Southampton town collected it’s highest annual revenue ever at $57.79 million, which exceeds the entire tax collection from all 5 towns in 2008- the bottom!
Last year there were 8,328 transactions taxed, 2,356 more than 2012.
2013 was the best year for hamptons real estate / east end real estate since 2005
IT’S TIME TO GO SHOPPING WITH CPF MONEY