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Main Content

Peconic Land Tax Way Up 2010!

By Judi Desiderio, Tuesday, May 25, 2010
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One clear indicator that East End real estate is bucking the National trend is the tally collected by the 5 East End towns — $19.64 Million.

That is more than twice the $7.85 Million collected for the same period last year! In fact, the number of properties subject to this tax rose from 1,566 for the first 4 months in 2009 to 1,991 same period this year– just over 25% increase.

To-date the Community Preservation Fund has collected a whopping $624 Million for land acquisitions.