East Hampton has added a new asset to its preservation portfolio: Gull Island.
The five-acre island at the northern end of Three Mile Harbor has been purchased by the town, which plans to keep it as a nature preserve.
East Hampton Supervisor William McGintee said town officials had originally proposed paying $3.3 million for the land, but that the family of Clifford Keyes, which has owned the island for about 30 years, put it on the market for $4.2 million.
“We had an appraiser update the estimate when we went to contract. It was worth $3.98 million,” McGintee said. “That’s the real estate market in East Hampton. You want to buy something, and two years later it costs $2 million more.”
About Gull Island
Location: Three ile Harbor, south of Gardiners Bay inlet, East HAmpton
Size: 5 acres
Homes: 1, about 65 years old
Also Known as: Goose Osland, Dayton Island
Famous for: Location for a Billy Joel video dedicated to East End baymen
Not to be confused with: Little Gull Island or Great Gull Island, both east of Plum Island
Read More: Newsday
Add your comment below, or trackback from your own site.
Subscribe to these comments.
Be nice. Keep it clean. Stay on topic. No spam.
You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>