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Billionaire Stefan Soloviev’s latest North Fork play is testing how far the East End’s quieter half can bend before it breaks.  He wants to turn 372 acres of farmland straddling Cutchogue and Peconic into nearly 50 luxury homes, the Suffolk Times reported. The plan has triggered fierce backlash from locals worried the North Fork is going the way of the Hamptons. The Soloviev Group’s proposal, called the Colusa Conservation Subdivision, would carve 47 residential lots out of one of the region’s largest remaining farm tracts. Plans call for 18 bluff-top parcels overlooking Long Island Sound and 29 inland lots, while […]

This article originally appeared on The Real Deal. Click here to read the full story.

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