Two attempts to put a lavish resort on the waterfront of a Riverhead hamlet went nowhere. Thanks to the state, there won’t be a third try. New York State finalized a nearly $11 million conservation easement at Broad Cove Preserve, permanently barring construction on land that preservationists long viewed as one of the East End’s most vulnerable large parcels, Newsday reported. The 100-acre waterfront site in Aquebogue, once floated as the home of a 500-room resort, is officially off the development map. The state Department of Environmental Conservation paid $10.95 million for the easement, which cements protections on the former […]
This article originally appeared on The Real Deal. Click here to read the full story.