In an unprecedented and landmark transaction, the cherished property at 99 Montauk Highway, a site steeped in Southampton history, is embarking on a new chapter. For the first time, the Southampton Town Community Housing Fund, fueled by public votes and the buyers’ tax fund, has facilitated the purchase of this significant land. This pioneering move marks a historic sale and a beacon of hope for local workforce housing.
The property, which has been in the hands of an esteemed Hamptons family since the 1600s, represents a tangible piece of Hamptons history. One of the original families in Southampton, they have watched over this land for centuries. Their stewardship of the property is a testament to their enduring legacy in the community.
Brendan Connolly of Saunders & Associates is proud to have played a pivotal role and represented both parties in this groundbreaking deal. His expertise and dedication were instrumental in bringing this project to fruition.
Connolly says, “The overwhelming support for this project and the creation of the Community Housing Fund speaks to the immense housing need within our community. This development is the first of its kind and will have a significant and beneficial impact on the East End for years to come.”
The acquisition of 99 Montauk Highway sets in motion a visionary—and vitally needed—project to transform the community. The site, strategically located east of the canal, offers an ideal setting for developing approximately 25 workforce housing units. This initiative addresses the critical need for affordable housing in the area, providing a much-needed lifeline for local workers and their families.
Proximity to Southampton Village and the local hospital only adds to the allure of this location, ensuring that residents will have easy access to essential services and a vibrant community life. The development of these housing units is a significant stride towards offering ample, high-quality living spaces for those who are integral to the lifeblood of the Hamptons.
The unanimous support from the community for this project underscores its importance. There was no opposition to the Southampton Town Community Housing Fund, reflecting a collective understanding of the immense value these new residences will bring to the community.
“This sale is a historic moment for Southampton. The centuries-old legacy of this land is being honored through a project that promises a brighter future for the community. The firm is more than proud to have been a central figure in this landmark deal, representing both the past and the future of the Hamptons,” adds Steve Glick, SVP of Marketing at Saunders & Associates.
For many, this sale is a shining example of how history, community, and progress can come together to create something truly remarkable. It’s a testament to the power of unity, vision, and the enduring spirit of the Hamptons.
