With appraisals in, authorizing resolutions adopted, and negotiations concluded, Southampton Town has become the owner of nine acres of land located on Old Sag Harbor Road in Noyac.
The property is comprised of two vacant parcels designated in the Eastern GEIS area of the Town’s Community Preservation Project Plan, which identifies target properties, and is bordered by substantial tracts of already preserved land.
“This was an opportunity for the Town to add to its park, recreation, and open space holdings,” said Supervisor Linda Kabot. “It links contiguous woodland properties and is in close proximity to a trail system.”
The property was purchased from the Texas Beverly Company, a 12-year old investment corporation owned by Morgan Brown and Catherine Nelson Brown, who are the daughter and ex-wife of famed developer Harry Joe “Coco” Brown Jr. Born to a prominent Hollywood family, the Beverly Hills native made his first major real estate score in buying 188 acres atop Beverly Hills, and building 115 houses there. In the mid-1990s, locals learned the name when Mr. Brown acquired 56 acres for his “Houses at Sagaponac” development and enlisted 34 leading architects to design each home.
A public hearing was held before the Town Board on April 8 as part of the Community Preservation Project Plan to determine if the Town should acquire the Noyac parcels with Community Preservation Funds. The Board then decided it to be “the best alternative for the protection of community character.” In adopting an authorizing resolution later that day, the Town Board allocated $1.9 million for the purchase.