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East Hampton Acquiring Less Land

This oddly terrifying graph shows, at far right, the total revenues collected thus far in 2009 by East Hampton's Community Preservation Fund. Hint: it's a very small number. Result: massively scaled back land acquisition by the town, which uses monies from the fund to preserve open space, preserve barns, and otherwise do do-goodery things of that sort. [Hamptons.com via Hamptons Real Estate Blog]