· Ira Rennert did in fact loot MagCorp, says the court, and must repay $118M plus interest. [NYP]
· The East Hampton Trustees and Lazy Point homeowners are getting closer to a deal on ground leases. [EHS]
· The Sag Harbor ZBA is reviewing the proposed Harbor Market & Kitchen. [SHE]
· Many delayed openings this morning due to the latest precipitation nightmare. [27E]
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