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    Home»Real Estate News»Resort Plan Dead as Broad Cove Preserve Gets Protected

    Resort Plan Dead as Broad Cove Preserve Gets Protected

    Team_WorldEstateUSABy Team_WorldEstateUSADecember 29, 2025No Comments2 Mins Read
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    Two makes an attempt to place a lavish resort on the waterfront of a Riverhead hamlet went nowhere. Due to the state, there gained’t be a 3rd attempt.

    New York State finalized a virtually $11 million conservation easement at Broad Cove Protect, completely barring building on land that preservationists lengthy considered as one of many East Finish’s most susceptible massive parcels, Newsday reported. The 100-acre waterfront website in Aquebogue, as soon as floated as the house of a 500-room resort, is formally off the event map. 

    The state Division of Environmental Conservation paid $10.95 million for the easement, which cements protections on the previous duck farm overlooking Flanders Bay. The property is owned by Peconic Land Belief, which acquired the positioning in 2021 whereas builders have been circling, together with one proposing a large-scale resort complicated.

    That resort thought wasn’t new: in 2016, a separate developer pitched a 500-room lodge and spa at Broad Cove earlier than abandoning the plan. By the point the land belief moved to purchase the property, the proprietor, Walo LLC, was nonetheless entertaining improvement presents. 

    The belief in the end paid $11.5 million utilizing personal donations and short-term credit score, betting the state would later step in with everlasting safety.

    The easement, recorded with the deed, prohibits improvement in perpetuity, even when the land belief finally sells the property. It additionally ensures public entry, locking in leisure use at a website spanning roughly 100 acres, together with about 8,000 toes of shoreline alongside Terry Creek and Broad Cove.

    Preservation advocates framed the deal as a detailed name. Peconic Land Belief officers mentioned improvement was an “imminent menace” when the group moved to amass the land, which sits adjoining to Indian Island County Park and has been flagged within the state’s Open Area Conservation Plan because the early Nineteen Nineties.

    “What was as soon as slated for a significant waterfront improvement undertaking has now been preserved and reworked into an exquisite public leisure area in perpetuity,” Riverhead City Supervisor Tim Hubbard mentioned in a press release.

    — Holden Walter-Warner

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