Saunders, Real Estate, Hamptons

147 Comments by mrmako61

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Moody's upgrades Southampton Town bond rating

This story and issue is completely bogus. Southampton did not receive an upgrade. Last April Moody's recalibrated all the accounts using an international standard. As a result almost all accounts in the United States were bumped up because the standard Moody's was using was measured against a new lower international standard. It is all explained on the Moody's website. At that point Southampton was given a Aa1 rating (almost every Town and school district on Long Island, including Suffolk County itself, received a bump up)-- through nothing the Town's, school districts and County did or was judged on. The recent Moody's rating associated with the Southampton's debt sale AFFIRMED the Aa1 rating the TOWN ALREADY HAD received from the recalibration last Spring. No where in the Moody's report for last week does it say Southampton's rating was increased. Ask any municipal financial advisor -- they will tell you that Southampton did not receive a credit rating increase last week. The reason Southampton had its rating affirmed is because all of the accusations about capital fund money missing, and the need to audit the situation, etc. were found to be basically false by the auditors. It created a false positive. The audit result was positive by showing there were no real problems to begin with. The new administration basically has done nothing to screw up a situation which really was not broken. Because of that Southampton had its rating AFFIRMED. I hope someone checks into the spin and misinformation the town has put forth and the media has accepted hook, line and sinker." Aug 30, 10 8:31 PM

Still waiting for a response from someone who was sucked in by this bogus story and claim by the administration in Southampton." Sep 1, 10 6:36 PM

Controversial Montauk 7-Eleven to open on Wednesday

Nurse from Sag harbor may be on to something. I actually read a letter in another paper from a planning Board memnber in East hampton who said a 7-11 in Montauk will turn East Hampton Town into some kind of strip mall heaven. Sag Harbor is one beautiful village and it has a 7-11 right at the head of Main Street. People like this East hampton Planning Board member are political knukleheads who don't get it. If she is so worried why didn't she and her buddies who are complaining about the 7-11 do something five years to pre-empt it? " Sep 1, 10 7:11 PM

Moody's upgrades Southampton Town bond rating

Bella Wood..."that doesn't mean the upgrade was a given. That just doesn't make sense...." You do not know of what you speak, or do not understand the recalibration and how it was done. The upgrade was a given. To prove that point I looked at some other Towns. East Hampton, with all its mismanagement, $20 million deficit, former budget officer under arrest and facing an indictment,........received an upgrade as a result of the recalibration. That fact alone illustrates the bogus nature of the Southampton claim of an "upgrade". " Sep 2, 10 8:30 PM

I'm not arguing with you Bella...the upgrade was not given as a result of areview of any audits -- it was given last April and did not take into consideration anything except the Town's current rating at the time and where it should be placed using a new recalibrated scale effecting all municipalities, towns and other rated agencies and businesses.

If it receives a down grade in the future due to a review of operations it would be a down grade from where it was placed on the new scale last April. Last week the Town did not receive an upgrade. It had its current rating affirmed. It had the rating it was given through the worlwide recalibration in April AFFIRMED, not upgraded. Moody's and other professional organizations said in April that the recalifrations SHOULD NOT be looked at as upgrades." Sep 4, 10 4:08 PM

Critics respond to airport plan

Judy Hope and Tom Twoomey giving three Republicans a standing ovation for the Town airport master plan. Remarkable." Sep 13, 10 6:33 PM

Altschuler will face Bishop in November

Summertime...he (the President) is also 100% imcomptent at his job...the people in the country know it, the Democrats who are running away from him know it, and most tellingly the people who worked for him know it ( i.e. the former OMB Director). I know its hard to admit but the truth hurts. Randy has created jobs. If some were outsorced so be it. Many were not and as a result hundreds of Americans today now have jobs created by Randy. Thanks to Tim Bishop hundreds of local people do not have jobs today and millions across the county are unemployed thanks to the policies Bishop had blindly and mindlessly supported." Sep 18, 10 8:32 PM

To Phila... google congressional gridlock.... you will find who are the pros, and it isn't the Republicans. The term "the nuclear option" with respect to congressional maneuvering and gridlock was coined in response to the Democrats threat to gridlock the Senate during the Bush administration. No one has historically played the floor rules game as well as the Democrats. The Republicans have always been the true legislators and the Democrats the crybabys of Congress. That is just a fact that can be proven historically by bills originated by Presidents, offered by Republicans and blocked by the Democrats. The numbers are staggering. But then again if the Dems don't like the legislation and they block it its OK because they of course own the moral high ground. If a Democrat President or the Democrat leadership offer a bill that is complete nonsense and the Republicans block it it is obstructionism. The Democrats out there who denigrade Ronald Reagan, the Tea Party movement, the need for lower taxes for everyone, those who know national health care has never worked in any country, and demean Republicans as stupid are in for a very rude awakening in November." Sep 20, 10 7:43 PM

Human Services takes brunt of East Hampton Town budget hit

I'm hoping these guys will do something to restore sanity to how the town spends (or in the past wastes) tax dollars. We need some help out here and that means some relief from property taxes -- even Andrew Cuomo is calling for a cap on property taxes! " Sep 29, 10 6:50 PM

East Hampton Town Board members denounce interference from advisory committee

The people invited to the meetings represented like seven different groups in town. That is pretty open and inclusive. These ACAC people believe they need five or six of their members at every meeting where Amagansett may be mentioned. Also, can't a Town Board member have a meeting with someone in his or her office without another 15 people invited? You think Prince and Hammerle don't have meetings with one or two people at a time in their offices? Ask them, I'm sure they will admit they have had dozens of meetings with individuals or small groups. Someone can ask for a freedom request and get their message book and I think you will see many meetings with one person or small groups. Get real ACAC - an elected official can meet with whomever they want in their office with or without you. When you 5 or 6 get together at someone's home to talk Amagansett issues do you invite Theresa Quigley? I think not. " Sep 29, 10 7:09 PM

Montauk residents oppose proposed lake access

Get back to the issue bilge (by the way nice picture -- you are quite intelligent looking -- you must have attended that same online school the self proclaimed lighting expert graduated from). East Lake Drive should provide the main access points to the Lake Montauk. You have some of the shorest unencumbered distances between public road and water along East Lake. Beside, if the Lake is such a cesspool the residents of East Lake should not worry because who would want to clam, swim, row, wade, fish or hang out around such a mess? The access will be there for emergencies as it should be and based on your cesspool theory will get little other use. If you little secret gets out that the lake is such a cesspool then those East Lake Drive residents are probably looking at quite a hit on their property values." Oct 2, 10 4:57 PM

East Hampton Town's tentative budget 11 percent less than 2010

Hey, if there is waste and government can be made smaller, more efficient and more streamline, then do it and do it now. Collecting taxes and spending money for the sake of collecting taxes and spending money is silly. get it done now." Oct 4, 10 8:52 PM

Montauk residents oppose proposed lake access

Bilge....you know all about lake montauk...nice legal work...interesting how well lawyered up some of these bloggers are. I bet you live somewhere on the shore of lake montauk, or close by. If the property owners have the rights over that bottom land, that is fine. The Town still owns the right of ways to the lake shore, and the bottom land at the end of those right aways, so technically I guess the Town could put a launching ramp in if they wanted to at any of these locations. Are there any launching ramps near that spot of East Lake. Probably have to dredge a little though. Residents could also enter the lake at the access point go out beyond the end of the underwater owners property lines and clam, fish and swim. Heck, the town could put in a nice floating raft like they used to have at Albert's Landing, maybe with a slide for residents to enjoy, etc., stc., etc. I wouldn't push it Bilge, you may open a can of worms that the underwater property owners may not want or need to address.

" Oct 5, 10 6:57 PM

East Hampton Town's tentative budget 11 percent less than 2010

Well Noah, you still need police and people who safe guard the public, but smaller government certainly is something everyone across the country is ready for. You are on the right track. I guarantee you will have the usual suspects claiming the town should be spending more and the cuts are too much. As hard as it seems to believe, even with a multi million deficit people want the town to spend more and more. " Oct 5, 10 7:12 PM

There you go msmarple - right on point. One of the Town Board members is already poised and ready to add back spending. What do we need to keep spending down? I told you noah, certain people and elected officials can always find a way to spend, spend, spend." Oct 5, 10 10:16 PM

Administrative judge orders East Hampton Town employee reinstated to old post

When will the negative actions of the McGintee years ever stop? Forget about back pay for the worker, what did it cost the town to defend itself against the allegation of retaliation by McGintee (found true by the judge)? " Oct 6, 10 10:48 PM

Throne-Holst: No layoffs in 2011 tentative budget

What are the tax rate changes in Southampton? I looked at the budget on line and I can't find how the budget will impact the tax rates for village residents, non village residents, etc. I think the tax dollars collected will go up by a couple of percentage points, but how does the added tax dollars, nontax revenue and spending all come together to effect the tax rate on my property? I can't find it in the budget. Can someone help me out?" Oct 6, 10 10:58 PM

East Hampton Town considers eliminating leaf pick-up

And if you don't pick up leaves you don't pay the taxes needed to pay for a service that few governments offer. You cut the tax bill by downsizing and better utilizing the staff and assets you have to deliver the necessary services It is the formula that successful businesses use. Maybe someone is trying to make East Hampton successful. Are you telling me Southampton has no frivolous programs and bloating in staff?

There are many services like police, public safety, emergency responsiveness, protection of property, planning, nutrition for seniors who need the help, recreational facilities for everyone to use, road paving, groundwater protection, and parking that I rank higher than picking up someone's piles of leaves. I'd rather have my tax dollars spent on feeding a senior in need, having a place for people to exercise, or knowing I have good drinking water for the future than seeing it spent on picking up the leaves for those who chose to buy houses in the woods. " Oct 9, 10 12:58 AM

I've been reading the banter between montaukman and lack of facts man. Montauk man has a point, why should people in Montuak who really have few leaves subsidize people in Nothwest, who live in multi million dollar homes to have their leaves picked up? When they bought those million dollar homes did they do so with a guarantee of leaf pick up? Heck, did they even know their leaves got picked up? I did not read of anyone from old time Springs or the fishing industry area of Amagansett complain about not having their leaves picked up. Oh, yea they may not be rich but they also are not lazy or reliant on the government to take care of their property -- even their less expensive property.

Most towns on Long Island have no leaf pick up -- period. Some have bag programs but from what I read the northwest million dollar home owners are not even willing to bag their leaves. They want losse leaf curbside pick up only. Pretty picky, but what the heck it's nice to be on the government dole whenever possible.

Also to the lack of facts man, I looked at East Hampton's Budget on line (much easier to read and follow than the Southampton budget which I'm still trying to interpret so as to know what my taxes are doing) and it appears all the human services programs in East Hampton are funded -- nutrition, in home care, transportation. There are hundreds of thousands budgeted for those services. In the budget I looked at on line East Hampton has over $500,000 budgeted for senior transportation ($532,334 to be factual), over $300,000 for the Senior In Home Service Program and almost $400,000 for the Senior Nutrition Program. I would say that is pretty responsible. Leaf pick up for the rich? A luxury no matter how you spin it. You got it right montaukman -- fact!" Oct 10, 10 9:19 PM

Throne-Holst: No layoffs in 2011 tentative budget

I still can't find out what my tax rate changes are in the Southampton budget. Can someone tell me what the tax rate change for someone living outside a village will be in Southampton Town...please." Oct 10, 10 9:24 PM

By the way I can find out what I will be taxed for the property I own in East Hampton." Oct 10, 10 9:27 PM

Altschuler balks; debate with Bishop canceled

Altschuler has been on the south fork out and about during this campaign more than Bishop (if you don't count the time Bishop is hunkered down in is house). Altshuler has been in Southampton, Sag Harbor, East Hampton, Montauk, etc., etc. I've actually seen Altshuler. I can't rember the last time I saw Bishop. And no I do not count those hokey town hall meetings Bishop has with the planted questions." Oct 11, 10 5:36 PM

East Hampton Town considers eliminating leaf pick-up

To PAB -- if a tax is collected it must be spent? What about not spending it and using it next year to keep taxes down?" Oct 12, 10 8:25 PM

I just read the editorial in the East Hampton Press today. If I did't know better I would say that Facts Man is writng the editorials for the Press. It's almost like the editorial was lifted from the Facts Man's comments." Oct 13, 10 6:32 PM

Nice try facts man" Oct 14, 10 6:35 PM

Oh yea i forgot to say -- the editorial in the EH was was ognorant at best...just plain silly at worst. The Press editorials are predictable. Wherever there is a non-republican supervisor, the supervisor is king. Republican supervisors? No chance." Oct 14, 10 6:42 PM

Do you get the ognorant facts man? Not a typo." Oct 14, 10 6:44 PM

Groups sue East Hampton Town over planned land sales

As someone who owns property and pays taxes in multiple municipalities I don't understand how a group like CCOM can order the town what to do. They act as if they own the property. People in Wainscott paid for that property, as did people in Sag Harbor. It seems CCOM does not want their funhouse taken away from them. If the town can make a million on the property and use that to pay off some of the bills related to the McGintee debt rather than reduce meals or transportation for seniors then why not? A CCOM clubhouse should not be high on the list of town priorites. Now they are suing the town? That means the town will need to spend more money on legal bills rather than on what is needed, and that is to get out of the financial whole helped dug by the silence of the CCOM people that are now crying crocidile tears. They should be ashamed of themselves and their continued shelfish acts. There are crybabies in Southampton, but nothing like this CCOM bunch!" Oct 17, 10 9:40 AM

Bid To Bag Leaf Pickup

Hey asurest I believe the new hall building was a McGintee boooooooondogle. I hated to see the taxes on my East Hampton property go to that. I know someone who is moving into that new building. He told me his old computer is being moved over as are all of the computers, machines, tables and his old file cabinets. He said the joke going around East hampton town hall is these days is that in the move they found the original cost sheets in a file for the furniture the previous administration wanted to buy and they had $8,000 budgetd for McGintee's desk. And Razza wants to bring McGintee back? Even Anna doesn't have $8K tastes for a desk like Mcfintee." Oct 17, 10 9:47 AM

To asurest. Sounds like a bargain compared to a $8000 desk that McGintee was going to buy. You describe a desk I saw advertised in the NY Times for $1,999. But the one in the Times was hand made. I assume the ones in East Hampton were bought out of a catalogue. " Oct 18, 10 5:25 PM

Altschuler, Bishop Will Take Part In Campaign Event On Thursday

Let's get back to Altschuler vs. Bishop. I hope the two debate several times. I guess they will be on channel 12. I have heard Alschuler speak and I think Mr. Bishop will quickly learn he will not be able to out debate Altschuler whose story is compelling. Altschuler was raised by a single mom after his father abandoned them and his brother. Altschuler worked his way through Princeton, then got his MBA at Harvard. He started a multi-national corporation with 750 jobs in the US and its headquarters in Manhattan. He also had offices, and yes, employees all over the world including Great Britian -- just like any other US based multi-national. He is self made and extremely intelligent, articulate and well versed on the issues. He also gets economics and can explain economics and fiscal policy in a very understandable way and most importantly he is able to link the negative financial impact of all the ill advised policies Mr. Bishop has supported and voted for with the economic impact on the people who live in his district -- not Nancy Pelosi's. The debates will be great." Oct 20, 10 9:53 PM

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