Finalize Lazy Point Leases

The almost yearlong negotiation between the East Hampton Town Trustees and residents of Lazy Point in Amagansett, who lease the land on which their houses stand from the trustees, was finally completed on Nov. 10 with the trustees voting 6 to 1 to adopt new rules and regulations.

The tenants, many of whom had regularly attended the trustees’ meetings and had met with them on several other occasions throughout the year, were successful in obtaining several clauses that they said would provide greater security.

Terms of the one-year leases, which expire on April 29, include an annual 2-percent increase, the right to rebuild in the event of weather-related damage to their houses, and automatic renewal of their one-year leases provided they were in compliance with the terms.

Deborah Klughers, a trustee who did not win re-election this year, had told her colleagues at several meetings that the leases did not reflect the market value of the land. The annual lease was $1,650 in 2015, a 10-percent increase over the previous year, but far below other proposals the trustees had debated. Ms. Klughers cast the lone dissenting vote on Nov. 10.