08/30/19 6:00am
08/30/2019 6:00 AM

The fate of the abandoned oyster factory at the end of Shipyard Lane in East Marion remains uncertain after an auction to sell the property was canceled earlier this month.

Following a judgment of foreclosure and sale dated June 20, a public auction of the 18-acre waterfront property was scheduled to take place at Southold Town Hall Aug. 16. According to a legal notice, the approximate lien amount was $2.9 million, plus interest and other fees. It wasn’t clear if that figure was the reserve price for the property. READ

08/29/19 5:55am

The 55-acre property that had been home to Peconic Bay Winery in Cutchogue is in contract to be sold, according to an agent from Town & Country Real Estate.

A closing is scheduled for next month, according to Hal Zwick of Town & Country.

He declined to announce the buyer or terms of the pending sale, but said he believes the new property owners aim to maintain it as agriculture. READ