05/22/15 6:00am
05/22/2015 6:00 AM
Earlier this year developer Nick Paleos of Nickart Realty Corp. in Baldwin said two homes going up along Route 48 near Town Beach in Southold would be finished by July. (Credit: Cyndi Murray, file)

Earlier this year developer Nick Paleos of Nickart Realty Corp. in Baldwin said two homes going up along Route 48 near Town Beach in Southold would be finished by July. (Credit: Cyndi Murray, file)

If new housing starts are an indicator of the state of the economy, as economists often claim, then Southold Town’s economy got a small boost last year.

According to statistics from the town building department, the number of permits for new residential construction jumped 25 percent in one year — from 48 in 2013 to 60 in 2014. (more…)