NY comptroller blames mismanagement for East Hampton budget woesEAST HAMPTON, N.Y. — A New York state audit of finances in a town filled with millionaires blames fiscal mismanagement for a deficit that required $15 million in bonding to cover budget shortfalls. Some real estate agents in NY’s Hamptons region say they’re seeing sales rallyEAST HAMPTON, N.Y. — Few real estate markets got hit harder by the recession than the Hamptons, Long Island’s summer playground for the rich and famous. |