NY comptroller blames mismanagement for East Hampton budget woes

EAST 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 rally

EAST 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.

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