A down to earth look at real estate issues in
Northern New Jersey with an environmental twist.
Sunday, August 10, 2008
Poor Little Rich Town
It's getting tough for any town council to balance the budget these days. The usual culprit is a lack of strong ratables or loss of state aid. But who can East Hampton blame? With perhaps more taxpaying billionaires than any medium sized town, having to plead poverty as hard to explain as The Montauk Monster. The Huffington Post has the details and an extended forum of shadenfroid on their predicament.