By Bridget LeRoy | December 22, 2011 [East Hampton Start]
Under a subsidiary called the S.A.M. Trust, the producer and director Steven Spielberg has donated conservation easements over three properties on Georgica Cove in East Hampton Village to the Peconic Land Trust. The easements permanently protect 7.46 acres from development, and even prohibit any landscaping on the property, according to a Peconic Land Trust newsletter.
Mr. Spielberg and his family live on Apaquogue Road at Quelle Farm, directly across the water from the three lots, which are located at the intersection of Chauncey Close and Ruxton Road in the Cove Hollow Farm neighborhood.
The lots — two of which are contiguous, with one across a small road — are 2.45 acres, 2.65 acres, and 2.36 acres. They include “acres of natural habitat in brackish tidal marsh and successional maritime forest, old field, and shrubland ecological communities,” according to the land trust.
At a meeting on Friday, the East Hampton Village Board offered its seal of approval for the transaction, providing “an acknowledgement on the part of the village board that the easement and gift — a property of tremendous value — is consistent with the village policies of preserving natural resources,” Larry Cantwell, the village administrator, explained Tuesday.
Mr. Spielberg could not be reached for comment by press time.