Pictured Above: The proposed Sag Harbor Residences, as designed by Beatty Harvey Coco Architects.
The Sag Harbor Village Board passed several code revisions to encourage affordable housing within its boundaries June 14.
The next day, a proposal for a massive affordable housing complex was made public by a developer who has not-so-quietly been buying up much of the property to the southwest of Main Street, behind the village’s municipal parking lot along Bridge and Rose streets.
The three-story, 100,00-square-foot complex would have 79 units of affordable housing on the second and third floors, along with 34,000 square feet of retail space on the ground floor.
It would be built on what are now five parcels owned by limited liability companies operated by Adam Potter, who has also been involved with the plan to move Bay Street Theatre to the site of the former 7-Eleven adjacent to the John Steinbeck Waterfront Park.
Designs for the project by Beatty Harvey Coco Architects were circulated to the media in mid-June.
Conifer Realty is slated to develop the property, known as the Sag Harbor Residences, with apartments of up to 950 square feet, according to an informational sheet accompanying the project.
Most of the units would be rented at the price set for people who make 60 percent of the average median income for Suffolk County — $30,000 per year for a one-person household up to $160,000 per year for a four-person household, at between $1,542 and $1,847 per month.
The project would be allowed as a special exception use in the village’s office district, with review of the special exception permit being conducted by the Sag Harbor Village Board of Trustees. It would also require review by all of the village’s land use boards, including the Zoning Board of Appeals.
There could be a public hearing on the project as soon as the Village Board’s August meeting if the application is complete by that time.