Assemblyman Fred W. Thiele, Jr. today reported that revenues for the Peconic Bay Community Preservation Fund (CPF) produced $21.07 million in revenue for the Peconic Bay Region during January 2021. This compares with $9.1 million during January 2020, before the pandemic. Revenue for the previous month, December 2020, was $20.3 million This is a 131.5% increase for the month compared with the same month in 2020. Over the last 12 months, the CPF Fund has generated $151.4 million. Since its inception in 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.62 billion.

The $21.1 million is the second largest monthly revenue figure in the history of the program. The largest was December 2020, the previous month, when $21.3 million was generated. To state the obvious, the East End real estate boom, resulting from the pandemic as people flee urban areas, continues.

Below are revenues by Town for January 2021 compared with January 2020: