The vast area on the tip of Long Island is place where old money yachters and nouveau riche Ralph Lauren mannequins love to come. They flaunt their money there throughout clam bakes and polo events. Even so, discreetly living among these affluent are the more down-to-earth, still showing the signs of the days of potato farms and Jackson Pollack joyrides. They are part of what turns that beach-town environment alive. Though they would hate to accept it, the survival of these townsfolks is dependent on the inflow of wealthy second-home owners who purchase residents’ property at over-the-top prices.
And Bernard Madoff and his victims restfully vacated their summer homes, the longtime residents who could one time soak off an acre of family land for three million dollars. Now they are questioning whether they will ever be able to have food stamps at the lobster stand. With the flop of that ideal economic dichotomy, the Hamptons will no more be the boisterous beach community it at one time was.
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