Good News from Sag Harbor

By Robinson, Charles W. | Library Administrator's Digest, September 2009 | Go to article overview

Good News from Sag Harbor


Robinson, Charles W., Library Administrator's Digest


If you've never heard of Sag Harbor, New York, I wouldn't be surprised - it's probably closer to Spain than to, say, Denver. I'm sure you've heard of "The Hamptons" though, since this weekend area for very wealthy New York people like hedge fund managers and bonus-heavy bankers is often mentioned in the papers and in novels. Sag Harbor is a village of some 2,500 people. The median household income was about $67,000 in 2007, a bit higher than the state median of $54,000.

But, get this, the mean price of a detached house in Sag Harbor was $845,400. A pretty pricey house, even for Long Island, eh? That sounds as if there are a lot of vacation and weekend houses owned by the hedge fund guys in the big city. Their median income isn't in Sag Harbor, but they own real estate in the village and pay taxes.

Which will be going up, folks.

The John Jermain Memorial Library, which has an operating income of some $550,000 and contains some 42,000 books, has a deteriorating main library building on Main Street and really needs an expansion. So they asked the taxpayers of Sag Harbor to approve a bond issue of some $10 million for renovation, restoration, and expansion of the library. …

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