Although they declared bankruptcy and have been trying to finish the condominium for three years, 21 West Water Street, a 19-unit luxury condominium, will be completed thanks to an additional investor. The project initially broke ground in 2006 with great support from Sag Harbor, but quickly encountered financial problems.
Last year, after nearing completion, the investors of the property filed for bankruptcy, completely shutting down construction. however, thanks to a new investor known as Longview Ultra, the property will be completed by the end of the summer. Instead of a more modern design, the condominiums will have a shingled exterior with white trim that has earned a thumbs up from the Sag Harbor Zoning board.