The East Hampton Town Trustees will discuss the new draft of a 35-year lease for houses at Lazy Point during a meeting on Wednesday. Morgan McGivern

The preservation fund provides money for land preservation and water quality improvement with proceeds of a 2-percent real estate transfer tax imposed by the five East End towns. Durell Godfrey

Item of the Week From the East Hampton Library’s Long Island Collection

Jeff Bragman laments “the almost supine reaction” of the town in the Duryea’s deal
The Town of East Hampton and Marc Rowan, the billionaire co-founder of the private equity firm Apollo Global Management who bought Perry B. Duryea & Son Inc., the wholesale-retail fish market with dining on Fort Pond Bay in Montauk, have settled a lawsuit. Durell Godfrey

Points East will play at a Saturday night fund-raiser for Island Gift of Life. Photo Courtesy Points East

A former wing-man plays in Sag Harbor
Denny Laine, who will play at Bay Street Theater in Sag Harbor on Saturday, was a key member of the Moody Blues and then Wings before going out on his own in the 1980s.

Myers, Brady, Bambrick top a diverse town ticket
Richard P. Myers, seen here being sworn in as a member of the East Hampton Town Architectural Review Board in January 2016, will run against Peter Van Scoyoc for town supervisor in November. Morgan McGivern
Bonnie BradyDurell Godfrey