The Army Corps of Engineers has agreed to adjust its estimated value of the benefits of rebuilding a stretch of downtown Montauk beach — and thus the potential extent of a beach reconstruction project it will undertake, at federal expense — by half again as much as its original $103.8 million estimate, Aram Terchunian of First Coastal Corporation told the East Hampton Town Board this week.
Additional revisions may be forthcoming, said Mr. Terchunian, based on further analysis.