Assemblyman Fred W. Thiele, Jr. (I-Sag Harbor) today reported that revenues for the Peconic Bay Community Preservation Fund (CPF) produced $7.83 million for the Peconic Bay Region for February of 2017. This compares with $9.97 million during February 2016. The year-to-date total is $14.77 million compared with $18.89 million from a year ago. This is a 21.8% decrease from 2016 for the first two months of 2017. Since its inception in 1999, the Peconic Bay Regional Community Preservation Fund has generated $1.202 billion. Thiele stated, “Real estate sales on the East End have plateaued since reaching a record high in 2014. CPF revenues in 2016 were 13% lower than the program’s highest year in 2014, declining by about 7% a year over the last two years. The first two months of 2017 continues that trend. Revenues are substantially lower than a year ago. The decline is most pronounced on the South Fork.” Below are revenues by Town for the first two months of 2017 compared with 2016.