In January, 1968 plaintiff, a real estate developer, took title to some 70 or more acres in the northeastern part of the Town of Southeast for a purchase price of $84,000. At that time, the zoning ordinance classified the district R-2, and sanctioned the construction of residences on plots containing 40,000 square feet of land, provided that each be "of such a shape that a square with 150 feet on...
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