No doubt by now, most of you have heard of the Hope Partnership housing development planned for 16 Neck Road. It’s a subdivided property tucked in beside the northbound I-95 exit 70 into Old Lyme, a wooded 12.5 acre lot with a steep entrance road, and a long stretch of deep-water access to the Long Island Sound. The property once assessed for $1.2 million, was purchased by a local developer on December 31, 2015 for a relative song—$455,500.