Tag:

Real Estate Development

Groundbreaking Starts For Phase 2 Of Major Mixed-Use Hub On Long Island Groundbreaking Starts For Phase 2 Of Major Mixed-Use Hub On Long Island
Groundbreaking Starts For Phase 2 Of Major Mixed-Use Hub On Long Island The second phase of construction of a $700 million major mixed-use development on Long Island is now underway. The groundbreaking for phase two of construction of the Ronkonkoma Hub in the Suffolk County town of Brookhaven took place on Wednesday, Nov. 3, according to an announcement from Gov. Kathy Hochul. State officials said the second phase will include the creation of: 388 housing units 73,000 square feet of commercial space 15,500 square feet of office space More than 1,200 parking spaces "The Ronkonkoma Hub will be a major leap forward in building New York's economy and revitalizin…
Prominent Long Island Paving Company Owner Admits To Bribing Official Prominent Long Island Paving Company Owner Admits To Bribing Official
Prominent Long Island Paving Company Owner Admits To Bribing Official The former owner of a prominent Long Island paving company has admitted to bribing an elected official to ascertain a contract, the District Attorney announced. Oyster Bay Cove resident Elia “Aly” Lizza, 72, pleaded guilty to bribing an Oyster Bay commissioner to help facilitate the construction of the Cantiague Commons senior housing development. In Nassau County Court, Lizza pleaded guilty to one count of second-degree bribery, a felony. When he is sentenced on Thursday, April 16, District Attorney Madeline Singas said that Lizza is expected to receive a term of between one and three year…
$400M Mixed-Use Project Planned For Macy's Parking Lot In Manhasset $400M Mixed-Use Project Planned For Macy's Parking Lot In Manhasset
$400M Mixed-Use Project Planned For Macy's Parking Lot In Manhasset The department store will remain but Macy's in Manhasset parking lot is in for a major overhaul, Long Island Business News reported. New York City-based Brookfield Properties presented its development idea of 16 of the 28 acres on the site to the Greater Council of Manhasset Civic Association, said the article. The proposal is for a $400 million mixed-use project to include rental apartments, office space, retail space, and a hotel, according to Long Island Business News. Click here for the Long Island Business News story.