Michael Dubb, founder and CEO of The Beechwood Organization, will be joined by local elected officials on June 3 to unveil Charles B. Wang Boulevard at Beechwood’s Country Pointe Plainview.
With property at a premium, LI’s single-family subdivisions are shrinking
Suffolk OTB’s purchase includes the 228-room hotel and casino and adjacent land, as well as the termination of the remaining 46 years on Delaware North’s management agreement for the facility.
There were slightly more than $3.86 billion in construction starts in the New York area in April 2021, up about 28 percent from March 2021.
In the new plan, the Matinecock Court project will create 144 cooperative apartments in East Northport.
The project, developed by Capitol Seniors Housing, transformed the former Residence Inn by Marriott into a 150,000-square-foot facility with 114 residential suites.
The recently closed deal for $3 million an acre for the vacant parcel is a record for industrial-zoned property here.
Mortgage rates rose this week, pushing the benchmark 30-year home loan to the 3% mark for the first time since mid-April.
The redevelopment project would bring 144 rental apartments over two levels of parking and 7,000 square feet of retail space.
The store at 700 East Patchogue Yaphank Road is the publicly traded company’s second location on Long Island.