The Real Deal New York

Long Island Cheat Sheet: Developers abandon Baldwin redevelopment project for the second time … & more

By Aidan Gardiner | July 23, 2018 08:00AM

Clockwise from top left: Walmart wants town approval for 62,450-square-foot expansion of Farmingdale store, Former New Cassel school site to become affordable housing for seniors, Newly-built Huntington mixed use building sold for $6.2M and State gives Bellport distributor $675K state grant for $15M expansion.

Developers abandon Baldwin redevelopment project for second time
Engel Burman Group and Basser-Kaufman have left a six-acre development project again, seemingly because they weren’t able to acquire Baldwin properties needed for the effort, Long Island Business News reported. The team was picked in 2006 to remake a blighted area of the town. At the time, they walked away when they were unable to get some of the necessary properties. They were picked again in September 2016 and have seemingly run into the same problem as before. Hempsead officials said the developers were asking “extreme” tax breaks and had asked the Hempstead Industrial Development Agency to claim the properties through eminent domain. If the plan did go through, it would bring apartments, retail and mixed-use buildings to the area around the town’s LIRR station. [LIBN]

Walmart wants town approval for expansion of Farmingdale store
Walmart hopes to expand its Farmingdale store by 62,450 square feet to create a supercenter with a grocery store, new vestibules, a drive-thru for picking up online orders and expanded departments, Newsday reported. The Town of Baldwin will meet to discuss the 40 percent expansion on August 6. Expansion plans for the building, which was built in 2007, also require approval from the Zoning Board of Appeals. [Newsday]

Former New Cassel school site to become affordable housing for seniors
The Town of Hempstead will build a 77 unit affordable housing complex for seniors on the site of an elementary school that was torn down in 2014. The town board unanimously approved the plan at its Tuesday meeting, Newsday reported. To qualify, applicants must be 62 and older while earning between 30 and 60 percent of the area’s median income (which for a three-person family is about $93,900). The complex will have 60 one-bedroom units and 16 two-bedroom units in prefabricated buildings. The developer, Georgica Green Ventures LLC, will order the prefabricated homes from Simplex of Pennsylvania. The units could be available as soon as next summer. [Newsday]

Huntington mixed use building sold for $6.2M
Cosentino Realty Group bought a mixed-use building in Huntington that was completed in 2016 for $6.2 million. The building has 10 apartments and about 3,500 square feet of office space leased to Huntington Professional Suites, Long Island Business News reported. The building that previously stood on the site burned down in March 2014. Chip Entwistle and Gurpreet Singh of ACC Space represented both Cosentino and the seller, 425 NYA LLC, which is controlled by by Michael Ambrosino. Entwistle and Gurpreet are also the leasing agents for the offices. [LIBN]

State gives Bellport distributor state grant for $15M expansion
Quality King Distributors Inc. was given a $675,000 state grant for the recent expansion of its Bellport headquarters, Newsday reported. Quality King, which sells health and beauty products to retailers, spent $15 million to expand its headquarters with 10,000 square feet of office space and by adding solar panels to its roof. The expansion was completed last year, but the company only got the state funds Thursday after filling the 47 new jobs it promised the state it’d create. The Brookhaven Town Industrial Development Agency also gave the company tax breaks for the expansion and to refinance its mortgage. [Newsday]