Brookhaven IDA to help redevelop Dowling College’s former campus in Shirley

New York /
Oct.October 01, 2018 02:27 PM

The Town of Brookhaven Industrial Development Agency closed on a package of incentives for Triple Five Aviation Industries, which closed its $14 million purchase of the former Dowling College campus in Shirley, Long Island Business News reported. Dowling filed for bankruptcy in 2016. The 105-acre property next to Brookhaven Calabro Airport includes a 70,645-square-foot dormitory with 70 rooms, an athletic complex and a 65,000-square-foot building for offices or classrooms with an airplane hanger as well. The buyer hopes to bring corporate research and development firms, aviation schools and recreational flyers, among others. Triple Five plans to spend $2 million on upgrades. [LIBN]

 

Related Articles

arrow_forward_ios
40 Meadow Lane, Southampton
New Hamptons sales and listings promise ocean views… and eternal life
New Hamptons sales and listings promise ocean views… and eternal life
Hartz Mountain Industries CEO Leonard Stern and 235 Pinelawn Road (Google Maps, Hartz Mountain)
Warehouse developer accused of violating “Long Island First” policy
Warehouse developer accused of violating “Long Island First” policy
 81-82 South Midway Road (Saunders & Associates Real Estate)
Shelter Island home, circa 1750, lists for $15M
Shelter Island home, circa 1750, lists for $15M
A rendering of 12 Eileen’s Path, East Hampton (Corcoran)
Think buying in the Hamptons is tough? Try building
Think buying in the Hamptons is tough? Try building
North Fork home inventory can’t meet demand
North Fork home inventory can’t meet demand
North Fork home inventory can’t meet demand
Shinnecock Indian Nation Chairman Bryan Polite (left) and a rendering of the Southampton casino (Photos courtesy of Facebook and Shinnecock Indian Nation)
Shinnecock Nation rolls dice on Southampton casino
Shinnecock Nation rolls dice on Southampton casino
Retailers rush to open in the Hamptons
Retailers rush to open in the Hamptons
Retailers rush to open in the Hamptons
East End reels from influx of year-round visitors
East End reels from influx of year-round visitors
East End reels from influx of year-round visitors
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...