RXR and BSE outline Nassau Hub plans, land anchor tenant

TRD New York /
Dec.December 03, 2018 01:39 PM

On Dec. 1, the National Hockey League’s New York Islanders played a home game at the Nassau Veterans Memorial Coliseum for the first time since April 2015. While the capacity crowd of 13,917 cheered on the Islanders, who are playing again at their old home on Hempstead Turnpike after a few years at Brooklyn’s Barclays Center, developers of the $1.5 billion Nassau Hub are moving forward with their plans for the 60-acre, mixed-use project around the renovated Nassau Coliseum. Newsday reported last week that Uniondale-based RXR Realty and Brooklyn-based BSE Global hope to build 600,000 square feet of office and biotechnology research space, 500 units of housing, two hotels and 200,000 square feet of entertainment and shops that combine regular retail with activities like yoga and cooking classes. The “new suburbia” was promised by RXR and BSE during an hours-long meeting with the Nassau Legislature on Nov. 27, according to Newsday, which noted that Northwell Health had signed on as an anchor tenant for the project. The developers want to get subsidies from the county to offset taxes in the construction of residential units. The legislature could vote this month on an amended lease that would allow developers to push forward on project planning. [Newsday]


Related Articles

arrow_forward_ios
The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock)

LI agents routinely discriminate against minority buyers, undercover probe finds

Islanders expect to break ground on Belmont arena project this summer, late composer’s Sands Point estate has another price cut & more Long Island real estate news

Islanders expect to break ground on Belmont arena project this summer, late composer’s Sands Point estate has another price cut & more Long Island real estate news

First hotel in decades could come to Babylon, waterfront Centre Island property gets $3M price cut & more Long Island real estate news

First hotel in decades could come to Babylon, waterfront Centre Island property gets $3M price cut & more Long Island real estate news

Nation’s first affordable housing development for LGBT seniors to open in Bay Shore, West Islip home with helipad hits the market & more Long Island real estate news

Nation’s first affordable housing development for LGBT seniors to open in Bay Shore, West Islip home with helipad hits the market & more Long Island real estate news

Jerry Wolkoff wants a new industrial building in Edgewood, former newspaper mogul’s Gold Coast mansion seeks $13M & more Long Island real estate news

Jerry Wolkoff wants a new industrial building in Edgewood, former newspaper mogul’s Gold Coast mansion seeks $13M & more Long Island real estate news

The Uniondale Marriott and Ten-X's Matthew Schreck (Credit: LinkedIn)

Long Island’s hotel market could be headed for a downturn

Brookfield pitches $400M mixed-use project in Manhasset, Lake Success home from Whitney Houston film lists for $6.3M & more Long Island real estate news

Brookfield pitches $400M mixed-use project in Manhasset, Lake Success home from Whitney Houston film lists for $6.3M & more Long Island real estate news

Hamptons resi brokers remain resolute, despite a slumping luxury market

Hamptons resi brokers remain resolute, despite a slumping luxury market

arrow_forward_ios