The Real Deal New York

Nassau judge blocks developer’s proposed Long Beach apartment towers

December 31, 2018 01:18PM

Developer iStar Financial’s bid to reverse a revocation of its permit to build two oceanfront 15-story luxury apartment towers by the Long Beach Zoning Board of Appeals was rejected by Nassau County Supreme Court Judge Stephen Bucaria, Newsday reported. Bucaria ruled on Dec. 13 that developers did not get the necessary building permits for the so-called Superblock project. The $350 million plan would bring 522 apartments and 11,000 square feet of retail space to Long Beach, a coastal city on the South Shore of Long Island. An appeal could still be filed by the developers, known as Shore Road LLC, with the New York State Appellate Division. In May, iStar filed a lawsuit against Long Beach, claiming that the city cost it $100 million in revenue and violated an agreement by not supporting its application for tax breaks from Nassau County. A second lawsuit against Long Beach was filed by iStar a month later. [Newsday]