Nassau County’s Industrial Development Agency preliminarily agreed to give the Garden City-based Engel Burman Group tax breaks for its $50 million plan to build a 150-unit Bristal Assisted Living facility in Bethpage, Newsday reported. The development at 1055-1065 Stewart Avenue will be the 10th Bristal facility in Nassau County for Engel Burman, which as noted by The Real Deal earlier this year has already built or is in the process of building 21 other assisted living facilities in New York and New Jersey. In April, Engel Burman opened a 180-unit Bristal-branded assisted living center in Jericho. Construction for the Bethpage facility should begin by early next year and stretch into 2022. The development will stand at 135,000 square feet with 40 of its units reserved for those with dementia or Alzheimer’s disease. Generally, rents at Bristal facilities range from $3,400 up to $9,000, Newsday reported. IDA officials have reportedly asked Engel Burman to think about making some of their units more affordable. [Newsday]
Trending
Developer gets tax breaks for $50M Bethpage assisted living facility
Recommended For You