Hartz Mountain to raze former Newsday HQ and build $190M warehouses

Hartz Mountain Industries is moving ahead with a $190 million project to demolish the 414,000-square-foot former Newsday headquarters at 235 Pinelawn Road in Melville and build two warehouses with a combined 945,000 square feet, Long Island Business News reported. The Suffolk County Industrial Development Agency preliminarily gave Secaucus-based Hartz Mountain more than $16.8 million in tax breaks for their project. “There is very healthy demand for warehousing and distribution space in Suffolk County so this additional influx of quality space will significantly benefit many businesses and residents in the surrounding area,” said IDA executive director Tony Catapano. Hartz Mountain, which paid $54.5 million last year for the former Newsday building, plans to build a 669,166-square-foot warehouse at the south end of the property and a 276,500-square-foot warehouse on the north end. Construction should end by 2021. As for Newsday, it signed a 15-year lease for a 130,000-square-foot complex for its new headquarters in Melville back in March. [LIBN]