Newsday recently featured an article about firm client BOSFA Properties’ proposed 200-unit apartment complex in Nassau County geared for veterans and seniors. Partner and Real Estate Developers Industry Team Leader Jack Martins is counsel for BOSFA. He and our Long Island Commercial Real Estate attorneys have been involved with this project since its inception from negotiating the purchase of property, the application to change the zoning, the application before the planning commission, hearing before the zoning board of appeals and are scheduled to represent the client before the Industrial Development Agency (IDA.)
The project will revitalize the Village by taking a decaying 1958 property, damaged in Superstorm Sandy, and convert it into modern housing. The original building contained 102 units, however, now after a recent zoning board hearing 200 units have been approved. In addition, the first vertical stacked parking lot approved by a municipality, will be developed providing 177 parking spots for the multifamily development.
The developers are planning a multigenerational housing property in the Village of Freeport with units designated for seniors, for veterans and the rest for workforce housing; The smart-growth development project is about 3/4 of a mile from the Freeport Long Island Rail Road station. This Freeport project is the latest success of our office’s work on transit-oriented development.
For additional information on the project click on the full article in Newsday.