Lengthy Seashore explores sale of Metropolis Corridor property


Lengthy Seashore officers are exploring a sale of the town corridor property and the neighboring Cease & Store advanced to builders to create a brand new central downtown.

Builders met with Appearing Metropolis Supervisor Rob Agostisi final week to debate potential improvement choices that might deliver curbside mixed-use flats and retail to Park Avenue. Metropolis officers stated any potential improvement must incorporate a brand new metropolis corridor and police and hearth departments.

A sale is just not anticipated this yr and any sale of metropolis property would require 4 of 5 metropolis council votes. Councilmembers have been apprised of discussions, Agostisi stated. There are three metropolis council seats up for election in November.

Metropolis Council President Anissa Moore stated she was ready for extra data.

“We wish to foster a brand new and vibrant downtown by good and measured improvement at an awesome financial savings to taxpayers,” Agostisi stated. “This was about getting the stakeholders within the room and paving the way in which for future improvement, whatever the administration.”

The town owns the 7-acre Cease and Store advanced property and metropolis corridor’s Kennedy Plaza, which is separated by the LIRR and bus station on the north aspect of Park Avenue. The huge parking tons off Park Avenue could possibly be moved behind the event or underground, Agostisi stated.

The town signed a 99-year lease in 1983 with the previous Waldbaum’s proprietor. Cease and Store acquired Waldbaum’s in 2015 and continued paying the town’s lease. Metropolis officers stated there are 63 years remaining on the lease, and Cease &…



Source link

Reply