Developer of proposed propane facility on Kroemer Ave withdraws IDA application after failure to capture enhanced benefits
The developer of a proposed wholesale propane facility and industrial office building on Kroemer Avenue has withdrawn its Riverhead Industrial Development Agency application for financial assistance and will likely downsize its project, after the IDA previously declined to grant the developer’s requested 10-year, 100% enhanced real property tax abatement.
Riverhead IDA postpones action on Kroemer Avenue propane facility, readies for review of expected Triple Five affiliate’s application
The Riverhead IDA postponed action on a Kroemer Avenue propane facility after Fisher Organization manager Ray Dickhoff asked the IDA to reconsider its decision to grant a 50% property tax abatement rather than the 100% abatement the applicant sought.
The developer of a wholesale propane distribution facility and an industrial building on the south end of Kroemer Avenue is seeking 100% property tax abatements for 10 years.
A proposal to develop a liquid propane storage and distribution facility on Kroemer Avenue in Riverhead gained preliminary site plan approval last week from the Riverhead Planning Board, which initially rejected the application, spurring a lawsuit by the applicant.
The suit, filed in State Supreme Court last week, seeks a ruling that the site plan application of 48 Kroemer LLC is still pending and asks the court to approve the site plan rejected by a planning board majority in June.
Fire district commissioners listened silently to a pitch for reconsideration made by architect Martin Sendlewski and propane company owner Frank Fisher. The district's legal counsel Jonathan Brown said the commissioners would review the applicant's revised plans.
The site of the proposed propane storage facility on Kroemer Avenue, adjacent to an existing propane storage facility on W. Main. Street.Together they could store nearly a half million gallons of LP gas. The proximity of the two facilities was one factor in the Riverhead Fire District's opposition to the plan — and the planning board's denial.
Riverhead Fire Commissioners have sounded an alarm about a proposed 270,000-gallon propane storage and distribution facility on Kroemer Avenue.