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Conifer Realty

Riverhead welcomes Peconic Crossing: ‘everything we want our town to be’

Rochester-based developer Conifer Realty, which partnered with Community Development Corporation of Long Island, today celebrated the completion of Peconic Crossing, with ribbon-cutting ceremonies and the grand opening of a first-floor art gallery being managed by East End Arts.

Downtown workforce housing project draws 901 applicants for 45 apartments

The new workforce housing rental apartment development in the final stages of construction on West Main Street drew 20 applications for every available apartment. The developer held a lottery today in Riverhead Town Hall to rank the applicants.

Peconic Crossing gets final approval for five-story, 45-unit apartment building on West Main Street in Riverhead

The 45 rent-controlled apartments will be offered to 'low-income' tenants who, in most cases, can earn no more than 60 percent of the county's median household income, or about $51,000 for a two-person household.

Fire trucks don’t need access to all sides of proposed 5-story apartment building, developer says; fire chief disagrees

The developers of the proposed Peconic Crossing apartment building on West Main Street are pushing back against criticism of their site plan levied by...

Plans advance for 48-unit apartment building on W. Main Street

Peconic Crossing, which plans to build 48 rent-regulated apartments in downtown Riverhead, was awarded nearly $5.5 million in state funding. The project is in the final stages of review by town planners and the developer hopes to break ground by the beginning of 2016.
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Riverhead IDA hears request for assistance from developers of proposed low-income apartments on W. Main St.

Thirty-three of the 48 units must be affordable to households 60 percent of area median income or less. The maximum household incomes would be: $44,150 for one person; $50,450 for two people; $56,750 for three people; and $63,050 for four people. Six units must have a cap of 50-percent of median income. Nine will be rented 'at market rate.'

New developers for Science Center site propose 48 rent-regulated, affordable apartments with same site plan

A Rochester real estate company and the Community Development Corporation of L.I. want to build 48 affordable rentals on the L.I. Science Center's West Main Street site under same "Blue River Estates" site plan drawn by architect Martin Sendlewski for Simshabs Capital Partners in 2013.