News
Riverhead IDA approves 30-year tax abatement agreement with downtown developer of affordable rental apartments
The total value of the abatement over 30 years will be $2,352,750, according to IDA counsel Richard Ehlers.
Government
‘Riverview Lofts’ get the go-ahead: Developer plans to begin construction on 116-unit apartment building by year’s end
The apartments will rent for $976 to $1,955 per month, depending on size and household income. Household income limits range from a low of $46,560 for a studio to a high of $129,740 for a two-bedroom apartment.
News
Walter: Riverhead wins half-million dollar grant for two downtown projects
Riverhead Town snared a $500,000 grant under Round 4 of New York State Empire State Development RESTORE New York Communities Initiative Municipal Grant Program. The funding will be split between Georgica Green and North to South Development projects on East Main Street.
News
Downtown’s most ambitious housing proposal yet unveiled for town board
Developer David Gallo of Georgica Green Ventures today unveiled his plans for a 118-unit apartment building with ground-floor shops and restaurants on McDermott Avenue in downtown Riverhead.
News
Developer pitches five-story apartments and retail in downtown Riverhead
Developer Georgica Green is proposing a five-story apartment building with retail space on the ground floor for the corner of East Main Street and McDermott Avenue in downtown Riverhead.
News
Georgica Green will submit scaled-back apartment plan for new E. Main St. site
The developer has scrapped plans for the former Sears building due to historic preservation rules and signed a contract to buy former Dinosaur Walk Museum, where it will seek to build 90 workforce housing rentals above ground-floor retail.
