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Peconic Crossing

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 seeking applications for workforce housing apartments

Developers of Peconic Crossing in downtown Riverhead are readying 45 new workforce housing apartments for rental. The units will be available to tenants who meet income limits, with preference given to artists.

Demolition underway to make room for West Main Street apartment building

Demolition is underway at the former L.I. Science Center site on West Main Street.

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.

New five-story, 45-unit apartment building on West Main Street, gains preliminary site plan approval

The five-story, 45-unit apartment building proposed for West Main Street was granted preliminary site plan approval last night by the Riverhead Planning Board, which last night also issued a determination that the development will have no significant environmental impact.

‘Vastly improved’ Peconic Crossing apartment building design approved by ARB, landmarks commission

The developers of Peconic Crossing, the five-story apartment building proposed for the site of the L.I. Science Center at 11 West Main Street, got...

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.'