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Riverhead Industrial Development Agency

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IDA hearing set for Monday on application by developer of new Rt. 58 hotel, a Marriott Residence Inn

by Mar 25, 2015
The developer of the Hilton Garden Inn is ready to go forward with plans for adjacent Marriott Residence Inn on Route 58, and is seeking property tax abatement, as well as sales, compensating use and mortgage tax exemptions.
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Riverhead IDA and PBMC Health settle $112,000 fee dispute in bond deal

by Mar 7, 2015
The Riverhead IDA at a special board meeting yesterday evening backpedaled on a decision made last month to charge Peconic Bay Medical Center more than $114,000 in fees on a bond transaction that hospital officials is aimed to save it more than $1 million over the next decade.

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

by Oct 7, 2014
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.