The Town of Islip Planning Board approved the change of zone request necessary in order for Tritec Real Estate to build a 418-unit apartment complex at the corner of Union Boulevard and 4th …
The Town of Islip Planning Board approved the change of zone request necessary in order for Tritec Real Estate to build a 418-unit apartment complex at the corner of Union Boulevard and 4th Avenue. The recommendation item was the 18th and final item of the July 15th planning board meeting via Zoom.
Previously zoned as a business district, the developer requested a change of zone to a downtown development district in order to construct the apartments. Approximately 80 letters in support of the project were delivered to the planning board.
The developer and the planning board have met to discuss the project several times since the initial public hearing on the matter in November 2019. Since the initial presentation to the board, the number of apartment units has decreased twice: from 495 to 449, then 449 to 418.
“Certainly, they took it to heart and considered the requests and comments from the planning staff and the planning board,” said Edward Friedland, planning board chairman.
In addition to decreasing the size — including the fifth floor, aside from a 1,500-square-foot rooftop amenity — the parking ratio per unit increased to 1.48, which is within request of the planning staff.
Michael Moriarty, another board member, echoed Friedland’s point that the applicant worked well with the board and the planning staff.
“There has been a general sense that this is a good project,” he said. “There has had to be some give and take, which is natural in a process like this. But I do want to express my appreciation for the applicant diligently working through those issues with us.”
Eugene DiNicola represented the developer before the board via Zoom and made particular note of what the project provides for Bay Shore.
“The redevelopment of this 10-plus-acre site represents a $180 million investment in Bay Shore, and that is precisely what is needed to continue and perpetuate the financial revival of Bay Shore, especially following the pandemic which we are experiencing,” he said. “This development creates a walkable community and provides a necessary mix of housing, which is in demand today.”
DiNicola continued on to point out that the development will generate significant tax revenue on a large plot that currently does not generate any tax revenue.
“It is projected that the new residents from this development, based on the reduced number of units, will spend approximately $13 million annually within the Town of Islip,” he said. “It is also going to create a substantial number of construction jobs during construction and a substantial number of permanent jobs following the completion.”