News
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05.10.24
Newsday: New Lynbrook apartment building rises across from train station
A six-story apartment building that will bring 201 new apartments across the street from the Lynbrook train station has topped out, with its brick facade set to move into place by the end of July, the project’s developers said.
The Langdon, a project developed by Garden City-based Breslin Realty Development Corp. and Hoboken, N.J.-based Fields Grade Development, expects to open for tenants in late spring, early summer 2025, said David Orwasher, Breslin Realty’s chief development officer.
The project represents the latest example of transit-oriented development, which involves the creation of mixed-use buildings near transportation to create walkable communities.
The Langdon will have 55 studios, 111 one-bedroom and 35 two-bedroom apartments, as well as an 1,800-square-foot ground-floor restaurant with outdoor seating. The building will have a roof deck, dog spa and dog run area, an outdoor barbecue area, game room and lounge among other amenities, Orwasher said.
The building sits at the intersection of Broadway, Langdon Place and Saperstein Plaza, just steps from the train station, and a short walk to a corridor of restaurants on Atlantic Avenue, the Regal Lynbrook movie theater and Lynbrook Village Hall. The train trip to Penn Station takes about 35 minutes.
Orwasher believes the building will offer high-quality housing options for millennial and Gen Z Long Islanders as well as empty nesters who might otherwise leave the area.
“I think it’s going to contribute significantly to the reinvigoration of the downtown in the village of Lynbrook,” he said.
Orwasher said Breslin Realty hasn’t set rents for the building yet but he expects rents for studios in the “mid-to-high $2,000s,” one-bedrooms in the “mid-$3,000s,” and two-bedrooms in the “low-to-mid $4,000s.”
Twenty units have been designated as affordable housing with lower rents and will be set aside for people who earn up to 80% of the area median income.
As of June 1, that threshold on Long Island will be $87,500 for an individual and $100,000 for a couple, according to the U.S. Department of Housing and Urban Development. HUD updates the income limits annually. The developer is still finalizing the organization that will coordinate a housing lottery for those units.
Industrial history
Previously, the site had been home to an assemblage of industrial buildings including the long-closed Mangrove Feather Factory and a residential home.
Redeveloping vacant industrial sites can help Long Island communities overcome a shortage of available land to create housing, said Mike Florio, CEO of the Long Island Builders Institute, an Islandia-based trade group.
“We have to look at existing properties that are no longer serving their purpose or function and repurpose them for the future. This is a perfect example of that,” Florio said. “When you look at our train stations here, it’s usually big swaths of parking lots or other properties that are not necessarily the best use for that.”
Florio noted the larger-scale redevelopment that has been proposed in Melville, where the Town of Huntington is considering zoning changes that would allow the conversion of office space into mixed-use buildings with apartments.
Rising cost
In Lynbrook, the developers estimated three years ago the project would cost about $104 million. Orwasher said the final cost will be more, with rising interest rates contributing to the increase, but declined to give an exact number.
The project was required to set aside 10% of its units for affordable housing as part of a package of benefits the Hempstead IDA approved in 2021. The IDA granted $2.4 million in reduced sales and mortgage tax recording fees.
The IDA also agreed to a 30-year payment in lieu of taxes, or PILOT, agreement in which the developer will pay an average of about $948,000 in taxes a year. Before the project, the site had generated about $184,000 a year.
Fred Parola, executive director of the Hempstead IDA, said local IDAs have identified a lack of available housing as a problem across Long Island and noted the economic benefit that will come with new residents in the village.
“That many folks added to the downtown Lynbrook area will feed restaurants and existing stores will benefit from a project of this size,” he said.
Polly Talbott, president of the Lynbrook Chamber of Commerce, said the chamber is excited at The Langdon’s potential to bring new businesses to neighboring Broadway. Talbott, who owns a business offering private cooking classes, said she hopes the village will be able to attract a small supermarket or specialty food stores as it adds new tenants downtown.
“Once The Langdon is open, that whole strip on Broadway will be really popular because there’s some great space availability,” Talbott said.
The building will have 205 parking spaces, about one per unit, on its bottom two levels. Orwasher said creating that much parking came at the expense of more space it could lease but was necessary to win support for the project.
Now, the building is about a year away from opening.
“This was a journey,” Orwasher said. “We worked hard to engage with the community and government to develop a responsible and responsive project and I think we are doing that.”