Construction starts on 74-unit apartment complex in Port Jefferson
Construction on a 74-unit apartment complex in Port Jefferson is underway after the developer earned tax breaks from the Town of Brookhaven's Industrial Development Agency. Credit: Newsday / Bill Davis
Ground was broken last week in Port Jefferson for a 74-unit apartment complex that received economic assistance from Brookhaven Town, officials said.
Rail Realty LLC of Port Jefferson plans to build two three-story apartment buildings at the northeast and southeast corners of Texaco Avenue and Linden Place in the village's Upper Port section, near the Long Island Rail Road's Port Jefferson stop, according to a news release from the Brookhaven Town Industrial Development Agency.
Only 25¢ for 5 months
Ground was broken last week in Port Jefferson for a 74-unit apartment complex that received economic assistance from Brookhaven Town, officials said.
Rail Realty LLC of Port Jefferson plans to build two three-story apartment buildings at the northeast and southeast corners of Texaco Avenue and Linden Place in the village's Upper Port section, near the Long Island Rail Road's Port Jefferson stop, according to a news release from the Brookhaven Town Industrial Development Agency.
The IDA, the business arm of Brookhaven Town, provided tax breaks and other incentives for the project. Construction is expected to create 69 jobs; five permanent jobs are expected when the project is completed.
"Our assistance to this project means that the developer will be able to offer our town much-needed rental housing options," IDA chairman Frederick C. Braun III said in a statement.
Each apartment building is to include 54,829 square feet of living space, with one- and two-bedroom units rented at market rates, IDA officials said. The apartments will have on-site parking.