Nassau agency votes down tax break for Long Beach developers

The Nassau Industrial Development Agency rejected a builder's request for $109 million in tax breaks to build a luxury condo complex off the Long Beach

As News 12 has reported, developer iStar and contractor E.W. Howell want to build 522 oceanfront apartments and 11,000 square feet of retail space on the property known as Superblock, between Long Beach and Riverside boulevards.

As News 12 has reported, developer iStar and contractor E.W. Howell want to build 522 oceanfront apartments and 11,000 square feet of retail space on the property known as Superblock, between Long Beach and Riverside boulevards. (7/28/16)

LONG BEACH - The Nassau Industrial Development Agency rejected a builder's request for $109 million in tax breaks to build a luxury condo complex off the Long Beach boardwalk.

The decision came down to a 3-2 vote.

The vote sparked protests from union workers outside the Nassau Legislature chambers. The project would have meant hundreds of jobs.

"We just lost a million man hours of work. A complete insult to the people that live in Long Beach. Many of my members live in Long Beach. They still haven't recovered from Sandy and they need these jobs," says Nassau Suffolk Building Trades President Richard O'Kane.

The five-member IDA board said after careful consideration that more than $100 million in tax breaks wasn't warranted.

As News 12 has reported, developer iStar and contractor E.W. Howell want to build 522 oceanfront apartments and 11,000 square feet of retail space on the property known as Superblock, between Long Beach and Riverside boulevards.

The builders said without the tax breaks, they could not afford to build the oceanfront complex.

Residents who blasted the plan for being too rich for taxpayers applauded the board's decision.

The attorney for the developers was disappointed by the board's decision. He turned down News 12 Long Island's request for comment.

advertisement | advertise on News 12

Top 5 Must See

1 Farmingdale State men's basketball headed to NCAA tourney
2 Tebow begins MLB dream in Mets spring training
The controversial Islandia casino opened for business Monday. 3 Jakes 58 casino opens in Islandia
News 12's Lily Stolzberg has some trivia about 4 On the Spot: TV shows
A new study warns that current strains of 5 Study: Today's pot more potent

advertisement | advertise on News 12

More News

IStar Financial wants to build rental apartments on Superblock apartment fight heads to public meeting

A public meeting was held Wednesday night on a tax break for a developer's proposed

IStar Financial wants to build rental apartments on Developer: $128M in tax breaks needed for apartment project

Two proposed apartment buildings in Long Beach cannot move forward unless the plan is granted

A Manhattan developer is asking Nassau County for Developer asks Nassau for tax breaks

A Manhattan developer is asking Nassau County for tax breaks on two proposed luxury apartment

A proposal to build luxury condominiums in Long Residents complain of building height in condo proposal

A proposal to build luxury condominiums in Long Beach has some residents concerned about the

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE