Apr 05, 2021

IDA to again consider tax aid for $6 million apartment building in Huntington Station

The Suffolk County Industrial Development Agency will try again this month to decide whether a proposed apartment building in Huntington Station will receive tax breaks.

IDA executive director Anthony J. Catapano said on Friday that the Northridge Square project will be on the agenda for the April 22 meeting of the agency’s seven-member board of directors.

At last month’s meeting, a quorum of four votes was lacking to act on a resolution granting $760,400 in tax breaks over 15 years to developer Blue & Gold Holdings in Huntington Station. Three board members voted “yea,” one voted “nay” and one abstained. Two others were absent.

“After discussion with board members, the application for BGNYAVE LLC — Northridge Square will be considered at the April 22, 2021 IDA Board Meeting so that hopefully the full board of seven members will have the opportunity to consider and weigh in on the application for IDA assistance,” Catapano said. “While the project appears to fit within the agency’s existing policies and criteria, each member is within their right to vote as they see fit.”

He was responding to a request for comment by Newsday after Suffolk County Executive Steve Bellone called on the IDA board “to act swiftly in support” of Northridge Square in a March 26 letter to Catapano.

The $6 million project is 20,337 square feet and would be located on New York Avenue near the Long Island Rail Road station. The multistory building would have 16 one-bedroom apartments — three of them with below-market rents — and space for offices or stores on the first floor.

Read more at Newsday…