IDA To Vote Tonight On Latest Superblock Proposal

LONG BEACH, NY — The Nassau County Industrial Development Agency (IDA) will be holding a meeting tonight to vote on whether or not to give tax breaks to the newest developer of Long Beach's Superblock site.

The IDA held meetings last week to discuss the proposal by Garden City-based developer Engel Burman. The developer is proposing to build 238 apartments and 200 condominiums on the six-acre site, which fronts the ocean on Shore Road, between Long Beach Boulevard and Riverside Boulevard. The project would also include retail space.

An economic impact study on the project by the IDA said that the project would create 883 jobs and bring about $21.5 million in spending to the area each year from new residents. It also estimates the developers would pay $23 million in Payments In Lieu Of Taxes (PILOTs) over 25 years.

The meeting will begin at 6:30 p.m. and will be held virtually via Zoom. Those who wish to watch need to register in advance by clicking here.