45-unit apartment complex gets preliminary OK — with conditions
A proposed five-story, 45-unit affordable apartment building on West Main Street received preliminary site plan approval from the Riverhead Planning Board Thursday night — but that approval came with...
View Article45-unit apartment building in Riverhead clears final hurdle
A proposed 45-unit affordable apartment building on West Main Street received final site plan approval from the Riverhead Town Planning Board Thursday night. Peconic Crossing, a joint venture between...
View ArticleTax breaks for apartment projects, hard cider distillery up for discussion
The Riverhead Industrial Development agency will have a busy meeting next month, when two large downtown apartment projects are scheduled to make presentations and the board also decides the fate of a...
View ArticleTwo projects granted tax incentives from Riverhead IDA
Two projects received tax incentives from the Riverhead Industrial Development Agency Monday, and two others began the process of applying for them. In addition to approving tax abatements for a...
View ArticleApartment project gets 10-year tax abatement from IDA
Peconic Crossing, a 45-unit, five-story “workforce housing” apartment building proposed on West Main Street, will get a 100 percent property tax abatement on the value of the improvements for 10...
View ArticleFive story, 170-unit apartment complex proposed at former Sears site
The former Sears property in downtown Riverhead could be developed with a five-story, 170-unit apartment complex that would feature a mix of affordable and market-rate rentals. The proposal comes...
View ArticleDowntown Riverhead project, Peconic Crossing, gets $350K from county
The developers of Peconic Crossing, a 45-unit affordable apartment project proposed for West Main Street in Riverhead, will receive $350,000 from Suffolk County to pay for infrastructure improvements...
View ArticleMore than 900 looking for affordable rentals apply to live at Peconic Crossing
Frances Twyman is a great-grandmother from Riverhead. She lives in emergency housing and more than 80 percent of her income goes to rent. If selected to live in one of the new affordable apartments...
View ArticleCelebrating the opening of Peconic Crossing in downtown Riverhead
New York’s lieutenant governor and the Suffolk County executive joined local officials Monday for a “ribbon cutting” to celebrate the opening of Peconic Crossing, a 45-unit affordable rental project...
View ArticleTop stories of 2018: Will apartments save — or hurt — downtown Riverhead?
For years, Riverhead Town officials have been trying to come up with ways to revitalize downtown, which many feel has suffered as a result of the onslaught of big box retail stores on Route 58. In the...
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