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New Long Island rental complex sells for $42.85M | Long Island Business News - Vimarsana News

New Long Island rental complex sells for $42.85M | Long Island Business News

The new 80-unit building was 98 percent occupied at the time of the sale.

Source: libn.com
Developer Proposing Second Phase for Westbury Multifamily Apartment Project - Vimarsana News

Developer Proposing Second Phase for Westbury Multifamily Apartment Project

The Cornerstone will advance the plan of the village to revitalize the downtown area around the railroad station.

Developer: Cornerstone Patchogue Plan Environmentally Progressive - Vimarsana News

Developer: Cornerstone Patchogue Plan Environmentally Progressive

UpdatedTue, May 18, 2021 at 11:46 am ET Replies(5) The planned plantings at Cornerstone Patchogue will incorporate native plantings. (Terwilliger & Bartone Properties) PATCHOGUE, NY—The Cornerstone Waterfront at Patchogue is a four-story apartment complex that's been given conditional approval from the Patchogue Village Planning Board after some local opposition from residents and board members which led to plan revisions. The Long Island based development group Terwilliger & Bartone Properties has been working with a local environmental consulting firm to plan ecological restoration of the...

Source: patch.com
$22M Long Island seniors community trades | Real Estate Weekly - Vimarsana News

$22M Long Island seniors community trades | Real Estate Weekly

The Cornerstone Hauppauge to a joint venture between two institutional partners. The developer built the 55+ luxury community in Hauppauge, N.Y. in 2019 at a cost of $22.5 million, according to documents filed with the Town of Islip IDA. The CBRE team of Jeffrey Dunne, Gene Pride, Travis Langer and Zach McHale, along with Aron Will and Austin Sacco of CBRE’s Senior Housing Group, represented the seller and procured the buyer. The Class A multifamily community offers tis residents a clubhouse and lounge, conference room, caterer’s kitchen, fitness center and outdoor grill. The apartments f...