Thursday, 15 August 2013 00:00
On August 20th the Town of Oyster Bay (the “Town”) is asking you to decide whether it should sell a 54-acre parcel currently used by the Department of Public Works (the “DPW Parcel”). The driving force behind the sale would be to decrease the Town’s debt in order to prevent a downgrade in the Town’s Bond rating.
The influx of cash from the sale (approximately $32 million dollars) will be a temporary alleviation of the Town’s fiscal problems.
Although the Town has deemed the DPW Parcel to be surplus, the Town desires that any sale transaction for the DPW Parcel contains a lease component whereby the Town will lease the DPW Parcel for 5 to 10 years after the actual sale from the purchaser so that the Town may continue to use the DPW Parcel for necessary storage and related operations. Query whether the Town will need to purchase another site to continue such operations upon the expiration of its lease.
Your “yes” vote means that you believe the Town should sell the DPW Parcel to a consortium of developers of area malls and a residential community developer. This consortium states that it does not want another developer to purchase the DPW Parcel and build a shopping mall that would compete with their area malls. Instead, the consortium has indicated that it plans to build a mixed-use development after the Town lease expires.
A “no” vote means that you believe that the Town should not sell the DPW Parcel to the consortium. Taubman – a mid-west based mall developer would like you to vote “no”.
Taubman owns the adjacent 38 acre parcel and has been trying to develop a mall on that property for almost 20 years – if Taubman is able to purchase the DPW site in an open bidding process, they will more than double the space they currently own to build an even larger mall.
If the argument is to sell it to someone other than the mall developer (Taubman) to prevent the mall developer from buying it, then as long as the Town owns it and as long as the Town does not sell it, the mall developer will not be able to buy it, if it is “not for sale”.
The majority of the population does not want the mall, nor do I, nor the East Norwich Civic Association, but do we really want the Town of Oyster Bay to sell off such an asset to close a very deep financial hole.
How can it be surplus land owned by the Town if the Town still needs to use it for the next ten years? Will the taxpayers ten years out have to pay for replacement of this acreage at what hopes to be a better economy at potentially twice the price of replacement?
As complicated as this whole matter appears, it is really very simple: a Yes vote allows the Town to sell off an asset that they are using to partially close a financial gap that the public will need to find the funds to replace sometime down the road. Or, Vote No, not to sell it, neither to the consortium nor to the highest bidder (potentially Taubman).
Matthew T. Meng, President
East Norwich Civic Association
Thursday, 21 August 2014 00:00
If you missed the 6th annual champagne party at Coe Hall in Planting Fields, put it on your calendar for next year, because this is the party of the summer. A total of 175 guests attended, and many of them were in costume, a new addition to the popular champagne party. The always ebullient Henry Joyce, executive director of Planting Fields Foundation, greeted his guests with his date Daphne, a 3-month-old long haired Dachshund, who is a companion for his Great Dane, Lucy.
Friday, 22 August 2014 00:00
The 1907 Courthouse building is now known as the Marguerite and Joseph Suozzi Building, marked by a special ceremony held at the North Shore Historical Museum on Sunday, Aug. 3 to a packed house.
“It’s a great day for the Suozzi family and a great day for the museum. We are so grateful for the Suozzi family for this generous donation,” said Brian Mercadante, president of the museum.
Mercandante then gave some history on the building, which was built in 1907 by the Town of Oyster Bay, when Teddy Roosevelt was president and the Gold Coast was in its heyday. He described how it came to be a museum, explaining that Tom Suozzi came up with a plan for redevelopment during his term as mayor of Glen Cove in the 1990s.
Thursday, 21 August 2014 00:00
Kevin Mercier, 39, of Oyster Bay, led a large contingent of local runners in the Lynne, Gartner, Dunne & Covello Sands Point Sprint 5 Kilometer Run, held on the grounds of Nassau County’s Sands Point Preserve on Saturday morning, Aug. 9. Mercier was the 18th finisher overall and third in the 35-39 age group with a time of 21 minutes, 7 seconds.
Other local runners winning awards at the Sands Point Preserve were Nicholas Cuddy of Oyster Bay, who earned first place honors in the Clydesdale Weight Division with a time of 25:53, Joanne Gallo of Oyster Bay, who took home the first place award in the women’s 65-69 age group with a time of 28:11, and Anja Hermann of Oyster Bay, third place woman in the 20-24 age group, who finished in 28:47.
Thursday, 14 August 2014 00:00
Theodore Roosevelt Memorial Park in Oyster Bay will once again be the site of the Long Island’s premiere multisport event – the 27th annual Runner’s Edge - Town of Oyster Bay Triathlon on Saturday, Aug. 23, and the Runner’s Edge – Town of Oyster Bay Junior Triathlon for youngsters ages 8-13 on Sunday, Aug. 24.
The Saturday main event is a “sprint” triathlon, which consists of a half-mile swim in Oyster Bay harbor, a one loop 15 kilometer bike ride over hill and dale through beautiful Oyster Bay, Oyster Bay Cove and Laurel Hollow, and a 5 kilometer run through Mill Neck and Brookville, “up” to Planting Fields Arboretum and “down”to the finish at back at Roosevelt Park.