In the final days of the hotly contested skirmish over 54 acres of land that the Town of Oyster Bay wants to sell, harsh accusations are flying thick and fast-- some with more merit than others.
Last Tuesday, the town board approved payment of $600,000 in legal fees to Sinnerich, Kosakoff & Messina, LLP for negotiating the sale of town land to a trio of developers and fending off legal challenges.
The next day, Long Island Jobs Now, an entity backed by rival developer Taubman Centers, put out a statement calling the sum “suspiciously large” and complained that the move “raises serious questions about whether the Town is illegally funneling taxpayer money into a slush fund to pay for its campaign to sneak this bad deal past the taxpayers.” A spokesman called on the town to “open its books and detail how each dollar of this account is spent.”
Richard Turkisher, Director of the Birchwood Civic Association, has plenty of reasons to vote “yes” in the upcoming August 20 referendum on the sale of the large Department of Public Works (DPW) property on Robbins Lane, adjacent to the former Cerro Wire site. The Merry Lane resident is concerned about Taubman Centers Inc. developers’ plan to erect a 750,000 square-foot mall on the former Cerro Wire site near his residence. A “yes” vote will secure the sale of the DPW property to Simon Property Group, the Albanese Organization and Castagna Properties, thereby preventing Taubman from expanding its development plans.
“A shopping mall is very unnecessary in our community,” said Turkisher. “It will create a horrible traffic situation in a residential area and there are too many malls as it is. Just fifteen minutes from here is the Walt Whitman Mall and Roosevelt Field.”
The Town of Oyster Bay’s “One Town, One Book” selection Wonder was performed live by The Patio Players, a Plainview-based theater group, and sponsor of the Men’s Club of the Plainview Jewish Center, last Thursday evening at the Plainview Library.
Since the local Homes by Mara Realty was established in 2010, the agency has grown from five to 35 agents and sold $16 million in properties in 2011, $39 million in 2012, and $50 million so far in 2013, according to Mara Navaretta of Homes By Mara.
As she reflects upon three years of progress, Navaretta says she wants to give others “hope,” and remind people that “it is not impossible to be a minority (woman) and own a wildly successful business.”
On Aug. 20, residents of the Town of Oyster Bay will vote whether to approve the sale of the town’s 54-acre Department of Public Works complex to a local consortium consisting of Simon Property Group, the Albanese Organization and Castagna Properties.
If the sale goes ahead, the town will get $32.5 million. The consortium has indicated it intends to build a mixed-use facility on the site, but has no legal obligation to do so.
The town board already approved the sale, unanimously, back in May.
With the referendum on the Town of Oyster Bay’s proposed sale of its DPW complex to Simon Property Group and its partners, the Albanese Organization and Castagna Properties, set for August 20, a recent development concerning the Town’s bond rating has generated more concerns.
Late last month, Standard & Poor’s Rating Services placed the Town of Oyster Bay on “credit watch.” S&P analyst Lindsay Wilhelm said the move “reflects our view that if a voter referendum for a property sale fails to pass, or the sale does not otherwise proceed as planned, the town could have difficulty meeting its financial obligations if it further fails to receive state approval to issue deficit bonds on a timely basis.”
As we gear up for another election season, Long Islanders are invited to cast their votes for another important race, 2013 Savvy Senior. Long Island’s Association of Generational Experts for Seniors (AGES) is now accepting nominations for Long Islanders’ favorite “Savvy Senior” citizens until Saturday, August, 31.
Each senior entered will be considered a candidate for 2013’s Savvy Senior King and Queen, both of whom will be announced and crowned during AGES’ Fourth Annual Savvy Senior Day, which is fittingly taking place just before Grandparents Day on Saturday, September 7 from 11 a.m. to 2 p.m. at the Holiday Inn in Plainview. All seniors nominated will be publicly recognized, with the King and Queen receiving gift certificates toward professional studio portraits, compliments of Bradford Renaissance Portraits.
Chief of Heart Failure Services at North Shore-LIJ In Plainview Dr. David Friedman recently reviewed a scientific study conducted at the Cardiovascular Institute at Rhode Island, The Miriam and Newport hospitals on a possible link between successful heart surgery and the lunar cycles - and found the results to be “tantalizing.”
Submitting his take on the study to a health website, the study investigated the potential impact of lunar cycles on survival and the length of time a patient remains in the hospital following an aortic dissection repair, which is when a tear in the inner wall of the aorta causes blood to flow between layers of the aorta’s wall.
An unfortunate car accident unfolded recently on the evening of July 16th on Old Country Road, resulting in great physical and financial losses for many of the affected.
At approximately 6:15 p.m., a white box truck cut a red light whilst speeding, crashing into a small Buick and crushing it promptly after. The Buick’s hood was ripped off, with shreds of metal left across the road; the box truck’s momentum from the crash sent it into the air and flipped it as the truck landed sideways onto a Ford van, cleanly cutting off a portion of the van.
Plainview-based Renaissance Downtowns CEO Donald Monti recently announced that after evaluating the final two proposals to redevelop the Nassau Coliseum, he has endorsed The Madison Square Garden plan as ‘the one that will deliver the most benefits for Long Island.’ Monti has proposed a $600 million technology development for the 77-acre Nassau County Hub property that is home to the coliseum, and according to Monti’s spokesperson Brandon Palanker, they are ‘the designated master developer – selected through a competitive RFQ (request for quotation) process’.
The other proposal is by Forest City Ratner Executive Chairman Bruce Ratner, developer of the recently constructed Barclay’s Center in Brooklyn, and Blumenfeld Development Group’s Ed Blumenfeld, who recently joined forces following Blumenfeld’s original proposal not selected as a finalist by Nassau County Executive Ed Mangano.
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