Density Bonus in Action in Mineola

Mineola, NY has approved a new 257-unit transit-oriented development, which will benefit from a density bonus. The project is expected to pump $2 million dollars into the economy.

"In the ongoing effort to transform Mineola's transit hub into a walkable downtown, the village board and local residents heard a proposal to replace an office building at 250 Old Country Rd. with a nine-story residential condominium complex.

Plans for the building, once used by KeySpan, were introduced at a public hearing Wednesday night.

The 257-unit building would stand about 100 feet high, including a penthouse, and have 397 below-grade parking spaces, a 24-hour concierge, a fitness center and rooftop terraces, project planners said. The condos, within walking distance of the LIRR station, would be aimed at young professionals and senior citizens.

"The proposed residences will breathe life into the area," said Kevin Walsh, Garden City attorney for developers Michael Yeroush and Robert Kohan, who are under contract to buy the existing building from the Metropolitan Transportation Authority."

Full Story: Residential condo proposed for Mineola transit hub

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