SITE PLAN APPROVED/Opportunity Zone a project for 126 units + retail. Parnership dissolution. Seller financing as little as 25% down and favorable terms. Can expand the project an additional 6 floors and up to 185 units total by right (or make the build smaller, works for a smaller project) Nearby developments: Lennar and Swerdlow group 79th St projects, Swerdlow Group mixed-use brightline mega project and HueHub on 84th St w/ 4,032 units. Benefits of this project include 75% reduction in property taxes in perpetuity, waiver of impact fees and refund in sales tax on materials, CRA TIF Incentivites. Cost savings of $1,713,600 off construction estimate. Updated water/sewer infrastructure provided by the county and is being installed abutting the property. Construction estimate available.
