Long Island Warms Up to Apartments

Long Island, for years a bastion of antidevelopment sentiment, is warming up to rental-apartment projects as demand for them grows from people either unwilling or unable to buy single-family homes.

In the latest example of a project moving forward, AvalonBay Communities Inc. is poised to receive a rezoning Monday that essentially clears the way for it to build more than 300 apartments in Huntington Station. It would be Huntington Station’s first new apartment complex in a decade, said Frank Petrone, Huntington’s town supervisor who plans to vote for approval.

“The big need on Long Island is different types of housing, including rental,” he said. “It’s very easy to say, ‘No, no, no, people don’t want it.’ [But] if you don’t change with the times, the area will change, it will deteriorate, no question.”

Read more at The Wall Street Journal

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About Bob Voelker

Head of the Munsch Hardt (Dallas law firm) Hospitality & Mixed Use Development Group, and former developer of affordable housing. I'm i
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