NY Needs 1M More Homes; New Housing in Lynbrook, E. Patchogue

"Building an additional million housing units in a decade may seem impossible, but if the region builds homes at the pace it did after World War II, it could meet all the expected demand," wrote the Daily News Editorial Board. "And if that sounds implausible, consider that if the region built at the pace it did from 1990-2000, it would close almost half the region’s housing gap, raise investment by as much as $300 billion, and potentially create $400 billion in economic growth."

This past week alone, new projects hit key milestones on the South Shore:

NYS HCR Commissioner RuthAnne Visnauskas joined Suffolk County Executive Ed Romaine (R), Brookhaven Town Supervisor Dan Panico (R), and other local and state elected officials to announce construction had begun on The Grove, a 55-unit mixed-use three-building development by Georgica Green Ventures, LLC in East Patchogue. LI Business News also covered this groundbreaking, where all future apartments will be priced for households earning at or below 90% of the area median income (AMI), and 17 units are dedicated to residents in need of support services. 

In Lynbrook, Newsday reported that The Langdon, a new six-story, 201 residential unit building across the street from the village's LIRR station has topped out and will have a brick facade in place by August. This Breslin project includes 55 studios, 111 one-bedroom and 35 two-bedroom apartments, a roof deck, and a pending housing lottery for residents earning up to 80% of the area median income (AMI) for 20 of the units.