WESTBURY, NY- Nassau County Executive Edward P. Mangano and the Nassau Industrial Development Agency announced today the approval of an economic development compact that will foster the development of a mixed-use project here.
The incentives will allow MPA Owners, LLC to demolish two under-used century-old buildings located at 157-161 Post Ave. and build in their place a new 20,700 square-foot building with 10 one-bedroom rental apartments and four retail stores.
County Executive Mangano stated, “This project not only helps in revitalizing an important Nassau County downtown, but also improves the quality of life and spurs economic development in the village while increasing the availability of rental apartments, which are in short supply and high demand.”
The nearly $2-millilon project will generate economic benefits to the county of $1.8 million for the local economy, according to county officials and will create at least four full-time equivalent construction jobs and three permanent jobs.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
