$100 Million Transit-Oriented Development Coming To Westbury, Long Island

The Westbury Village Board of Trustees has unanimously approved plans for a new five-story mixed-use residential development in Westbury, Long Island. Developed by Gotham Organization, the complex will yield 184 apartments, with 10 percent dedicated to affordable housing. The project will also include more than 15,000 square feet of ground-floor retail space, 254 parking spaces, and a public plaza. The 1.92-acre property is bounded by Railroad and Post Avenues and is located directly next to the Westbury Long Island Rail Road station.

The renderings preview a multifaceted design intended to appear as a collection of separate buildings. The façade will be composed of red brick in varying shades surrounding different arrangements of windows, some with Juliet balconies, and portions of the structure will have setback and cutout terraces on its upper levels. Numerous storefronts are pictured on the ground floor.

Rendering courtesy of Village of Westbury.

The property is occupied by a surface-level parking lot formerly used by the MTA.

The former Metropolitan Transportation Authority (MTA) parking lot directly next to the Westbury Long Island Rail Road station. Image via Google Maps.

Amenities will include a lobby, fitness center, roof terrace with barbecue grills, multi-sport simulator, lounge, and coworking space. 

Gotham Organization will agree to a 99-year ground lease with the MTA for the site, paying $2.25 million during construction, a $500,000 “capital transaction payment,” and a base rent beginning at $500,000 and incrementally increasing 12.5 percent every five years. The $100 million project marks the MTA’s first transit-oriented development on Long Island.

The developer has until March 2027 to apply for new building permits, but Gotham Organization intends to submit the applications sooner and break ground in the spring. Construction is estimated to take around 20 months, putting the anticipated completion date around the end of 2028. 

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