516-227-0700

$50M assisted-living project gets early OK on tax breaks

May 20, 2019

A 150-unit Bristal Assisted Living facility planned for Bethpage has received preliminary approval for tax breaks from Nassau County’s Industrial Development Agency.

The $50 million project, proposed by Garden City-based developer Engel Burman Group, is planned for 1055-1065 Stewart Ave. It would be the 10th Bristal facility in Nassau.

Engel Burman has developed or is in the process of developing 21 assisted-living communities in New York and New Jersey. More than 3,000 residents live at Bristal facilities, attorney Peter Curry, a partner at Farrell Fritz in Uniondale who represents Engel Burman, said at Thursday night’s IDA meeting.

The 135,000-square-foot Bristal at Bethpage would employ 50 people full time and 20 part time after three years. Those in management positions will earn $80,000 a year, on average, employees in administrative roles will earn a yearly average of $60,000, and those in “production” jobs will average $40,000, according to the company’s IDA application.

View the PDF

  • Related Practice Areas: Real Estate
  • Featured Attorneys: Peter L. Curry
  • Publications: Newsday