Horizon Investing Horizon Investing
  • Testimonials
  • Advantages
  • Assets
  • Sectors
  • Communities
  • Investor Login
    • Investor Portal Training Documents
  • Tour Of Excellence
  • Testimonials
  • Advantages
  • Assets
  • Sectors
  • Communities
  • Investor Login
    • Investor Portal Training Documents
  • Tour Of Excellence

It only took 11 years. A 246-unit, $123 million Hempstead project in the works since at least 2015 is finally happening, and at a larger scale than originally planned — a positive sign but also a cautionary tale for transit-oriented development on Long Island. Smaller versions of the project died between 2015 and 2020 because the developer, Rashid Walker’s First Street Companies, could not get the agreement for PILOTs — payments in lieu of taxes — it needed. The mayor at the time was not a fan of PILOTs. The current mayor is. Now Walker has Hempstead’s blessing and a […]

This article originally appeared on The Real Deal. Click here to read the full story.

Posted in: Uncategorized Author:

Leave a Reply / Cancel Reply

© Copyright 2026 Horizon Investing / Powered by WordPress