Now I’m know real estate tycoon like Scott Rechler, but I am able to read and understand development plans… The development plan RXR and the Glen Cove IDA presented to Glen Cove and the public consisted of phases. Phase I of Garvies Point included the much-needed rental units and affordable housing (not to be confused with low income housing, of which Garvies Point offers none). Phase II was to encompass a luxury condominium complex.
This was the plan presented to all of residents, and which the Glen Cove Planning Board and various other local and regional officials approved.
But now that RXR Realty has received some of the necessary approvals, what’s happened? Well, apparently the developer has decided to skip on past Phase I and go right to – surprise, surprise – the luxury condominiums.
Of course given that RXR, Mayor Spinello and the IDA have resorted to loopholes and misrepresentations throughout the entire process of Garvies Point development, I guess no one should be too surprised. Examples:
- RXR forces Glen Cove to take out a $100 million dollar bond to pay for construction of amenities they were going to cover.
- The mayor’s promised “thousands of jobs” is reduced to just 200 and change when it comes time to put it in writing.
- Now, we see the “Mystic Seaport-like” wonderland we’ve been promised devolve into condos for the wealthy.
For RXR to coax residents, many of whom have children who cannot afford the cost of living on the North Shore and are forced to move away, with a promise of affordable housing – and then go right to luxury* condominiums – is truly sickening – even for the egomaniac Scott Rechler and his RXR mafia.
This is just another clear example of how this developer cares about one thing no matter what he says – cha-ching!!
Shame on Glen Cove and Nassau County for allowing the developer to break with the plan and build luxury condos. The developer should be made to deliver on its promises, in the order they represented to us in good faith. Will the affordable housing promised at Garvies Point ever materialize? Well, going by the track record – how this company and its patsies in Glen Cove government have twisted, misrepresented, loopholed and changed the plan so many times (after SEQR approval!), don’t submit your offer just yet.
As we saw in North Hills, with RXR’s new luxury condos straddled comfortably between two highways (which include valet services so millionaires don’t have to suffer the toil of carrying their own groceries!) this company builds for, and cares about, the rich. [You know – like the rich Chinese investors who now kinda own Glen Cove waterfront land thanks to Rechler. That’s right – by working with RXR we’ve sold our land to China.]
Despite Rechler’s ludicrous claims about caring for Glen Cove and us little guys, actions speak so much louder…
Tell Governor Cuomo today – you dont want 12 story towers on Long Island!
*Note: we don’t consider The Beacon in Glen Cove truly luxury condos as they sit on “remediated” (not to be confused with “cleaned”) toxic sites. They do, however, include ongoing toxic monitoring wells and radiological monitoring as recently required by the DEC, free of charge!