The Town of Islip has sold a 4-acre plot of town-owned land for $503,100 to a private company that plans to develop single-family homes on the vacant parcel in Islandia.
The town board unanimously approved the sale of the property on Old Nichols Road to Hicksville-based Pinewood Development Company. The sale, authorized at Tuesday's meeting, is part of a new effort to get underutilized parcels on the tax rolls, to help close a projected $26 million deficit.
Islip Councilwoman Trish Bergin Weichbrodt, who chairs a committee aimed at identifying surplus properties for potential sale, said the town is vetting offers and expects to complete more sales this year, including for a 23-acre parcel on South Technology Drive in Central Islip.
"By responsibly shedding our town of these excess properties, we can help restore Islip's fiscal health, asset by asset," Bergin Weichbrodt, who is also deputy supervisor, said in a statement. "We will get these properties back on the tax rolls and bring business to Islip."
Uri Hason, president of Pinewood Development, said he plans to build single-family homes on the parcel, which is zoned residential and is on the east side of Old Nichols Road, about 200 feet south of Gooseberry Lane.Up to six homes could be built on the site, Bergin Weichbrodt said.
"We think Islandia's a very good location -- the middle of the Island, excellent visibility," said Hason, adding his company has not drafted a proposal. Pinewood paid the 6 percent broker fee, officials said.
Bergin Weichbrodt said town officials "didn't discuss what they wanted to use it for," before authorizing the sale and stressed that Islandia Village officials, not Islip, would have to approve development at the site.