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Hempstead Town officials asked to streamline proposal

Farmingdale-based Posillico Development LLC and Virginia-based Avalon Bay

Farmingdale-based Posillico Development LLC and Virginia-based Avalon Bay Communities Inc., have partnered to develop the former Cibro facility, at 7 Washington Ave. in the Harbor Isle section of Island Park. Above, a view of the 11.6-acre site on May 10, 2013. Credit: Howard Schnapp

Community leaders joined developers of a proposed $90 million, 172-unit housing development in Island Park on Tuesday in asking the Hempstead Town Board to hold a hearing on the updated plan.

The development plan for the Battery at Harbor Isle & Avalon Yacht View calls for turning a former oil storage and distribution site on Washington Avenue in Harbor Isle, part of Island Park, into 140 rental apartment units and 32 condos near the water with boat slips.

"How important it would be to send a signal that Island Park is back," Michael Posillico, principal of Farmingdale-based Posillico Development LLC, said at Tuesday's town board meeting.

Posillico had received town approval in 2008 to build 172 condos on the 11-acre site. The town board modified the previous covenant in 2010 to allow for up to 10 percent of the units to be rentals. Now, Posillico is asking the town to lift a restrictive covenant on rentals so Virginia-based Avalon Bay Communities Inc. can construct eight apartment buildings.

In response to Posillico, Hempstead Town attorney Joe Ra said the request has to go through an environmental process before the board can set a hearing date.

"We ask to get this in front of the board as soon as possible and give Island Park a priority," chamber president Glenn J. Ingoglia said. "We need people to patronize the businesses or they would not last."

The site, which has been vacant for more than a decade, is part of the New York State Brownfield program, which seeks to clean up toxic waste sites. As the landowner, Posillico would have until Dec. 31, 2015, to complete the estimated $12 million cleanup to be eligible for the program's tax credits. Avalon, which has an office in Melville, then would purchase the portion of the property where the rentals would be.

"Time is running out," Posillico said.

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