Elected officials and community leaders joined developers in East Patchogue Wednesday at a groundbreaking ceremony for a $46.7 million apartment project.
Plainview-based Rechler Equity Partners is developing the 91-unit apartment complex called Greybarn Patchogue. The 3.4-acre development site at 303 East Main St. was formerly occupied by the Mediterranean Manor catering hall and other small businesses.
The new three-story building will bring 46 one-bedroom apartments and 45 two-bedroom apartments with amenities that include a clubhouse, outdoor pool and courtyard. Monthly rents will range from $2,922 for the one-bedroom units to $3,507 for the two-bedroom units. Eight of the apartments will be designated as affordable and offered at reduced rents of $1,948 a month for the one-bedroom units and $2,338 a month for the two-bedroom units, according to documents from the Brookhaven Industrial Development Agency, which provided economic incentives for the project.
In addition to the apartment development, Rechler Equity is donating a 1.01-acre parcel at 313 East Main St. to the Patchogue Arts Council, which plans to use the space for exhibits, live music performances and more. Both the state and county governments have pledged funds for the construction of a new 11,800-square-foot arts center on the donated land.
The Patchogue project will be the second Greybarn community developed by Rechler Equity Partners. The developer built a 500-unit Greybarn complex on the 20-acre site formerly occupied by a trailer park on Broadway in North Amityville. That community also includes 45,000 square feet of retail space.
Greybarn Patchogue is the second new multifamily project under the Town of Brookhaven’s East Patchogue Incentive Overlay District. Construction began in May on a $33.75 million affordable and supportive housing project called The Grove on a long-vacant 2.78-acre site at 400 E. Main St. GGV Grove Apartments LLC, a group headed by Jericho-based Georgica Green Ventures, is developing the three-building rental complex that will bring 55 apartments to renters of households earning 50 percent to 90 percent of the area’s average median income.