This development would not have been possible without the assistance of the Hempstead IDA. Through the IDA’s economic benefits program, we were able redevelop a vacant, former car dealership site into a new, vibrant apartment community. The $42 million investment into the community is also yielding further community benefits in the area via job creation/employment, increased consumer spending, and increased taxes, as well as kick-starting the Main Street redevelopment in Hempstead.
Maria Rigopoulos
Managing Director, MCRT