The Daily Dirt: Rental project approved after just 11 years

It only took 11 years. A 246-unit, 123 million Hempstead project in the works since at least 2015 is finally happening, and at a larger scale than originally planned — a positive sign but also a cautionary tale for transit-oriented development on Long Island. Smaller versions of the project died between 2015 and 2020 because the developer, Rashid Walker’s First Street Companies, could not get the agreement for PILOTs — payments in lieu of taxes — it needed.