The Nassau County Industrial Development Agency granted tax breaks to a 29-unit apartment development in Glen Cove, part of a wider push to add housing in the city.
The $12.5 million project, which has faced zoning roadblocks for years, is set to take the place of a vacant auto body repair shop on Glen Street near the city’s downtown. The developer — 115 Glen Street Property Owner LLC — will set aside four housing units for households with 80% of the area median income, and two units at 130% of the area median income. The construction of the three-story building is expected to take about 18 months, said Dan Deegan, an attorney for the developer, in a phone interview.
The Nassau County IDA unanimously granted a 15-year PILOT — payment in lieu of taxes — agreement and a mortgage tax exempt

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