News

Developer Buys Downtown Patchogue Plant, Will Work With Officials On Hotel Plan

The burgeoning downtown of Patchogue in Suffolk County, Long Island, could be getting a hotel in a few years.

Developer Parviz Farahzad, founder of Little Rock Construction and Properties, is under contract to buy 109 West Main St., a 2.5-acre plot containing a dialysis center run by Brookhaven Memorial Hospital Center, Newsday reports. The purchase price is less than $5M, and Farahzad expects to take several months to close the deal.

Farahzad and Patchogue Mayor Paul Pontieri have already met to discuss plans for the site, Newsday reports. Pontieri has publicly advocated for the development of a hotel to capitalize on its location on a downtown strip that has seen a boom in restaurant construction over the past few years, in addition to a new live theater and arthouse cinema. Anheuser-Busch is planning to open a new brewpub in the summer for Blue Point Brewing Co., which was founded in the village, down the street from the dialysis center.

Pontieri stated his trust in Farahzad due to his development of a former shopping center into a Lowe's just east of Patchogue, as well as his redevelopment of the former assembly plant for the Apollo Lunar Module into production facility Grumman Studios.

Brookhaven will move its dialysis operation to the building which used to house the John J. Foley Skilled Nursing Center in Yaphank, a move that will also allow it to expand its capabilities.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

Banks Are Manhattan's Latest Hot Retail Tenant

RXR Marketing Executive Lauren Maturo Dies At 32

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Meet Bisnow's 2026 New York Power Women Honorees

Related, Oxford Land Tenant For Top Floors Of 70 Hudson Yards

BXP Execs See Better Returns In Building Offices Than Buying Them

$60B Fintech Ramp Inks Huge Expansion In Flatiron: The N.Y. Deal Sheet

As The Future Of The Office Continues To Evolve, WeWork Is Bringing Clients A Tailored Workplace Solution

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Bouwinvest, Tishman Speyer Launch U.S. Office Venture With Chrysler Building As Debut Deal

NYC's All-Electric Building Push Created A Heat-Billing Puzzle. The LFG Split Utility Panel Could Solve It

COPA Passes City Council, Heads To Mamdani's Desk