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You Deserve The Truth...
[From LI Advance 2/16/2011] |
|
About NEW VILLAGE AT THE FOUR
CORNERS
[You
Deserve The Truth...PDF
 ] |
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Over the past
few weeks, Elisabeth McGuire and
the Residents First candidates
have asked to come into
your homes to appeal for your
vote. Unfortunately, when it
comes to New Village at the Four
Corners, they have been less
than honest with you. The only
information they have shared
with you is misinformation.
Mayor Paul Pontieri and the
Patchogue 2012 Team want to
share with you… the truth. |
|
 New
Village is not low income or
Section 8 housing. Units are
geared to those earning $60,000
to $120,000+ per year. In fact,
Brookhaven Hospital, Brookhaven
National Lab and Stony Brook
University have indicated that
there is a great need for
quality housing for doctors,
nurses, professors, high-tech
industry researchers and
technologists, scientists,
administrators and staff. New
Village will attract young
professionals, families, empty
nesters and seniors who want to
stay in Patchogue and live in a
safe, walkable community. These
residents will have an estimated
purchasing power of $6.3 million
dollars to spend at shops,
restaurants and other businesses
that support our local economy. |
There is a plan for owner
occupied housing in New Village.
There are 51 market rate units
that are
specially designed to allow for
conversion to owner occupied
units when market conditions
improve.
TRITEC has secured the funding
for New Village. Despite what
the opposition is telling you,
this $100 million dollar
investment is funded and ready
for phase one construction to
begin. TRITEC has already spent
over $20 million dollars to
purchase the properties and
restore 31 West Main Street.
Construction has been held up by
an Article 78 action. Two
individuals, including Elisabeth
McGuire, and seven businesses
are suing the Village of
Patchogue to stop the project.
Think about this: There are over
12,000 residents and nearly 500
businesses in the village, and
yet a handful are delaying
progress. |
 TRITEC
did not “bait and switch” the
hotel at the eleventh hour. The
Mayor, Trustees and members of
the Planning and Zoning boards
were aware of the change in
plans as early as December 7,
2009. TRITEC advised that 20
hotel groups were targeted, but
none were willing to make the
investment, thus taking the
hotel out of the plan and
replacing it with 51 market rate
rental units. The revised plan
was submitted to the Village
board November 2010 and approved
by the Village Board on March
16, 2011, over 16 months after
learning that there would be no
hotel. |
Why haven’t they demolished the
old Swezey’s building. The
Article 78 lawsuit prevents TRITEC from demolishing the
building. In the unlikely event
that these legal issues persist,
TRITEC may be forced to lease
the property as it currently
exists to minimize the financial
impact caused
by the delays. |
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The impact on the local economy
will be significant. New Village
residents will generate over
$935,000 in estimated retail
sales for the Patchogue area
with an increase of over
$620,000 in estimated sales
taxes. This will create a
significant boost to the local
economy, attract new businesses
and create much needed jobs. New
Village will increase the value
of your home. Patchogue Village
will become a destination that
will attract professionals and
working families who want to
live in a community that offers
a vibrant downtown with a wide
variety of amenities including
new retail shops, restaurants,
entertainment and employment
opportunities. |
 There
is ample parking. An independent
parking study commissioned by
business owners states there
will be more than enough parking
at New Village upon completion.
Visit www.patchogue2012.com, or
scan the QR code on this ad to
get the results and conclusions
of the study.
New Village will create over
1500 jobs. These much needed
employment opportunities include
850 construction jobs and 260
full time jobs once the project
is complete. In addition, there
will be a secondary employment
impact of 450 additional jobs in
the community. Projected payroll
with full time jobs is $12
million dollars with a secondary
earning impact of over $21
million dollars. |
|
TRITEC has built many successful
real estate developments. From
New York to Washington DC and
Virginia, TRITEC has built some
of the most successful
residential, retail, industrial
and medical developments on the
east coast. Visit
www.patchogue2012.com or scan
the QR code on this ad to see
what TRITEC has done in other
communities. |
|
New Village will not burden our
school system. It is estimated
that only 33 school-age children
will reside at New Village. The
Patchogue- Medford School
district will benefit from the
nearly $400,000 in net property
tax gain. |
 The
Carnegie Library will be
preserved. This important piece
of Patchogue history will be
moved by TRITEC and relocated to
West Avenue at no cost to the
taxpayer. Once there, it will be
restored and once again serve to
benefit the Patchogue community.
Finally… Our opponents do not
have a plan for the Four
Corners. They are trying to
persuade you with gross
misinformation and false
promises that they will stop New
Village and renegotiate a new
plan. This is simply not true.
If they are elected, all they
will do is delay construction of
this $100 million dollar
investment. Their irresponsible
and politically motivated
actions will result in a severe
downturn in the local economy,
cause businesses to close up
shop, create empty storefronts
and blight, drive away
investors, lower your property
values, and put a stop to
progress and the continued
revitalization of Patchogue
Village. |
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These are the facts. When
Elisabeth McGuire and the
Residents First candidates knock
on your door, show them this ad
and challenge them. Let them
know that you know the truth
about New Village at the Four
Corners. |
|
[You
Deserve The Truth... PDF
] |
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