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BROOKHAVEN INDUSTRIAL DEVELOPMENT AGENCY CLOSES ON ECONOMIC INCENTIVES PACT FOR SENIOR HOMES, ASSISTED LIVING IN MOUNT SINAI

01/25/19

FARMINGVILLE, NY (Jan. 25, 2019) — Frederick C. Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), announced that the agency has closed on a package of economic incentives for two senior living projects to be constructed in Mt. Sinai.

The incentive agreement, which closed on Jan. 10, will assist Garden City-based The Engel Burman Group to develop a 120-unit Bristal Assisted Living facility and a 225-unit rental complex, including a clubhouse, for people age 55 and over on 24 acres in Mt. Sinai. The IDA approved the incentives in September.

The Mt. Sinai Bristal will be the chain’s 19th assisted living facility in the metropolitan area. The assisted living project will be a joint venture of Engel Burman and Harrison Street Real Estate Capital and will have 60 employees.

The community will be comprised of a mix of villas and garden-style two-bedroom apartments, an outdoor pool, fitness center, screening room and event space.

“These are great projects for the Town. Many in Brookhaven's growing senior population are in need of housing or assisted living so they may continue to live near their family and friends,” said Braun.

The Mt. Sinai assisted living facility, like other Bristal facilities, will offer independent senior living, which includes dining, linen services and social activities; assisted living, which includes help with personal hygiene, dressing and grooming, bathing and showering, eating, managing incontinence, assistance with mobility, support with socialization, as well as supervision managing medications; and a designated memory care section, called Reflections, for residents in the early stages of Alzheimer’s disease or other forms of dementia.

“The incentives provided by the Brookhaven IDA were critical to the project,” according to Jan Burman, Partner at Engel Burman. “Without them, this project would not have been feasible.”

Engel Burman previously received Brookhaven IDA assistance for Bristal Assisted Living projects in Lake Grove and Holtsville.

Engel Burman bought the Mt. Sinai property from Manhattan-based Amsterdam Nursing Home Corp., which had planned to develop a continuing care retirement community on the site, but abandoned those plans.

Engel Burman has begun construction and anticipates the first units will be ready for occupancy later this year.

About the Town of Brookhaven Industrial Development Agency
Since 1971, the mission of the Town of Brookhaven Industrial Development Agency is to improve the quality of life for Brookhaven residents by promoting and assisting the growth of businesses who support the Town through capital investment and the creation and retention of jobs. The IDA has issued millions of dollars in tax-exempt or taxable bonds and provided assistance through straight lease deals to encourage companies to either locate or expand in the Town of Brookhaven. This assistance has been extended to companies both large and small, and has resulted in the direct creation of thousands of jobs for Brookhaven residents. The IDA has provided assistance to a wide range of companies, including Tate's Bake Shop, Amneal Pharmaceuticals, Precision International, LI Precast, Uncle Wally's, and Framerica. For more information, visit BrookhavenIDA.org or call 631-451-6563.

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