PRESS RELEASE-BROOKHAVEN INDUSTRIAL DEVELOPMENT AGENCY CLOSES ON PROPOSED SENIOR HOUSING COMPLEX IN PORT JEFFERSON STATION

10/02/26

BROOKHAVEN INDUSTRIAL DEVELOPMENT AGENCY CLOSES ON PROPOSED SENIOR HOUSING COMPLEX IN PORT JEFFERSON STATION

FARMINGVILLE, NY (October 2, 2026) – 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 a proposed 45-unit senior residential rental complex in Port Jefferson Station.

The $21 million complex, proposed by C&K Development, an affiliate of Kelly Development Corp, will be built on 5.5 acres of vacant land at the northeast corner of Old Town Road and Terryville Road, in Port Jefferson Station, to be known as Cordwood Estates at Port Jefferson Station.

The closing took place on October 2, 2026. The IDA gave final approval to the project on Oct. 25, 2025.

The 57,000-square-foot complex is to be constructed across multiple buildings. It will include about 10 percent that will be affordable housing for residents whose incomes are at or below 80 percent of the area median income (AMI), according to household size for the Nassau-Suffolk primary metropolitan statistical area. Another 10 percent will be workforce housing for residents whose incomes are at or below 120 percent of AMI.

The development will have 45 two-bedroom units. Amenities will include a clubhouse and a pool.

“This project will, among other things, help seniors remain in our community in high-quality affordable housing that is close to shopping and services,” said Braun. “It will help to provide housing that is much needed in the Town of Brookhaven.”

About the Town of Brookhaven Industrial Development Agency Since 1970, 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 that will increase employment opportunities, increase the commercial tax base, and are sensitive to the quality of the environment, including, but not limited to, commercial/industrial projects, housing and energy projects. The IDA has issued millions of dollars in tax-exempt or taxable bonds and assisted in 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 assists with a wide range of companies, including The Meadows at Yaphank, Bactolac, Coco Metalworks, The Grove Apartments and MS Packaging and Supply Corp. For more information, visit BrookhavenIDA.org or call (631) 406-4244.

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