Home Business Tenants rush uptown to new apartments

Tenants rush uptown to new apartments

by Elana Glowatz - June 14, 2016

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texaco-apt-construction-june2016-11_glowatzw — The second phase of construction is underway at the Texaco Avenue apartments. Photo by Elana Glowatz

If you build it, they will come.

Port Jefferson developer Rail Realty LLC proved that old adage when Rob Gitto, from its parent company The Gitto Group, confirmed its uptown apartment project is already at full rental capacity — a month before it is even slated to open.

Gitto said the 38 units in the first completed apartment building has been completely pre-leased and there is a waiting list for the second building, which will add another approximately 36 units when completed next year.

Most of those future tenants are affiliated with Stony Brook University in some way, Gitto said, whether they are graduate students, medical residents, professors, nurses, doctors or other staff. There are also a few people from John T. Mather Memorial Hospital’s new residency program.

The first phase of the Texaco Avenue apartments is complete. Photo by Elana Glowatz

Officials broke ground on the much-anticipated project, dubbed The Hills at Port Jefferson, in May 2015, expressing hope that the first new development in upper Port would spur revitalization efforts in the troubled area.

Village leaders have been trying to enhance the uptown’s Main Street corridor, between North Country/Sheep Pasture Road and the Long Island Rail Road tracks, with the goal of improving quality of life, making it more pedestrian-friendly and attracting developers and visitors.

At the groundbreaking last year, Mayor Margot Garant said the 74 Texaco Avenue apartments would be “so important” to the revitalization.

Gitto thinks it’s already propelled other improvements. He said Monday that he has seen one nearby business making improvements to an existing establishment and two others sign leases to bring in new ones.

“We wanted to see the area revitalized and we’re seeing it,” he said, adding about the rest of the uptown area, “We definitely hope they follow suit.”

There are other community benefits attached: Under the conditions of the project’s approval, Rail Realty has to make improvements to a pocket park on the west side of Texaco that currently has a jungle gym, swings and a basketball hoop, and improve traffic flow in the area by redesigning the intersection of Main Street and Sheep Pasture Road.

Construction has gone in phases. Last year, Rail Realty knocked down vacant homes and buildings along the east side of Texaco Avenue between Sheep Pasture Road and Linden Place to make way for the two three-story buildings — which will have a mix of studio, one-bedroom and two-bedroom apartments — and began working on the northern building. That was completed recently, with the new apartments visible from some angles on Main Street, a block over. The developer got started right on the foundation of the second building, to the south.

Garant announced the milestone at a village board of trustees meeting on June 6, saying people would start moving into the first apartment building in mid-July.

Resident parking is underground, a noteworthy element for a small village in which having more cars than parking spaces has long been an issue. And toward the end of the second ongoing apartment construction phase, the developers will bring down a building on the south side of the Texaco Avenue and Linden Place intersection, the Stony Brook Electric Inc. building, to make room for additional above-ground parking.

That’s also when the park improvements will take place, Gitto said. Plans are still developing, but they might include landscaping, such as flowers and necessary irrigation, and taking down an unused shed there.

For The Gitto Group — which has built up other parts of Port Jefferson, including an office building, the CVS and the Barnum House apartments on Main Street — things are falling into place faster than anticipated. Rob Gitto said the project was done in phases because the developers weren’t sure how well the first set of apartments would be received and how quickly they would be leased.

“We knew it would be successful but we didn’t know it would sell that quickly.”