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Discussion Starter · #1 ·
Not sure how Patchogue escaped having its own thread.

From today's Newsday, perhaps a hotel downtown?

Developer buying prime property in downtown Patchogue
Parviz Farahzad, who developed Grumman Studios, says he’ll cooperate with village officials on his plans for the spot, which now houses a dialysis center.

The developer of Grumman Studios in Bethpage is buying a prime piece of downtown Patchogue real estate, a property now used as a dialysis center but that local leaders hope could become a hotel, officials said.

The developer, Parviz Farahzad, said he has signed a contract with Brookhaven Memorial Hospital Medical Center to buy the property. He declined to disclose specific plans or the sale price but said it was less than the $5 million cited by several local sources.

Farahzad said the sale will take several months to close and up to two years before the hospital can relocate the dialysis center to the former John J. Foley Skilled Nursing facility in Yaphank. The hospital bought the nursing home from Suffolk for $15 million in 2016 and plans to move the dialysis center there.

“We still have some due diligence to do,” said Farahzad. He said he has already met with village Mayor Paul Pontieri and vowed to work cooperatively with local officials. “We are exploring different options with Mayor Pontieri on their vision and what would work.”

Richard Margulis, the hospital’s president and chief executive officer, called the pending sale “a good thing for us because we will be able to do what we hoped for — not just relocating our hemodialysis center, but expand it.” The current site can handle as many as 24 individuals at a time or 96 in a day; the hospital is still developing its plans for the new center, including patient capacity.

The one-story, 30,000-square-foot brick building at 109 W. Main St. is on about 2.5 acres on the north side of the street and has parking for 165 cars.

Farahzad, a former Brookhaven National Laboratory scientist, is founder of Little Rock Construction and Properties, a director of Gold Coast Bank in Islandia and involved in numerous development projects, mainly retail. The East Setauket-based developer also developed Grumman Studios in 2007, a complex that offers seven soundstages totaling 160,000 square feet in what was once the assembly plant for the Apollo Lunar Module.

Pontieri, who has long advocated construction of a downtown hotel to boost tourism, hailed the sale. He also expressed confidence in Farahzad, saying the developer refurbished what was a fading shopping center east of the village that is now the site of a Lowe’s home improvement store.
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