Melville, NY Hartz Mountain Industries a major real estate developer in the New York/New Jersey area is making its first investment in the Long Island industrial market. Hartz is demonstrating their confidence in the Long Island market developing 950,000 s/f warehouse space.
Tribune Media chose Hartz Mountain Industries (Hartz) as the successor to the 48-acre former home of Newsday’s headquarters, printing plant and distribution facility. Hartz will be redeveloping 235 Pinelawn Rd. into a much-needed, quality warehouse/distribution site. Hartz has a strong record of successful development of facilities of this use and size. The proposed re-development will consist of two new warehouse/distribution buildings totaling 950,000 s/f.
Gus Milano, president of Hartz welcomed the opportunity to come to Long Island. “Hartz has the experience and the ingenuity to address an industry need on Long Island. Expanding our portfolio in this dynamic market will expand our real estate portfolio in a new and evolving area. We are excited to undertake our first project in this exciting market, the first of what we hope will be many.”
Hartz Mountain Industries has a long rich history in successful real estate development and management. Hartz currently owns and operates more than 45 million s/f of industrial, residential, office, hotel and retail properties. This development is responsive to the public need for increased quality industrial opportunities in the area, as clearly stated in the Town of Huntington’s 2020 Horizon’s Plan.
In addition to creating many full time permanent jobs, construction is projected to create over 650 full time positions. The buildings will be LEED certified with solar panels on the roofs along with native plantings to prevent extensive water usage. As there will be no residential development a majority of the tax dollars will go to the school district without adding any students to the district.
Hartz believes in the Long Island story and plans to highlight Long Island’s assets of a strong dedicated workforce, its award winning schools, proximity to New York City, magnificent natural beauty, arts and cultural offerings and welcoming business community.
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