Senior Care Facility Project Revives in East Northport with Tax Incentives

A senior care facility project in East Northport is moving forward after being revived by Silver Fox Senior Living Inc., a nonprofit developer. The project aims to construct an 86-unit building on Pulaski Road and requires $112 million to complete. The Suffolk County Industrial Development Agency granted preliminary approval for the project to receive tax breaks, including a sales-tax exemption of up to $3 million on construction materials and property tax reductions over 15 years. The IDA’s sister organization agreed to issue tax-exempt bonds for the entire construction cost.

The project follows the original proposal made four years ago by Sunrise Senior Living Management LLC, which could not secure the necessary funding at the time. The development aligns with the growing senior population in the region, where seniors are projected to make up 25% to 30% of the population in most counties of New York State by 2030.