Belmont Park Redevelopment

Empire State Development Corporation (“ESDC”)

Market Study and Developer Selection, Elmont, NY

Sites A  BESDC, as a representative of New York State, wants to find a developer to lease two sites totaling 32 acre adjacent to Belmont Park in the Hamlet of Elmont in Nassau County. RESGroup prepared a market analysis to determine the uses most likely to succeed at the site, including various retail and hotel formats, as well as office.  An RFP was prepared for the ESDC that was utilized to market the opportunity to developers.