$108M Oceanside assisted living project advances with IDA assist. Silver Fox of Oceanside NY LLC is moving forward with a $108 million assisted living development in Oceanside, supported by Nassau County IDA financial incentives. The facility will be managed by Sunrise Senior Living and is expected to create up to 70 jobs within three years. The blueprint: * Silver Fox plans 77,312-square-foot assisted living facility * Developer seeks PILOT, sales and mortgage tax exemptions * Project includes 53 assisted living and 31 memory care units * Sunrise Senior Living to manage with 50 to 70 jobs created A long-planned assisted living development in Oceanside is finally moving forward with a new owner and financial assistance from a different industrial development agency. Silver Fox of Oceanside NY LLC, an affiliate of McLean, Va.-based nonprofit Silver Fox Senior Living, is planning to build a 77,312-square-foot assisted living facility on 2.36 acres at 380 Atlantic Ave. The facility will consist of 53 assisted living units and 31 memory care apartments. The $108 million project received preliminary approval for financial assistance from the Nassau County Industrial Development Agency last week, which includes sales and mortgage tax exemptions and a 15-year payment-in-lieu-of-taxes (PILOT) agreement. The developer is also seeking to finance the entire project with tax-exempt IDA bonds, according to its IDA application. Silver Fox paid $7.5 million for the 2.36-acre development site in June. The Oceanside facility will be managed and operated by McLean, Va.-based Sunrise Senior Living, which projects the development will create 50 jobs upon opening and up to 70 jobs within the first three years of operations. This is the second time the Oceanside project has come before an IDA. The Town of Hempstead IDA approved financial assistance to the project in Nov. 2022, when it was then to be owned by Sunrise Senior Living and projected to cost $48 million. However, Sunrise withdrew its application after construction costs rose dramatically. The Oceanside development will be the second on Long Island for Silver Fox. Silver Fox of Northport LLC, another affiliate Silver Fox Senior Living, will be constructing a two-story, 72,092-square-foot assisted living and memory care facility on a 6.1-acre site at 1381-1387 Pulaski Road. The $112 million East Northport project received approval for financial assistance from the Suffolk County IDA last week. The facility will have 86 units, and its day-to-day operations will also be managed by Sunrise Senior Living. Similar to the Oceanside project, it was the second time in four years that the East Northport project, which will be fully financed with bonds through the Suffolk County Economic Development Corporation, came before the IDA. Attorney Elisabetta Coshignano of Uniondale-based law firm Sahn Ward Braff Coschignano is representing the Oceanside project, according to its IDA application. Once construction begins, the Oceanside assisted living development is expected to take 22 months to complete. About the reporter David Winzelberg covers real estate, development, land use, retailing, franchising and white-collar crime for Long Island Business News. An award-winning journalist who spent 20 years writing about Long Island for The New York Times, David's work has also appeared in The Atlantic magazine, Forbes.com and has been featured on CNBC's "American Greed." A former adjunct professor of journalism and former editor of a weekly community newspaper, David has hosted news programs for WLIW-TV and is a frequent speaker at area business events. His news reporting, features and investigations have been recognized by several organizations, including the New York Press Association, the Press Club of Long Island, and the Fair Media Council, which also honored him with a Lifetime Achievement Award. He can reached via email at [email protected] or at (631) 913-4247... [email protected].

Erland to build Sunrise of Chestnut Hill. October 20, 2026 Newton, MA - Erland Construction, in collaboration with Market Square Architects, has been selected by Sunrise Senior Living to construct a new 108,000sf assisted living and memory care community in Newton. The 5-story, ground-up development will feature insulated concrete form exterior walls and elevator shafts paired with a steel structural system to create a durable, high-performance building designed to support resident comfort, wellness, and long-term sustainability. Designed to achieve Passive House certification, the project is anticipated to become one of the largest institutional Passive House-certified projects in the country upon completion. The all-electric community will include more than 90 thoughtfully designed residences, consisting of approximately 60 assisted living apartments and 30 memory care apartments. Each space is being designed to foster a comfortable, homelike environment with features that support accessibility, safety, and quality of life, including emergency response systems, wheelchair-accessible apartments and common areas, modified showers, and corridor handrails to assist resident mobility. "This project highlights the importance of thoughtful planning and collaboration when delivering senior living environments that are both highly functional and deeply personal," said Eric Greene, vice president, senior living group manager at Erland. "We're proud to continue our partnership with Sunrise and deliver a community that balances safety, comfort, and long-term performance, while creating a welcoming place for residents to call home." Residents will have access to a variety of amenities intended to encourage connection, wellness, and relaxation, including lounge spaces, a fitness room, bistro, exterior courtyard, and private terraces and balconies. The project includes the transformation of the former flagship location of Winston Flowers, beginning with the demolition of the existing 2-story building and adjacent greenhouses and the relocation of existing utilities to prepare the site for new construction. Construction is scheduled to take 22 months. "We're proud to bring Sunrise's personalized approach to senior living in Chestnut Hill and the broader Newton community," said Philip Kroskin, head of real estate and SVP of investments at Sunrise. "This community is being designed to support wellness, hospitality, and longevity while meeting the evolving needs of older adults and their families. As Sunrise continues to grow in thoughtfully selected markets, we remain focused on creating exceptional lifestyle experiences that help residents enjoy longer, healthier, happier lives and advance our mission to champion quality of life for all seniors." Sunrise of Chestnut Hill marks Erland's sixth collaboration with Sunrise Senior Living.