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The Ronkonkoma Hub could create a reverse commute from New York City image: tritec They’ve been called the selfie generation, entitled and lazy. But Millennials are now the largest generation and, after a decade of moving away from New York’s metro Long Island region , they are beginning to stick around. The number of people aged 20 to 34 living on Long Island rose 7 .6 percent from 2010 to 2015 according to a report released by Long Island Association in June. Despite the stereotypes, experts see the increase as reason for optimism. “It’s vitally important, particularly for businesses that make their home here,” said Robert Loscalzo, the chief operating officer of Tritec Real Estate Company, which specializes in the type of mixed-use housing this generation favors. “You need a vibrant workforce and from the standpoint of job creation it’s vital that companies have a source of labor.” But a home doesn’t necessarily mean a house, especially for Millennials. Nationwide, 34.1 percent of...

An aerial view of the boatyard building pad in the foreground. Photos via Harbor Point Development , LLC D avenport Landing, a new boatyard and apartment complex at Stamford’s Harbor Point, is on its way to completion by 2018. But the approved project, which follows nearly five years of legal action and negotiations between the city and Harbor Point’s developer over the demolition of another boatyard that has blocked further redevelopment, has sparked another lawsuit from an environmental opponent this year. “We expect the boatyard to be finished this fall,” said Ted Ferrarone, chief operating officer at Harbor Point Development LLC , a subsidiary of the Stamford- based developer Building and Land Technology (BLT). “The second phase of the project is a 218- unit apartment complex that is under construction now and will probably open next summer.” Ferrarone said the Davenport Landing project at 28 Southfield Ave. contributes to a “renaissance to the waterfront.” The boatyard, on ...

ROCK ISLAND — The historic VanDerGinst Law building , once home to a Montgomery Ward retail store , soon will be turned into 33 apartments and an 11- room boutique hotel with first- floor commercial space . The six-story building, located at 1701-1705 2nd Ave., was built in 1908 and has an iconic mural of Chief Black Hawk on its exterior. City council members on Monday approved a development agreement with Saratoga Capital LLC that includes up to $2,485,000 in incentives. The incentive package includes tax -increment-finance funds and property tax rebates not to exceed $1 million or 20 years, whichever comes first. The city also will contribute up to $100,000 for restoration of the Black Hawk mural , up to $75,000 toward sidewalk and safety improvements and up to $100,000 toward renovation of the commercial portion of the property. Ald. Stephen Tollenaer, 4th Ward, opposed the deal, calling the incentive package a "bailout.” "I don't think it's a prudent t...

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