Burman Real Estate Breaks Ground on $130M The Bridge Condo Development in Mineola

Burman Real Estate Breaks Ground on $130M Mineola Condo Project
CRE Market Beat Take
A $130 million, 101-unit condo project at a Long Island Rail Road station underscores capital committing to for-sale multifamily near transit, diversifying a rental-heavy regional housing mix.

Burman Real Estate and its partners have started construction on The Bridge, a $130 million condominium project in downtown Mineola, NY. The nine-story development at 212-214 Third St. is planned to deliver 101 for-sale, luxury residences alongside a 10,000-square-foot event venue. The site sits directly across from the Mineola Long Island Rail Road station, placing the project within one of the village’s most connected locations.

The groundbreaking ceremony drew nearly 100 attendees, including local officials, business leaders, project partners and community stakeholders. Participants marked the formal start of construction with proclamations and a ceremonial shovel turn, staged in front of excavation equipment, project renderings and the adjacent Mineola LIRR station. The event underscored the community and political engagement around the project as work moves from planning into active development.

The Bridge is being advanced by a partnership of Burman Real Estate, AJM Real Estate, Caiola Real Estate Group and Park It Management. Together, the firms are bringing a new condominium offering to a market that has seen relatively few for-sale multifamily options compared with rental housing and single-family homes. The development is positioned as a high-end alternative for buyers seeking condo ownership in a walkable downtown setting with direct rail access.

Scott Burman, principal of Burman Real Estate, said the project is designed to address what he describes as a clear gap in Long Island’s housing market for high-quality condominium ownership opportunities. He noted that The Bridge intends to deliver 101 luxury residences at a scale and level of finish that he believes is new for the region, providing an option for residents who want the convenience of multifamily living without giving up space, design quality or on-site amenities.

By concentrating 101 for-sale units and a sizable event space next to regional rail, the development adds density and ownership housing to downtown Mineola. The partners are aiming to capture demand from buyers who may be looking to transition away from single-family homes while remaining in Long Island communities that offer transit connectivity and access to established commercial corridors. As construction proceeds, the project will be closely watched as a measure of depth for the condominium segment in this part of the suburban New York market.

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