j. petrocelli development associates Archives

10.07.2026 News

Riverhead IDA faces questions over 20-year Peconic River hotel tax break, extends public comment

Riverhead IDA officials faced questions Monday night about a proposed 20-year tax abatement for the controversial Peconic River Hotel — a centerpiece of the Town Square revitalization project —...

10.01.2026 News

Riverhead IDA extends public comment on $35M Town Square hotel tax breaks after empty hearing

It was crickets at Monday’s Riverhead Industrial Development Agency meeting as board members opened a public hearing on the controversial hotel at the center of the Town Square redevelopment...

06.12.2026 Business

Peconic River Hotel parking fight raises questions for Riverhead Town Square

The long-debated Peconic River Hotel moved closer to approval Wednesday night, but discussion of the $35 million Town Square centerpiece couldn’t get out of the parking lot. The current...

01.07.2026 Year in Review 2025

Year in Review 2025: Town Square project timeline

After decades of talks and receiving funds from the state and federal levels, the Town of Riverhead’s downtown revitalization effort made major movement this year with its crown jewel,...

12.04.2025 News

Riverhead Town Square groundbreaking set for Dec. 12

Riverhead will finally break ground on Friday, Dec. 12, on its much-anticipated Town Square project, Supervisor Tim Hubbard announced Thursday, Dec. 4. Officials invited the public to “witness Riverhead...

08.07.2025 Featured Story

J. Petrocelli named qualified and eligible Town Square developer

After much debate between town officials and the public, a plethora of presentations and extensive funding efforts, J. Petrocelli Development Associates has officially been named the qualified and eligible...

07.24.2025 News

J. Petrocelli makes its case for Town Square master developer

J. Petrocelli Development Associates gave a presentation Tuesday evening before the Riverhead Town Board and community members demonstrating why it believes the company is the qualified and eligible sponsor...

07.16.2025 Government

July 22 hearing set for Town Square master developer

The qualified and eligible sponsor hearing for the designation of J. Petrocelli as master developer of the Town Square project is scheduled for Tuesday, July 22, at 6 p.m....

Election 2026

Explore Our Site

Properties

Tag: j. petrocelli development associates