Tax Revenue

The Stony Brook transforms a previously vacant retail and industrial site into a significant gain for the area's property tax rolls. While the current property only generates an average of ~$14,000 per year, the completed Stony Brook development,currently projected to generate ~$150,000 per year in property taxes, will immediately become one of the most significant sources of property taxes in the area 

This additional tax revenue will go right back into the neighborhood, helping strengthen the area's schools, parks and other public services.