Long Beach Ordered to Pay Over $130M for Revoking Permits on Oceanfront Condos
LONG BEACH, N.Y. (CBSNewYork) – Long Beach in Nassau County has been in fiscal trouble for years.
Now the popular beachside city has learned it must pay more than $130 million for revoking a permit on oceanfront condos.
As CBS2’s Jennifer McLogan reports, the beautiful, sparkling waters off the Long Beach boardwalk, adjacent to a massive vacant lot at the crux of a historic condo development battle that has dragged on for three decades.
“What’s the vacant property just sitting there for?” one person said.
“The city has proven time after time that it mismanages,” said another.
“For the rest of the city of Long Beach to be on the hook,” another person said.
Taxpayers are just learning that a supreme court judge has ruled against their financially strapped city.
