Southern Land Co. has opened Florent, a 150-unit apartment complex in Garden City, Long Island, marking the first multifamily development in the village in over 50 years. The $100 million project, built on a 4.5-acre site purchased for $22.5 million in 2019, offers one- to three-bedroom units, with market rents starting at $4,500. It includes 15 affordable units, a requirement from a federal lawsuit against the village for housing discrimination. Amenities include a fitness center, pool, dog park, and co-working areas. Southern Land is committed to paying $1.3 million annually in PILOT payments until 2043.
Southern Land Co.
