The Villa at Glen Cove Project

The Villa at Glen Cove project is poised to achieve remarkable financial success from its residential and commercial income streams. Upon project reaches stabilization, net operating income is expected to be $49 million, followed by $51 million in year 5, and a remarkable $59 million in year 10. The project's estimated valuation stands at $928 million in year 4. By year 5, this value is projected to ascend to $956 million, and $1.1 billion valuation by year 10.