Dirt started moving this spring at 263-267 East Shore Road in Great Neck, where Villadom Corp. is converting a former Nassau County sewer plant into a 64-unit luxury rental building perched above Manhasset Bay.
That’s the headline. Now let’s talk about what it costs, who’s building it, and whether the North Shore actually needs it.
The project, called East Shore Road Multi-Family, runs approximately 160,000 square feet across four stories. Greenvale-based Mojo Stumer Associates designed the building. Completion is expected in April 2028. The developer, Villadom Corp., is owned by Kouros “Kris” Torkan, who also happens to be the sitting mayor of Kings Point. Torkan didn’t respond when asked for comment. That silence is worth noting, given that waterfront development in Nassau County routinely involves zoning and land use decisions that go through local government channels.
The building’s design is tied directly to the terrain. Terraced floors step down into the hillside so that lower-level residents keep unobstructed sightlines to Manhasset Bay. Exterior materials are porcelain panels, masonry, and glass. Landscaped pedestrian stretches along East Shore Road are designed to break up what would otherwise read as a large institutional structure on a stretch of road that’s historically been home to warehouses and utility infrastructure, not renters paying premium prices.
Joe Yacobellis, partner and director of design at Mojo Stumer Associates, made the design philosophy plain.
“Waterfront sites come with a real responsibility,” said Yacobellis. “At East Shore Road, every decision, from the way the building steps into the hillside to the materials we selected, was made with that connection between architecture and landscape in mind.”
He added that the goal was to create a home that captures the tranquility of Waterfront living while keeping residents connected to what makes this part of Long Island vibrant.
Nice pitch. But 64 units on a converted sewer plant site raises real questions about what this stretch of East Shore Road is becoming, and who decides that.
What’s driving the math here is straightforward enough. Edna Mashaal of Edna Mashaal Realty tracks this market daily, and she’s not seeing much friction on the demand side.
“The rental market is strong,” Mashaal said. She’s watching two distinct groups fuel the pipeline. Empty nesters who’ve cashed out of their homes don’t always want to jump straight into another purchase, so they stay local and rent. Then there’s the professional migration pattern. “People come in from the city… and we also see professionals relocating,” she said.
Mashaal also pointed to a third segment that often gets overlooked in luxury rental discussions. “It’s a positive thing, for buyers who have not found anything but really need to move in or hold on their next move for a couple of years,” she said. People stuck in competitive purchase markets who need somewhere to land. That’s a real constituency on the North Shore right now.
Strong demand. Thin supply. That’s the whole business case.
As recently reported by Long Island Press, this development represents a notable shift in how East Shore Road is being used. Most of the waterfront-adjacent rental stock on the North Shore is converted single-family homes or apartment buildings that haven’t seen a renovation since the 1980s. Purpose-built, Landscaped, Exterior-finished luxury rental is genuinely rare here.
That scarcity is exactly what Villadom Corp. is counting on.
Still, the dual role Torkan occupies as both developer and elected official in Kings Point deserves scrutiny. Taxpayers in Nassau County have a legitimate interest in knowing how a former municipal sewer facility ends up as a 160,000-square-foot luxury development, and what that process looked like from the inside. Development deals that touch public infrastructure don’t emerge from a vacuum. They require approvals, assessments, and sometimes quiet conversations that never make the public record.
The building won’t be finished until April 2028. That’s two years for those questions to get asked, or not get asked.
Completion is on the clock. The Terraced floors are going in. Manhasset Bay isn’t going anywhere.