Bethpage FCU is latest tenant signed to Tritec’s Station Yards | Long Island Business News

Bethpage Federal Credit Union is the latest tenant to lease space at Tritec Real Estate’s sprawling Station Yards mixed-use development in Ronkonkoma. 

The largest credit union in the Northeast will be taking 1,705 square feet of retail space at the under-construction complex. 

Bethpage is the third major tenant to lease space at Station Yards. Vespa Italian Kitchen & Bar, which has a location on Main Street in Farmingdale, leased 5,940 square feet and Bay Shore-based Great South Bay Brewery leased 8,428 square feet at the mixed-use development.  

Ranked as the 14th largest credit union in the country, Bethpage Federal Credit Union opened in 1941 as Grumman Hangar 2 Credit Union, changing its name in 1994 when its headquarters relocated to Bethpage. 

“Tritec has created a winning real estate model, providing a true sense of community for its residents,” Linda Armyn, chief strategy and marketing officer for Bethpage FCU, said in a written statement. “We are thrilled to be a part of this modern, transformative project, and look forward to becoming an active member of the Station Yards community for many years to come.” 

Maria Valanzano, Steve D’Orazio, and Jake Horowitz of Colliers represented Bethpage, as well as the landlord, Tritec, in the Station Yards lease transaction. 

“Bethpage is a banking and financial services stalwart for Long Islanders. They’ve been faithfully serving our local community for over 80 years, and that is exactly the sort of made-on-Long Island mantra we’ve focused on for our tenant roster,” Valanzano said in the statement. “Bethpage is going to bring tremendous value to the area’s residents and local businesses, and we couldn’t be happier to welcome them as the newest tenant in Tritec’s Station Yards development. Their addition brings premier banking solutions and community involvement to the Ronkonkoma area.” 

Station Yards is transforming about 50 acres around the Ronkonkoma Long Island Rail Road station into a vibrant walkable mixed-use community. When completed, the development will have 1,450 apartments, 195,000 square feet of retail space, and 360,000 square feet of office space. Tritec completed the first phase of 489 apartment homes, Alston Station Yards, in 2021 and the $265 million second phase of the project includes 388 apartments, 70,000 square feet of retail space,16,500 square feet of office space and a public plaza, which is expected to be completed next year. 

“Bethpage’s commitment to excellence and community empowerment perfectly aligns with our vision for this development,” Jimmy Coughlan, vice president for Ttitec Development Group, said in the statement. “Together, we are creating a space where businesses thrive and individuals find a sense of belonging. Bethpage’s lease signing marks another milestone in our journey toward building a destination that enriches the lives of residents, commuters, and visitors.” 

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