News
IDA supports Brooklyn bagel-maker’s LI move
October 28, 2016
Bagels by Bell, whose bagels and bialys are sold in the northeast and beyond, plans to relocate from Canarsie, Brooklyn, to Oceanside. Read more
Brooklyn’s Bagels by Bell weighs moving to Oceanside site
October 26, 2016
A Brooklyn bagel and bialy maker is considering picking up stakes after 70 years and moving to Long Island. Read more
Nassau reduces tax benefit for company after job losses
September 29, 2016
Nassau County has reduced by $318,150 the property tax savings awarded to a local manufacturer over 14 years because it laid off workers, officials said this week. Read more
Plans move forward for Mineola rental complex
September 28, 2016
The Nassau County Industrial Development Agency voted Tuesday to give tax breaks to the developer of a $70 million transit-oriented rental apartment complex in Mineola. Read more
Nassau OKs tax breaks for 192 unit Mineola housing project
September 27, 2016
Nassau County awarded tax breaks last night to a proposed housing complex with 192 apartments near the Long Island Rail Road station in Mineola. Read more
Nassau launches TV ad to woo investment from N.J., Conn., London
July 28, 2016
Nassau County this week is launching a television commercial to encourage investments in the county by businesses in New Jersey, Connecticut — and even Britain. Read more
L.I.F. Industries gets IDA aid to expand in Nassau
July 14, 2016
Long Island Fireproof Door Inc. at 5 Harbor Park Dr., Port Washington. In exchange for tax incentives, the company has promised to add 18 jobs to its payroll of more than 300 over three years. Read more
LIF Industries to get IDA benefits
July 7, 2016
LIF Industries, a Port Washington-based fire-door manufacturer, is working with the Nassau County Industrial Development Agency as the company plans to expand locally. Read more
Slant/Fin to remain in Nassau County
July 6, 2016
After courting the idea of moving out of state, Greenvale-based the Slant/Fin Corp. plans to remain in Nassau County. Read more
Connecting the dots
July 6, 2016
Once home to a shuttered car dealership, a Westbury site is being transformed into a modern office complex sporting a unique amenity assisted by the Nassau County IDA. Read more
Mangano: IDA Job Retention Efforts Keep Another 500 Jobs In Nassau
July 1, 2016
Nassau County Executive Edward P. Mangano announced today that the IDA approved economic development compacts that assist two local manufacturers to expand operations and retain 500 jobs in Nassau County. Read more
Keystone Electronics moving to New Hyde Park
June 29, 2016
Keystone Electronics Corp., a Queens-based maker of electronic components for original equipment manufacturers and computer hardware, is moving from Astoria to New Hyde Park as part of an $8.6 million project. Read more
IDA: $20.8M renovation of data center will boost New Cassel
June 19, 2016
The Nassau County Industrial Development Agency has approved tax benefits for the $20.8 million renovation and expansion of a data center and office building in Westbury. Read more
Amazon to lease facility in Bethpage as distribution center
April 27, 2016
Amazon.com Inc. has agreed to lease a 161,360-square-foot Bethpage facility to use as part of its vast distribution infrastructure, a spokesman for the online retailer confirmed. Read more
IDA tax breaks keep Sherman Specialty from moving to S.C.
February 14, 2016
A small business that sells novelties for children has expanded in Nassau County because of tax breaks rather than move to South Carolina, officials said. Read more
Shapiro & Associates engineering firm to stay in Lynbrook
December 3, 2015
Howard I. Shapiro & Associates, an engineering company that works on some of the world’s largest construction projects has decided to stay in Lynbrook, instead of moving to New York City where many of its projects are. Read more
The Bristal to partner with North Shore-LIJ on dementia research
Novenber 11, 2015
The Bristal assisted-living chain is planning a $33.5 million facility in Lake Success, its 10th location here and the first to be devoted solely to the care of people with memory loss. Read more
Mineola apartment project gets IDA help
Novenber 10, 2015
The Nassau County Industrial Development Agency approved tax breaks Monday for a proposed $77 million transit-oriented apartment project in downtown Mineola. Read more
Nassau Candy lands IDA deal for $4.3M expansion
Novenber 10, 2015
Nassau Candy Distributors, a Long Island-based candy manufacturer and distributor, received tax breaks to expand its headquarters, the second round of such relief the company has received in two years. Read more
N.J. company to hang its hats in Port Washington
Novenber 10, 2015
A New Jersey hat-distributor will move its headquarters to Long Island after the Nassau County Industrial Development Agency approved a tax-break program for the company Monday. Read more
Lynbrook movie theater expansion plan gets IDA tax breaks
September 19, 2015
A proposed $32 million project to replace a nearly 100- year-old Lynbrook movie theater in the village’s downtown has been approved for tax benefits by the Nassau County Industrial Development Agency. Read more
Nassau Coliseum developer gets $4.4M tax break
July 29, 2015
The Nassau Industrial Development Agency on Tuesday gave Nassau Coliseum developer Bruce Ratner a $4.47 million tax break to renovate the arena. Read more
Farmingdale housing development gets $1.6M tax break
July 29, 2015
Nassau County Industrial Development Agency on Tuesday approved an economic development agreement for a proposed $8 million apartment project in Farmingdale. Read more
Publishers Clearing House hits IDA sweepstakes
July 13, 2015
Publishers Clearing House, known for giving away oversized checks to its sweepstakes winners, was itself awarded with millions of dollars in tax breaks last week as the company plans to relocate on Long Island. Read more
Publishers Clearing House gets tax breaks, will stay in Nassau
July 1, 2015
Publishers Clearing House Tuesday night received millions of dollars in tax breaks from Nassau County to keep the company’s headquarters in the county. Read more
NYIT gets cybersecurity center in Port Washington
July 1, 2015
Nassau County is to be home to a cybersecurity research center that will prepare college students for careers and produce inventions that can be turned into products. Read more
$23.6 million redevelopment of Goya facility in Bethpage gets IDA nod
February 12, 2015
A $23.6 million renovation project planned for a former Grumman facility in Bethpage won approval Wednesday for tax breaks from the Nassau County Industrial Development Agency. Read more
Great Neck LaunchPad gets IDA assistance
December 10, 2014
High-tech business incubator LaunchPad Long Island will get economic incentives from the Nassau County Industrial Development Agency for its new location in the Village of Great Neck Plaza. Read more
IDA: No reservations on tax breaks for LI Marriott
December 10, 2014
Financial benefits are on the way for the 618-room Long Island Marriott hotel in Uniondale, Nassau County economic development officials said Wednesday. Read more
LaunchPad site in Great Neck Plaza gets county backing
December 10, 2014
Nassau County has backed a business incubator proposed for Great Neck Plaza with thousands of dollars in tax breaks. Read more
New Uniondale Marriott owner plans $25M renovation
December 4, 2014
The new owner of the Long Island Marriott Hotel and Conference Center in Uniondale and a developer plan to spend about $25 million to renovate the hotel, according to Nassau County Industrial Development Agency documents. Read more
Great Neck mixed-use project gets IDA benefits
November 14, 2014
The Nassau County Industrial Development Agency has voted to offer financial assistance for a $12.2 million mixed-use development project in the Village of Great Neck Plaza. Read more
Steel Equities seeks Nassau assistance to buy Goya property
October 28, 2014
Commercial developer Steel Equities is seeking financial support from Nassau County to buy a Goya Foods Inc. facility in West Bethpage. Read more
$250G ad campaign urges Nassau residents to shop locally
October 17, 2014
Small retailers in the downtowns of Nassau County are hoping a county-funded television commercial will help them combat the growing popularity of online shopping. Read more
Dealertrack wins tax breaks from Nassau County for new North Hills headquarters
August 27, 2014
In return for tax breaks, Dealertrack Technologies Inc. has agreed to move its headquarters from Lake Success to North Hills instead of out of state. It also will protect 367 local jobs and add another 357. Records show that employees earn, on average, $96,000 per year. Read more
Mangano: Local Economic Assistance Corp. Helps Winthrop University Hospital Construct and Equip Critical Research Labs
July 29, 2014
Nassau County Executive Edward P. Mangano and the Nassau County Local Economic Development Corp. (NCLEAC) announced the agency’s approval of $40 million in tax-exempt bonds financing that will allow Winthrop University Hospital to complete construction and equip critical research laboratories as well as upgrade the computer systems at its facilities. Read more
Winthrop seeks IDA bonds for Mineola expansion
July 17, 2014
Winthrop University Hospital has asked the Nassau County Industrial Development Agency to finance a $39.75-million expansion and upgrade of its facilities in Mineola. Read more
Hilton Garden Inn in Port Washington to get tax breaks
June 25, 2014
Nassau County has awarded tax breaks to what would be the first hotel to carry the name of a national brand in the county’s northwest corner. Read more
NYC RE boom sparks commercial LI migration
June 23, 2014
Michael Koullias, the owner of a Long Island City furniture supplier called Manhattan Cabinetry, has been receiving an increasing number of calls from developers who want to redevelop the 1-acre site now housing the company’s 44,000-square-foot manufacturing and distributing facility. Read more
LI overcoming obstacles
June 13, 2014
At this year’s Smart Growth Awards, Nassau County Executive Ed Mangano was recognized for his work securing funding for the Bay Park Sewage Treatment Plant, IDA investments in more than 1,200 units of downtown transitoriented housing and passage of Nassau’s Complete Streets law. Read more
Garden City Jeep Chrysler dealership to get tax breaks
June 9, 2014
An automobile dealership is to receive tax breaks from Nassau County for an upgrade required by Chrysler, officials said. Read more
SpringHill Suites hotel planned in Carle Place
June 6, 2014
A second suites hotel is being planned for a vacant lot in Carle Place by the same developer who opened the adjacent suites hotel last year. Read more
$32M Hilton Garden Inn approved for Port Washington
May 21, 2014
A $32 million Hilton Garden Inn has received local planning approval to be built in Port Washington, the first branded hotel in northwestern Nassau County. Read more
Tax break awarded to Great Neck development
April 14, 2014
The Nassau County Industrial Development Agency has approved 15 years of tax relief for a luxury apartment complex planned in Great Neck. Read more
Dealertrack to add 350 jobs in North Hills expansion
April 11, 2014
Lake Success-based Dealertrack Technologies will soon expand to a yet-to-be-built 233,000-square-foot headquarters on 9 acres in North Hills, and promises to add more than 350 new jobs to the 500 or so employees it already has here. Read more
Storage facility plan for Elmont gets Nassau tax breaks
April 10, 2014
A self-storage facility that is planned for Elmont received tax breaks Thursday night from Nassau County because it will remove blight and address a consumer need, officials said. Read more
Nassau OKs tax breaks for Eisenhower Park sports complex
April 10, 2014
Nassau County’s Industrial Development Agency unanimously approved up to $2 million in sales tax breaks Thursday to complete the construction of a sports and recreation center in Eisenhower Park. Read more
Genadyne expansion refocuses on Syosset
March 17, 2014
When Genadyne Biotechnologies was approved for tax breaks for its Plainview expansion in March 2013, it looked like a done deal. Read more
Two Farmingdale housing developments get county tax breaks
March 17, 2014
The Nassau County Industrial Development Agency last week granted property tax breaks to two Farmingdale housing developments. Read more
Nassau IDA OKs aid for Roslyn mixed-use project
March 13, 2014
The Nassau County Industrial Development Agency approved economic incentives to developers turning an old lumber yard into a mixed-use residential and retail project in the Village of Roslyn. Read more
2 Staller projects get Nassau IDA tax breaks
March 13, 2014
The Nassau County Industrial Development Agency has approved economic incentives for two redevelopment projects in the Village of Farmingdale. Read more
New housing, retail planned for downtown Roslyn
March 13, 2014
Construction could start this spring on an $11 million housing and retail project in Roslyn Village, after Nassau County economic leaders approved a payment in lieu of taxes agreement with the developer. Read more
Roslyn mixed-use project seeks IDA aid
March 12, 2014
The Nassau County Industrial Development Agency met to consider giving economic incentives to developers turning an old lumber yard into a mixed-use residential and retail project in the Village of Roslyn. Read more
LI IDA deals up in 2013
March 7, 2014
According to numbers provided by the region’s industrial development agencies, the Long Island economy experienced vast growth in 2013. Read more
Bronx manufacturer moving to Mineola
February 3, 2014
A manufacturer of screws, pins, cylinders and other precision-machined components has decided to stay in New York State, choosing to expand in Nassau County instead of out of state. Read more
Nassau OKs up to $2.6M tax break for Garden City Hotel
January 30, 2014
Nassau County agreed to give the Garden City Hotel up to $2.6 million in tax breaks for renovations, subject to the owner talking with unions about employing local construction workers. Read more
Ex-Grumman hangars pulling more movie business to Long Island
January 2, 2014
Grumman Studios and Gold Coast Studios, two movie production facilities tucked among the sprawl of industrial warehouses in a corner of Bethpage, have put Long Island in Hollywood’s lens. Read more
Tech firm staying in Nassau, with tax breaks
December 18, 2013
A maker of small motion-control components used in aerospace, health care, manufacturing and other industries will receive tax breaks to stay in Nassau County rather than move to New Jersey. Read more
NY Community Bancorp gets Nassau tax breaks
December 10, 2013
Nassau County has awarded lucrative tax breaks to New York Community Bancorp for promising to consolidate its support operations in Hicksville instead of out of state. Read more
Nassau Candy receives tax breaks for new warehouse in Hicksville, pledge to maintain 310 jobs
December 6, 2013
A Hicksville-based seller of chocolates and gourmet foods will receive tax breaks over 20 years in return for staying in Nassau County rather than moving out of state. Read more
Ex-Vitamin Water execs bring Agua Enervivá to LI
November 1, 2013
Agua Enervivá, a new beverage company formed by former executives at Vitamin Water, has leased 3,000 square feet in the Bethpage Business Park. Read more
Newtek, NEFCU to loan $60M to Nassau firms
October 15, 2013
The Nassau IDA formed strategic alliances with New York City-based Newtek Business Servicesand Westbury-based NEFCU to provide financing and related financial services to small- and mid-sized businesses in Nassau County. Read more
2 lenders commit $60M for Nassau business loans
October 15, 2013
Two private lenders have committed to lending about $60 million to businesses in Nassau County under a program approved Tuesday by the county’s industrial development agency. Read more
Nassau Candy eyes expansion, tax breaks
August 15, 2013
Nassau Candy Distributors Inc., a seller of chocolates and gourmet foods, wants to expand its complex in Hicksville by the fall. Read more
IDA awards tax breaks to Nassau video surveillance company
August 14, 2013
A video surveillance business that secures local schools and parks won tax breaks from Nassau County for a $3-million expansion. Read more
New Westbury building to add to revival plans
July 2, 2013
Westbury’s revitalization plans have begun to take root in the last decade, marked by elegant facades being installed and new businesses and apartments opening. Read more
Nassau backs Farmingdale mixed-use project
June 11, 2013
Nassau County endorsed a multimillion-dollar retail and housing development plan in Farmingdale that advocates say will revitalize the area’s downtown. Read more
Nassau disaster readiness program June 12
May 31, 2013
Nassau County Executive Edward Mangano announced Thursday he will host a free Disaster Preparedness Seminar for Nassau businesses from 6 to 8 p.m. on June 12 at the Office of Emergency Management in Bethpage. Read more
Steel Equities to acquire Bethpage site
May 27, 2013
Real estate developer Steel Equities is in contract to buy a 22.5-acre site on the former Grumman campus in Bethpage, the largest available industrial parcel in Nassau County. Read more
Tax breaks for ex-Grumman site renovation
May 27, 2013
The $10-million rehabilitation of a former Grumman Corp. factory in Bethpage has been backed by Nassau County with tax breaks, as part of a larger effort to find new uses for the defense complex. Read more
Long Island Is an Unlikely Jobs Engine
May 16, 2013
Long Island has the hallmarks of a declining economy. And yet, Nassau and Suffolk counties have the fastest-growing economies in New York, according to the state Department of Labor. Read more
County Program Helps Great Neck Co. Stay on LI
March 22, 2013
Nassau County officials announced this week the approval of an economic development compact that allows a Great Neck-based medical technology company to triple the company’s employment while keeping 35 jobs on Long Island. Read more
Nassau IDA backs Mineola apartment complex
March 22, 2013
Nassau County Thursday night backed a proposed nine-story apartment complex in Mineola with tax breaks over 20 years. Read more
IDA approves $85 million apartment building project
March 22, 2013
The Nassau County Industrial Development Agency (IDA) has approved a proposed $85 million apartment building project on the site of the former Keyspan building at 250 Old Country Road in Mineola. Read more
Medical products firm to stay in Nassau, add 72 jobs
March 21, 2013
A medical products company has decided to remain in Nassau County and to expand, more than doubling its workforce in return for tax breaks, officials said last night. Read more
$3.4M in sales-tax breaks for Sandy-hit businesses
March 14, 2013
Nearly 170 local businesses ravaged by Sandy have received more than $3.4 million in sales-tax breaks for the purchase of building materials and equipment to recover from the Oct. 29 superstorm. Read more
LI development agencies grant $306M in tax breaks
March 12, 2013
Long Island’s eight industrial development agencies together granted $306 million in tax breaks to expanding businesses between 2008 and 2011, state regulators said Tuesday. Read more
Mangano attracts Jesco to Nassau County
February 26, 2013
Nassau County executive Edward Mangano and the Nassau Industrial Development Agency (NCIDA) approved an economic development compact that will bring Jesco Lighting Group, a Los Angeles-bound company with 40 full-time equivalent employees, to the area. Read more
Inventors Meet to Compare Notes. Just Don’t Ask to Glimpse Them.
February 20, 2013
The gathering in Mineola, N.Y., on Monday night brought together members of the Nassau County Inventors and Entrepreneurs Club, and the guest speaker, Sue Purvis, the innovation and outreach coordinator for the Greater New York Region of the United States Patent and Trademark Office. Read more
Deal keeps pharma firm in Long Island
February 11, 2013
A deal hammered out by Nassau County executive and the Industrial Development Agency will keep a pharma firm located in Westbury and bring 150 jobs to the area. Read more
Union leader John T. Ahern joins Nassau IDA
February 6, 2013
Union leader John T. Ahern has been appointed to the Nassau County Industrial Development Agency’s board of directors. Read more
Nassau IDA OKs PL Developments incentives
February 1, 2013
The Nassau County Industrial Development Agency approved tax breaks Thursday for Westbury-based PL Developments, an expanding pharmaceutical maker with 569 employees. The IDA deal requires the company to create an additional 150 jobs. Read more
Queens lighting company moving to Port Washington
February 1, 2013
A Queens lighting company plans a $6.5-million move to Port Washington, officials said this week. Jesco Lighting Group, based in Glendale, wants to buy 15 Harbor Park Dr. for its headquarters. Read more
2 NYC firms relocating to Nassau County
January 11, 2013
The Nassau County Industrial Development Agency has approved economic incentives to two New York City companies that will relocate to Nassau and ultimately provide $115 million in new economic benefits to the county. Read more
$2M Sandy sales-tax breaks for 100 LI businesses
January 7, 2013
More than 100 local businesses that were damaged by superstorm Sandy have received about $2 million in sales-tax breaks for the purchase of building materials and equipment to reopen. Read more
Real estate group seeks aid for industrial sites
October 25, 2012
The owner of 32 old factories and warehouses on Long Island wants to transform them from “dinosaurs to high-performance buildings” with the help of tax breaks from both counties. Read more
Nassau touts incentives to small businesses
October 11, 2012
Seeking to boost the economy, Nassau County Friday will begin offering tax breaks to small businesses for new equipment purchases and building renovations. Read more
Tax freeze sought for Lake Success offices
September 27, 2012
The developer of a prominent office complex in Lake Success is asking Nassau County to freeze its tax payments for five years Read more
Nassau offers financing workshop for startups
August 23, 2012
Nassau County will offer a free financing workshop on Monday night for inventors and aspiring business owners. Read more
Nassau County IDA to host Economic and Energy Summit on May 29
May 25, 2012
The free economic development and energy efficiency summit “Taking Charge of Your Energy Costs” will help Nassau County business owners reduce energy costs by learning how to implement energy saving practices. Read more
Hain Celestial to Move HQ to Nassau County
May 11, 2012
The natural and organic products company will relocate its international headquarters and existing 250 employees to Lake Success, New York in Nassau County, to accommodate an expansion that includes over 100 new jobs over the next 10 years. Read more
60,000-square-foot building renovation approved by the Nassau County Local Economic Assistance Corporation
May 8, 2012
Low-interest bonds were approved to assist Old Bethpage-based family residences and Essential Enterprises (FREE), both of which provide community, residential and employment opportunities for the developmentally disabled. Read more
Blumenfeld Development Group to expand Nassau County presence with new warehouse
April 25, 2012
The $7.75 million project is an addition to the company’s existing 32,000 square-foot office building. Construction for the new facility will create 10 construction jobs and seven permanent jobs. Read more
94-unit apartment building creates 175 construction jobs, $75 million in economic activity
March 19, 2012
The six-story building to be known as Plaza Landmark will generate $75 million for the county economy and 16 full time jobs. The privately funded project was made possible by a public-private partnership between the Nassau County IDA and Lalezarian Properties. Read more
Rechler Equity Partners brings 44 high-quality jobs to Nassau
February 17, 2012
Rechler’s new headquarters in Plainview was made possible by a $7.7 million economic development compact negotiated with the Nassau County IDA. It is expected to provide over $11 million in economic benefits for the county. Read more
NPD agrees to stay and expand on LI
February 9, 2012
The NPD Group Inc., a consumer research company, is planning $8 million in improvements to its Port Washington headquarters, including an expanded data center, officials said last night. Read more
Economic development compact with Wangs Alliance Corp. to create 225 new private sector jobs for Nassau
December 19, 2011
The compact will generate $118.3 million in economic activity associated with the Wangs Alliance Corporation. The company will move its headquarters and R&D to the new 145,000 square-foot facility in Port Washington. Read more
Energy-efficient R&D facility approved with Nassau tax breaks
December 6, 2012
Wangs Alliance Corp. will more than quadruple its workforce after buying a Port Washington building for $12.3 million and locating its headquarters nearby. The expansion was made possible by a $100,000 tax break on the mortgage
recording tax, $35,000 off the equipment sales tax and an eight year property tax freeze. Read more
Nassau County Executive Ed Mangano hosts film producers
December 6, 2011
The county’s newest soundstages and oldest estates were featured on a tour for film producers and location managers to view the “back lot” of New York City. The list of recent productions in the county include Salt, Boardwalk Empire, the Good Wife and Gossip Girl. Read more
Nassau County IDA’s tax exemptions and PILOT program land Hilton construction in Carle Place
Newsday, November 30, 2011
A new Hilton Homewood Suites will cater to out-of-town executives and hopefully encourage future investment in the county from its visitors. The $19 million project will also create 39 permanent jobs and 70 construction jobs, generating a combined $15.1 million in economic activity. Read more
Nassa County IDA generates $15 million in economic activity, with new Homewood Suites Hotel
The 150-unit Homewood Suites Hotel will create 39 permanent jobs and 70 construction jobs for the duration of the 15 month construction process. Read more
College-educated residents jumps to more than 40% in Nassau County
Newsday, October 26, 2011
The number of residents in Nassau County holding a bachelor’s degree or higher, increased to 41% in 2010, up from 35% in 2000. The growth is the highest on record for the Long Island county. Read more
Nassau County IDA approves tax breaks for Asian shop plaza
Newsday, August 23, 2011
The Nassau County IDA board of directors unanimously approved tax breaks for the $3.25 million, 42,000-square-foot Kundan Shopping Plaza in Hicksville. Read more
$2M in venture capital for Long Island company
Newsday, May 4, 2011
Mirimus Inc., a new Cold Spring Harbor biotech company started by a Stony Brook University graduate, received $2 million in venture capital funding. Read more
Long Island had a hand in Navy jet used over Libya
Newsday, March 28, 2011
Coalition air strikes in Libya were led by a Navy airplane whose electronics were built by Northrop Grumman in Bethpage, Nassau County. Read more
Leaving City for Long Island
Wall Street Journal, March 26, 2011
According to the new census figures, Nassau County has seen a significant increase in its black population as minority groups once concentrated in cities have begun to seek the quality of life offered by suburban communities. Read more