Kelly Morris

Hamptons Business District lands key tax deal

By GREGORY ZELLER // The evolving Hamptons Business District has received another substantial shot in the arm. The Suffolk County Industrial Development Agency has issued preliminarily approval of a new tax-abatement package that will help developer Rechler at Gabreski LLC construct its third building at the expanding Westhampton Beach business hub, located on the grounds of the county’s Francis S. Gabreski Airport. According to the IDA, the developer is investing $10.8 million in a construction plan at…


Suffolk IDA backs Northport inn, without reservations

By GREGORY ZELLER // An upscale hotel-restaurant on Northport’s Main Street is a step closer to reality, thanks to the Suffolk County Industrial Development Agency. The Suffolk IDA on Thursday approved a tax-abatement transaction that will assist 225 Northport LLC with the construction of a 24-room “boutique hotel and restaurant” at 225 Main St., current site of a dated, 17,610-square-foot building used primarily as office and restaurant space. The hotel/restaurant will encompass more than 25,000…


IDA brings Commack senior rentals closer to home

By GREGORY ZELLER // Senior citizens in Commack are still waiting to score, but the Suffolk County Industrial Development Agency has already earned an assist. The Suffolk IDA on Monday announced preliminary approval of an economic-development incentives package that will help bring a long-awaited, $26 million revitalization project to fruition – though the project, which would replace an old motel with an age-restricted rental community for residents 55 and older, still requires final approvals from…


Suffolk IDA package gives relocating PT firm a leg up

By GREGORY ZELLER // A Whitestone-based physical therapy network has received a shot in the arm from the Suffolk County Industrial Development Agency. The IDA on Thursday offered preliminary approval for an economic-development incentives package that will allow PPT Management LLC, a multistate provider of physical rehabilitation and hand-therapy services, to close its administrative offices in Queens and Nassau County and establish a new corporate headquarters in Melville. PPT Management, which was founded in 1998…


Suffolk IDA engineers deal for new national HQ

A corporate consolidation in Melville is in the works, thanks in part to the Suffolk County Industrial Development Agency. The agency on Thursday issued preliminary approval for a transaction that will help Grace Industries LLC establish a national corporate office – a $17 million company investment that will consolidate several of the civil engineering firm’s existing offices in the new Melville HQ. Grace Industries, a subsidiary of the Plainview-based civil engineering conglomerate Haugland Group, currently…


Light the lights: Broadway National eyes new stage

By GREGORY ZELLER // Broadway National is changing venues. The three-decade-old property-management firm with the big-name clientele is taking its big-stage flair from Ronkonkoma to Hauppauge, thanks to a new incentives package preliminarily approved this week by the Suffolk County Industrial Development Agency. Launched in 1989 in the garage of founder William Paparella as sign manufacturer Broadway Neon Corp., Broadway National Group LLC is a bona fide hit. The company now offers a diverse set…


Preliminary approval for high-tech, housing tax deals

Dozens of high-paying tech jobs and affordable rental housing for those who aren’t paid quite that much are in the mix with two transactions preliminarily approved Thursday by the Suffolk County Industrial Development Agency. The IDA took a step toward green-lighting an incentives package for Melville-based technology products and services provider NeuLion Inc., which specializes in the broadcasting, distribution and monetization of live and on-demand digital video content. With the agency’s help, NeuLion plans to more than double…