Town of Hempstead Industrial Development Agency

No. 362: Sound investments, manufacturing machinations and lots to ThINC about for LI scientists

  Welcome to Wednesday: You’re halfway home, dear reader, as we plow through another busy week of socioeconomic innovation on Long Island and around the world. It’s Dec. 5 out there, 20 days until Santa does his thing and 252 years since the very first Christie’s auction (auction house founder James Christie held his first sale in London on this date in 1766). He was Santa before Santa was cool: Speaking of Jolly Old St….


Hempstead IDA drives school bus company’s new HQ

By GREGORY ZELLER // The wheels on the bus go round and round in Hempstead, where the Industrial Development Agency has finally finalized an economic-incentives package for a leading school bus operator. Approved in September and closed Nov. 30, the Town of Hempstead IDA’s undisclosed tax-abatement deal will help Port Washington-based Dell Transportation Corp. acquire 1.37 acres at the intersection of Kellum Place and Union Place in the Village of Hempstead. Dell Transportation is planning…


Hempstead advances three key development projects

By GREGORY ZELLER // It’s been a busy week in the Town of Hempstead, where local economic-development officials have hit the gas on a multitude of projects. The Hempstead Industrial Development Agency on Tuesday approved the sale of Park Lake Residences, an affordable-housing complex located in the Village of Hempstead, and the reassignment of existing economic benefits to the complex’s new owner. The IDA also granted preliminary approval to an economic-benefits package that will allow…


No. 327: On ‘Moby Dick,’ ‘Gangsta’s Paradise,’ shredded wheat and life on Mars

  August already? How did THAT happen? We’re as dumfounded as you, dear reader, but here we are – Aug. 1, 2018, about halfway through the summer and this exciting week in Long Island socioeconomic innovation. Neck and neck: It’s also World Scout Scarf Day, when active and former Scouts around the world are encouraged to wear the trademark neckerchiefs (actual word) to promote Scouting’s history and spirit. For the record, some 170 countries around…


Hempstead IDA’s busy (and slightly familiar) summer

By GREGORY ZELLER // We may be entering the dog days of summer, but the Town of Hempstead Industrial Development Agency is hardly lying down on the job. The local IDA recently greenlighted two incentives deals designed to spur economic development, one in the Village of Valley Stream and one in the Village of Hempstead, both of which are part of Hempstead Town. The deals involve a residential complex and a retail site – less-common…