Hot Topics

Kelly Morris

Economic Development June 18, 2020

Report links LI pandemic recovery to racial equality

By GREGORY ZELLER // A new socioeconomic study ties Long Island’s post-pandemic economic recovery inexorably to race. Sensing an “unprecedented opportunity” in the confluence of the global COVID-19 pandemic and America’s resurgent interest in racial equality, the Long Island Regional Planning Council and the Suffolk County Industrial Development Agency on Thursday released “Upskilled: Preparing the Long Island Workforce for the Future.” The comprehensive study – prepared by James Lima Planning + Development, a New York…

Economic Development June 1, 2020

Pharma upgrade, Hempstead two-step, LI marches on

By GREGORY ZELLER // In the best possible sign for the Long Island innovation economy, the business of business continues, with regional industrial-development agencies stepping up to keep the Island keeping on. The latest examples: A Suffolk County Industrial Development Agency incentives package for Hauppauge-based InvaGen Pharmaceuticals, which is scaling up on Old Willets Path, and a switcharoo of sorts facilitated by the Town of Hempstead Industrial Development Agency, which is helping a Long Beach…

Economic Development April 27, 2020

Pharma manufacturers, IDA eye Hauppauge redux

By GREGORY ZELLER // Old economic-development friends have crossed paths again in Hauppauge, with a critical new ED edict. The Suffolk County Industrial Development Agency has issued preliminary approval of a tax-abatement deal that will help prescription drug-maker ScieGen Pharmaceuticals remake two-thirds of its 92,000-square-foot Hauppauge space – a manufacturing motivator designed to pump up output and create new jobs. One-hundred-six new jobs, according to the IDA, with ScieGen Pharmaceuticals engaging a Long Island-based supply…

Economic Development February 20, 2020

Busy Suffolk IDA eyes jobs in new incentives packages

By GREGORY ZELLER // Take a breath, Suffolk County IDA! It’s already been a busy 2020 for the jobs-focused Industrial Development Agency, which continued to build pro-employment momentum this week with fresh tax-incentive deals promising hundreds of temporary construction jobs in the short term and the creation/retention of hundreds of full-time positions later. Just weeks after greenlighting tax breaks for the developers of Destination KP – a tourism magnet billed as “the largest privately owned…

Economic Development September 23, 2019

Incentives keep global distributor grounded on LI

By GREGORY ZELLER // A leading distributor of aviation-support equipment will fly out of Long Island for another decade at least, with a nod to the Suffolk County Industrial Development Agency. The IDA has announced preliminary approval of an incentives package designed to help Sage Parts Plus renovate its existing 55,000-square-foot Melville headquarters and enter into a new 10-year lease agreement at the site – turning the global headquarters into a state-of-the-art logistics center and…

Economic Development May 6, 2019

Suffolk IDA steps up as Spellman expands global HQ

By GREGORY ZELLER // An expanded global headquarters and as many as 10 new hires are in the cards for the Spellman High Voltage Electric Corp., which has received an economics-incentives package from the Suffolk County Industrial Development Agency. The IDA on May 2 granted the company some $652,000 in combined tax breaks, primarily through a 10-year reduction in property taxes, to facilitate the modernization of Spellman’s existing headquarters facility on Wireless Boulevard in Hauppauge….

Economic Development January 2, 2019

Handy IDA package helps maintenance manager move

By GREGORY ZELLER // Leveraging a $5 million company investment and looking to preserve nearly five dozen jobs, the Suffolk County Industrial Development Agency has stepped up like a boss. Actually, the IDA stepped up for a Boss, as in Boss Facility Services, a Ronkonkoma-based facilities-maintenance contractor that’s looking to purchase and renovate a 31,000-square-foot building on Adams Avenue in Hauppauge. That transaction becomes a little easier thanks to the Suffolk IDA, which has issued…

Economic Development October 29, 2018

Suffolk IDA delivers tax breaks for Deliver My Meds

By GREGORY ZELLER // Long Island patients, including the elderly, may acquire their home-delivered pharmaceuticals at a much faster clip, with the assistance of the Suffolk County Industrial Development Agency. The IDA has issued preliminary approval of an economic-incentives package that will help the owner of a series of local pharmacies in Brooklyn and Long Island grow a new corporation designed specifically to receive, prepare and ship prescription orders, all from a new facility on…

Economic Development September 25, 2018

Long Island pet-chow firm will stay, thanks to IDA

By GREGORY ZELLER // Long Island’s largest pet-food company seems likely to remain a Long Island company, thanks to man’s best friend – at least, a good friend of regional enterprise. The Suffolk County Industrial Development Agency has issued preliminarily approval of an economic-development package that would help Deer Park-based Health Extension Pet Care – doing business as Holistic Health Extension – purchase, renovate and equip a new headquarters building. According to the IDA, the…

Economic Development July 5, 2018

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…

News June 28, 2018

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…

Economic Development May 22, 2018

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…

Economic Development November 16, 2017

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…

Economic Development August 24, 2017

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…

Economic Development August 1, 2017

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…