Energy-efficient R&D facility approved with Nassau tax breaks
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
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
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
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| For media inquiries, please contact:
Mary Dolan Grippo
Chief Marketing Director
Nassau County IDA
516-571-1936
mgrippo@nassauida.org
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