Keyword: tax breaks
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The Town of Hempstead Industrial Development Agency approved a preliminary resolution on Sept. 18 with AvalonBay Communities, on granting tax-relief measures for its planned development of an 11.6 … more
The Nassau County Industrial Development Agency approved a financial assistance deal on Sept. 5 for a proposed $60 million, 230-unit Rockaway Avenue rental apartment complex in Oceanside. The … more
As I wrote this column Saturday — the first anniversary of President Trump’s inauguration — the federal government was shut down. By Monday, it appeared poised to get back to work, as a compromise deal to end the legislative stalemate was in the works . . . more
State legislators unanimously passed a bill late last month that would grant the Oceanside Fire Department a one-time tax credit of nearly $20,000. The legislation is currently awaiting Governor … more
The Hempstead Town Industrial Development Agency will decide on Thursday whether to revoke Green Acres Mall tax breaks that took effect in October, according to a meeting agenda on its website. more
The Hempstead Industrial Development Agency gave a tentative OK on March 30 to tax breaks for an apartment complex in Barnum Island, but the developer said it would not be financially possible to build under the terms of the current agreement. more
The Nassau County Industrial Development Agency last Thursday denied iStar Financial’s request for $109 million in tax breaks to build two oceanfront towers — two days after the Long Beach Board of Education voted against supporting the potential developers of the city’s Superblock. more
The Board of Education unanimously voted against signing an agreement with the developer of the Superblock property at a heated special meeting on Tuesday after dozens of residents gathered at Long Beach Middle School and heavily criticized the district’s potential support for the project. more
The Nassau County Industrial Development Agency canceled a hearing in Mineola on Wednesday where it was expected to vote on a 20-year, $109 million tax break a developer is seeking to build two luxury apartment buildings on the long-vacant Superblock property. more
Seaford’s veterans will see a reduction in their school taxes beginning with the 2015-16 school year. On Dec. 4, the Seaford Board of Education voted unanimously, in four separate resolutions, to provide a partial reduction of school taxes for the 588 veterans who live in the district. more
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