IDA awards tax breaks to Nassau video surveillance company
A video surveillance business that secures local schools and parks won tax breaks Wednesday night from Nassau County for a $3-million expansion.
IntraLogic Solutions Inc. wants to purchase 511 Ocean Ave. in Massapequa for about $940,000. It would renovate the existing 8,500 square feet of space and add a second floor of the same size, costing $2 million.
Chief executive Lee Mandel said the space would be used as a "command center" for monitoring feeds from surveillance cameras. He also said he would manufacture security devices.
IntraLogic had considered moving to Suffolk County, New Jersey or Pennsylvania. But, Mandel said, "I live in Massapequa and we want to keep the company in Massapequa."
IntraLogic now employs 32 people at 504 Hicksville Rd. in Massapequa and expects, once the move to larger quarters is completed, to add 13 jobs over the next 15 years.
Employees, on average, earn $37,310 per year, excluding health insurance and other benefits, records show.
The county's Industrial Development Agency Wednesday night approved a sales-tax exemption of up to $45,000 and $25,000 off the mortgage recording tax. Property taxes would be frozen for 10 years followed by 2 percent increases in each of the next five years, if IntraLogic keeps its employment promises.
Citing the company's security work for close to 70 school districts on Long Island, IDA executive director Joseph J. Kearney said, "This is an important company to keep in Nassau County for its workers, for the safety of our schoolchildren."
Last summer, IntraLogic was in the spotlight because of six security cameras it installed at Robert Rowley Park in North Bellport.
The cameras were part of a $1-million effort by Brookhaven Town to revitalize the park, which had been the site of gang activity and drug dealing. Improvements include new basketball courts, handball courts, three playgrounds, a walking path, shade shelters and picnic tables.