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Islip Town board vote tonight on Heartland tax break
Photo credit: Newsday, 2010 / Audrey C. Tiernan
The Islip Town board is set to vote Tuesday night on the extension of a 10-year tax break for the $4 billion, long-stalled Heartland development in Brentwood.
Under the agreement, developer Gerald Wolkoff would pay $1.65 million in taxes annually through 2017, with the annual bill increasing to $1.66 million for the final five years, until 2022.
Wolkoff said Monday that he was “tied...
