Letter: Tech company's promise inflated?

Suffolk County Executive Steven Bellone at a meeting

Suffolk County Executive Steven Bellone at a meeting in Riverhead on April 30, 2014. Photo Credit: Randee Daddona

advertisement | advertise on newsday

I read that Suffolk County was looking forward to the anticipated move of a Florida technology company ["Florida biotech company making Melville move," Business, July 4]. BioRestorative Therapies employs three people with average salaries of $236,000 a year, and lost $5.8 million last year.

Yet it says it plans add 25 workers in the next two years, and the Suffolk County Industrial Development Agency has offered $224,464 in tax savings over five years.

advertisement | advertise on newsday

Seems very fishy to me.

Bob Epstein, Rockville Centre

Sign up for The Point and go inside New York politics.


Newsday.com now uses Facebook for our comment boards. Please read our guidelines and connect your Facebook account to comment.

You also may be interested in: