New tax pact expected for Heartland developer

Jerry Wolkoff, developer of Heartland Town Center, on

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Jerry Wolkoff, developer of Heartland Town Center, on the site. In August 2012, Wolkoff and Islip Town were embroiled in contentious negotiations over the renewal of an agreement for payment in lieu of taxes on the $4 billion Heartland project in Brentwood. (Credit: Newsday, 2010 / Audrey C. Tiernan)

The Islip Town Industrial Development Agency is poised to approve a new 10-year tax break for the developer of the stalled Heartland project, officials said Wednesday.

Heartland developer Gerald Wolkoff and the Brentwood Union Free School District have brokered a tentative agreement to provide Wolkoff with a payment-in-lieu of taxes (PILOT), for another decade.

Bill Mannix, executive...

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