$500,000 in tax breaks for 25 businesses harmed by Sandy
12. Superstorm Sandy
No one would argue that nightlife was among the least important losses caused by the storm, but Sandy's impact did rattle local bars and clubs to the core. Some suffered irreparable damage, and of those that did bounce back, many were shuttered for a week or more, unable to throw Halloween parties, which typically generate a critical chunk of a year’s income.
In hard-hit Long Beach, several bars became makeshift rescue stations; others organized benefits to help relief. Between food drives, concerts and fundraisers, the nightlife scene became a valuable part of the recovery effort. (Nov. 11, 2012)
Sandy hits Long Island Nightlife Credit: Ian J. Stark
Nassau County has awarded $500,000 in sales tax breaks to 25 businesses damaged by superstorm Sandy, officials said.
Benefits are received when a company purchases new equipment or building materials to reopen after the Oct. 29 storm. The sales-tax exemption is part of the Local Enterprise Assistance and Development Service, or LEADS, for small businesses.
LEADS is run by the county’s industrial development agency, along with a business recovery center. Nassau County Executive Edward Mangano said the center had received 400 requests for assistance as of Tuesday.
More information can be found at nassaubackinbusiness.org or by calling 516-571-1745.
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