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Business

Biggest business expansions of 2015 on Long Island

Long Island's county industrial development agencies have approved tax breaks for 17 projects valued at $4 million or more in 2015. The projects will be completed over the next few years. Here's a look at those projects, which will bring at least 579 jobs to Long Island. (Sources: Nassau County Industrial Development Agency, Suffolk County Industrial Development Agency)

Nassau Coliseum redevelopment

Location: Uniondale Project cost: $261 million Jobs retained:
Photo Credit: Newsday

Location: Uniondale
Project cost: $261 million
Jobs retained: 570
Jobs created: n/a
Value of tax breaks: $1,100,000 off the mortgage recording tax; $3,370,000 sales-tax exemption
Read more: http://nwsdy.li/1KvVena

Mineola apartment complex

Location: Mineola Project cost: $77 million Jobs retained:
Photo Credit: Danielle Finkelstein

Location: Mineola
Project cost: $77 million
Jobs retained: 0
Jobs created: 18
Value of tax breaks: $725,000 off the mortgage recording tax; $3 million sales-tax exemption; 20-year PILOT
Read more: http://nwsdy.li/1WP9JUz

Rocpack Inc.

Location: Hauppauge Project cost: $43.6 million Jobs retained:
Photo Credit: Newsday / Audrey C. Tiernan

Location: Hauppauge
Project cost: $43.6 million
Jobs retained: 0
Jobs created: 100+
Value of tax breaks: $3.1 million
Read more: http://nwsdy.li/1eJxmiP

Publishers Clearing House

Location: Jericho Project cost: $37 million Jobs retained:
Photo Credit: Steve Pfost

Location: Jericho
Project cost: $37 million
Jobs retained: 444
Jobs created: 66
Value of tax breaks: $1,600,000 sales-tax exemption; 20-year PILOT* (*excludes additional tax breaks award to the building's owner)
Read more: http://nwsdy.li/1U5ZBrM

The Bristal assisted living centers

Location: Lake Success Project cost: $33.5 million Jobs
Photo Credit: Moseley Architects

Location: Lake Success
Project cost: $33.5 million
Jobs retained: 0
Jobs created: 45
Value of tax breaks: $246,750 off the mortgage recording tax; $1.4 million sales-tax exemption; 15-year PILOT
Read more: http://nwsdy.li/1HGur1K

Regal multiplex movie theatre

Location: Lynbrook Project cost: $32 million Jobs retained:
Photo Credit: Blumenfeld Development Group

Location: Lynbrook
Project cost: $32 million
Jobs retained: 18
Jobs created: 44
Value of tax breaks: $284,000 off the mortgage recording tax; $567,000 sales-tax exemption; 20-year PILOT
Read more: http://nwsdy.li/1K7XOtR

FedEx Freight and others

Location: Bethpage Project cost: $23.6 million Jobs retained:
Photo Credit: Newsday / J. Conrad Williams Jr.

Location: Bethpage
Project cost: $23.6 million
Jobs retained: 59*
Jobs created: 27* (*employment figures are only for FedEx Freight)
Value of tax breaks: $249,000 off the mortgage recording tax; $440,000 sales-tax exemption; 20-year PILOT
Read more: http://nwsdy.li/1EbWQvi

Bactolac Pharmaceuticals & Sciegen Pharmaceuticals

Location: Hauppauge Project cost: $17.5 million Jobs retained:
Photo Credit: Ed Betz

Location: Hauppauge
Project cost: $17.5 million
Jobs retained: 468
Jobs created: 150
Value of tax breaks: $2,000,000 over 15 years
Read more: http://nwsdy.li/1Py83w4

Trophy Depot

Location: Hauppauge Project cost: $13 million Jobs retained:52
Photo Credit: Barry Sloan

Location: Hauppauge
Project cost: $13 million
Jobs retained:52
Jobs created: 16
Value of tax breaks: $89,250 off the mortgage recording tax; $202,688 sales-tax exemption; 15-year PILOT
Read more: http://nwsdy.li/1ghpqWB

Public Storage

Location: Hicksville Project cost: $10.4 million Jobs retained:
Photo Credit: Google Maps

Location: Hicksville
Project cost: $10.4 million
Jobs retained: 0
Jobs created: 2
Value of tax breaks: $327,000 sales-tax exemption; 15-year PILOT
Read more: http://nwsdy.li/1B01nPv

Certified Laboratories Inc.

Location: Melville Project cost: $10 million Jobs retained:
Photo Credit: Danielle Finkelstein

Location: Melville
Project cost: $10 million
Jobs retained: 115
Jobs created: 20-30
Value of tax breaks: $631,300 over 10 years
Read more: http://nwsdy.li/1CeLBCR

Cornerstone Apartments

Location: Farmingdale Project cost: $8.1 million Jobs retained:
Photo Credit: Newsday

Location: Farmingdale
Project cost: $8.1 million
Jobs retained: n/a
Jobs created: n/a
Value of tax breaks: $335,563 plus PILOT
Read more: http://nwsdy.li/1GwZhYx

Karp Associates & Flush Toilet Partitions

Location: Melville Project cost: $6 million Jobs retained:
Photo Credit: Ed Betz

Location: Melville
Project cost: $6 million
Jobs retained: 135
Jobs created: 10
Value of tax breaks: $1.2 million over 15 years
Read more: http://nwsdy.li/1JQcXT2

Aladdin Packaging LLC

Location: Hauppauge Project cost: $5.3 million Jobs retained:
Photo Credit: Ed Betz

Location: Hauppauge
Project cost: $5.3 million
Jobs retained: 105
Jobs created: 10
Value of tax breaks: $234,300 over 10 years
Read more: http://nwsdy.li/1EBYlCD

Nassau Candy Distributors

Location: Hicksville Project cost: $4.3 million Jobs retained:
Photo Credit: Steve Pfost

Location: Hicksville
Project cost: $4.3 million
Jobs retained: 328
Jobs created: 20
Value of tax breaks: $36,750 off the mortgage recording tax; $306,187 sales-tax exemption; 20-year PILOT
Read more: http://nwsdy.li/1lgILJF

Supreme Screw Products Inc.

Location: Plainview Project cost: about $4.1 million Jobs
Photo Credit: Bruce Gilbert

Location: Plainview
Project cost: about $4.1 million
Jobs retained: 36
Jobs created: 29
Value of tax breaks: $38,550 off the mortgage recording tax; $94,875 sales-tax exemption; 20-year PILOT
Read more: http://nwsdy.li/1lrJM1S

South Shore Honda

Location: Valley Stream Project cost: $4 million Jobs
Photo Credit: Uli Seit

Location: Valley Stream
Project cost: $4 million
Jobs retained: 31
Jobs created: 12
Value of tax breaks: $43,000 sales-tax exemption; 12-year PILOT
Read more: http://nwsdy.li/1YWGGkO

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