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The Long Island Economic Development Collective is comprised of the eight Industrial Development Authorities of Long Island, New York. Representing New York City’s beachfront backyard, the Collective operates as the regional economic development organization charged with serving both retention and expansion of the Long Island business community by operating as a resource for and partner to established and new business entities.
Promoting economic development on Long Island, the Collective offers site selection, research, advocacy, incentives and advantages to ensure every company and organization planning a move to or presently existing on Long Island has the best resources available for success.
With unparalleled access to New York City and the world, thriving industries in multiple sectors, an educated pool of top talent and unsurpassed quality of life, it isn’t hard to see why Business BeLongs on Long Island.
Taking the time to fully understand your firm’s unique situation, the IDA will be able to recommend a customized solution that works for your business
When you set up shop in the Town of Islip, benefit from a business-friendly infrastructure, an elite workforce, and an environment you’ll be proud to call home
The Brookhaven IDA issues tax-exempt and taxable bonds and notes. Also can grant property tax abatement's, mortgage recording tax exemption, and full sales tax exemption for qualified applicants
Promote, facilitate, and assist in the acquisition, construction, and improvement of industrial, commercial, cultural, and educational facilities
Using financing incentives and tax abatements, assits eligible companies cut the cost of acquiring, equipping, and constructing industrial, commercial, manufacturing and civic projects