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Nassau IDA Approves Pact for New Hilton Garden Inn in Port Washington

Nassau County Executive Edward P. Mangano today announced that the Nassau County Industrial Development Agency (IDA) has approved an economic development compact that paves the way for a new Hilton Garden Inn in Port Washington. The project will create 300 full-time-equivalent construction jobs and, once completed, 62 permanent jobs. It is expected to generate total economic benefits of $6.4 million.

IDA Helps Bring Much Needed Rental Housing Options to Nassau County

County Executive Edward P. Mangano announced today that the Nassau County Industrial Development Agency (IDA) has approved an economic development compact for Avalon Bay Communities to build 191 rental apartments, 10 percent of them affordable workforce housing units, on the site of a now-defunct petroleum storage facility in Great Neck. When completed, this project will generate $56.4 million in economic benefit for the local economy while bringing the number of new housing opportunities created in Nassau under the Mangano administration to over 1,150.

Mangano Helps Bring New Housing Opportunities to Roslyn’s Downtown

Nassau County Executive Edward P. Mangano announced today that the Nassau Industrial Development Agency (IDA) has approved an economic compact for Lumber Earth Realty, LLC to bring 20 new housing opportunities and street-level retail stores to the Village of Roslyn’s downtown, while eliminating a vacant building through an adaptive reuse project that removes blight from the community.

Mangano Attracts Additional Transit-Oriented Housing to Downtown Farmingdale

Nassau County Executive Edward P. Mangano announced today that the Nassau Industrial Development Agency (IDA) has approved economic compacts for two major redevelopment projects considered vital to the revitalization of downtown Farmingdale. The projects, proposed by Hauppauge-based Staller Associates, will bring 53 additional transit-oriented rental apartments to Farmingdale and inject $11 million into the local economy. Since taking office, the Mangano administration has helped create over 970 new housing opportunities in Nassau County.

Manufacturer to Move Operations from Bronx and Create New Jobs in Mineola

Nassau County Executive Edward P. Mangano and the Nassau Industrial Development Agency (IDA) today announced the approval of an economic development compact that will bring Supreme Screw Products – a manufacturer of precision component parts for the automotive, aerospace, medical, defense, commercial, electronics and other industries – to Mineola. The company had considered moving to sites in New Jersey and Connecticut before deciding to move to Mineola.

Mangano Helps Keep Doors of Garden City Hotel Open for Business

Nassau County Executive Edward P. Mangano and the Nassau Industrial Development Agency (IDA) today announced the approval of an economic development compact that will assist the new owners of the Garden City Hotel to move forward with a $26 million complete cosmetic and technological renovation of the 272-room iconic property. The project is expected to result in the creation of 24 new permanent full-time equivalent jobs within three years — the hotel now has 265 employees — and 30 full-time equivalent construction jobs over a year of construction, which is expected to begin immediately. The project will generate economic benefits to the county of $1.75 million.

Mangano Helps High-Tech Manufacturer Create and Retain Local Jobs

Nassau County Executive Edward P. Mangano today announced the approval of an Industrial Development Agency (IDA) economic development compact that allows Designatronics – a high-technology manufacturer now located in New Hyde Park – to expand its operations in Hicksville while retaining nearly 240 jobs and adding 20 new employees to its workforce. The project is expected to generate $217 million in economic benefits for Nassau County’s economy.

Mangano Rescues Troubled Affordable Housing Opportunities in New Cassel

Nassau County Executive Edward P. Mangano today announced the approval of an Industrial Development Agency (IDA) economic development compact that will allow Bedford Construction Group, a Valley Stream developer, to rescue an abandoned and incomplete affordable housing opportunities and retail space in New Cassel. The project, which began in 2005 and then was halted, is expected to be complete within six months. The project includes the completion of 12 apartments, seven affordable and five at market rate, in an underserved community.