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Mangano to Help New York Community Bancorp Create and Retain 500+ Local Jobs

Nassau County Executive Edward P. Mangano today announced the Nassau Industrial Development Agency’s (NCIDA) approval of an economic development compact that will allow New York Community Bancorp to keep 463 current jobs in Nassau County that might have been shifted out-of-state and create 80 new private sector jobs. The compact will generate approximately $870 million in new economic benefit to the local economy.