Description
Assistance when they built a beautiful apartment complex on Jericho Tpke, opposite Northgate Shopping center. They completed the project in 2020. For the 2020-21 tax year, they owe zero ( 0) property taxes because of an IDA exemption.
This tax abatement is granted for a minimum of 5 years, by the Suffolk County IDA to encourage development in certain areas. Suffolk IDA Financial Incentives - Suffolk County IDA
Discussion
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