Featured Story
12/05/17 3:05pm
12/05/2017 3:05 PM

A group called Calverton Distribution Rte 25 has withdrawn its request for Riverhead Industrial Development Agenda tax incentives on a new 45,000-square-foot PODS building that was already under construction on Route 25 in Calverton, according to IDA chairman Tom Cruso. READ

05/24/15 6:00am
05/24/2015 6:00 AM
The owner of 30 West Main, pictured on the left, is hoping to bring in tenants next door where Allied Optical Plan currently does business. (Credit: Barbaraellen Koch)

The owner of 30 West Main, pictured on the left, is hoping to bring in tenants next door where Allied Optical Plan currently does business. (Credit: Barbaraellen Koch)

Two business owners that have received Industrial Development Agency tax breaks in the past were back for more — but on different projects — at a recent IDA meeting. (more…)

05/06/15 2:00pm
05/06/2015 2:00 PM
Mike Harrigan, chairman of the Wading River Fire District commissioners, speaks at Tuesday's town board meeting. (Credit: Tim Gannon)

Mike Harrigan, chairman of the Wading River Fire District commissioners, speaks at Tuesday’s town board meeting. (Credit: Tim Gannon)

A proposal to eliminate the section of the Riverhead Town Code that divvies up false alarm fines 70-30 between the local fire districts and the town was opposed by one fire district and supported by another at a public hearing on Tuesday. (more…)

03/06/15 8:28pm
03/06/2015 8:28 PM
Peconic Bay Medical Center representatives (left) met with Riverhead IDA officials Friday evening. (Credit: Tim Gannon)

Peconic Bay Medical Center representatives (left) met with Riverhead IDA officials Friday evening. (Credit: Tim Gannon)

Locked in a dispute over the amount of fees Peconic Bay Medical Center should pay the Riverhead Industrial Development Agency due to a change in the hospital’s IDA financial assistance — a debate that amounted to a difference of $114,631 versus  $2,500 — the two sides went behind closed doors Friday and emerged with a compromise that will end up with the hospital paying $35,000 in IDA fees.

The IDA, which grants tax incentives to lure new businesses to Riverhead Town, can also issue tax-exempt bonding for nonprofit agencies like hospitals. It funds its own budget by charging fees to the businesses it helps. How those fees are determined is spelled out in a schedule of fees available on the IDA website.

(more…)

05/06/14 6:00am
05/06/2014 6:00 AM

Looking for work? Check out the Times/Review classified section.

Looking for work? Or looking for employees? Look no further.

Riverhead Chamber of Commerce and the Riverhead Industrial Development Agency are hosting its annual East End Employment Expo next Tuesday in downtown Riverhead, bringing together those looking for employment, and employers searching for qualified help. (more…)