Island International Exterior Fabricators will stay in Calverton after all.
Earlier this year, the company’s owner, Tim Stevens, said he was considering moving the business out of Enterprise Park at Calverton, where it’s been since 1999, because it needed additional space that wasn’t available. He had said he had gotten enticing offers from places like New Jersey and Pennsylvania. READ
Riverhead Industrial Development Agency member Larry Simms commuted to Monday’s IDA meeting — from Pennsylvania.
Mr. Simms recently sold his home in South Jamesport, where he was registered to vote in Riverhead Town, and moved to Pittsburgh, Pa. READ
The Riverhead Industrial Development Agency is working to become more accessible to the public, members told the Town Board during a work session last week. READ
Twin Fork Beer was awarded tax abatements by the Riverhead Industrial Development Agency Monday night for construction of an 11,480-square-foot building on two acres of vacant land on Raynor Avenue in Riverhead. READ
Larry Simms, an outspoken critic of the Riverhead Industrial Development Agency, is now a member of that board. READ
Twin Fork Beer Company, which received final site plan approval last month for a brewery and tasting room on Raynor Avenue, now hopes to get tax incentives from the Riverhead Industrial Development Agency. READ
Peconic Care was granted Riverhead Industrial Development Agency tax incentives Monday, but they were not as extensive as requested.
Instead, the developers of the proposed addiction research and treatment facility at the Enterprise Park at Calverton will get a 12-year payment in lieu of taxes deal, which means they will pay taxes on only the land value for the first two years of construction, 2018-19 and 2019-20. The land assessment is currently $1,147,200. READ
The owners of the John Wesley Village III senior apartment complex saw their request for Riverhead Industrial Development Agency tax incentives shot down Monday.
It’s extremely rare for the IDA to issue a flat-out rejection of an application that’s gone before the group at a public hearing. READ