Long Island IDA Data for 2019

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Regional Summary - Total IDAs: 8

  • Project Count: 853
  • Total Project Values: $14,345,745,779
  • Total Tax Exemptions: $357,314,120
  • Total PILOTs: $167,111,522
  • Net Tax Exemptions: $190,202,598
  • Net Tax Exemptions Per Project: $222,981
  • Estimated Jobs to be Created: 36,847
  • Estimated Jobs to be Retained: 52,455
  • Full Time Equivalents Before IDA: 53,214
  • Current Full Time Equivalents: 100,226
  • Estimated Net Job Change: $47,012
  • Net Tax Exemptions Per Job Gained: $4,046
  • IDA Expenses: $8,062,838
  • Expenses Per Job Gained: $172
  • Expenses Per Project: $9,452
Nassau County Industrial Development Agency
Region: Long Island
  • Project Count: 170
  • Total Project Values: $3,860,665,742
  • Total Tax Exemptions: $121,079,118
  • Total PILOTs: $50,756,673
  • Net Tax Exemptions: $70,322,445
County: Nassau
  • Net Exemptions Per Project: $413,661
  • Estimated Jobs to be Created: 6,581
  • Estimated Jobs to be Retained: 14,366
  • Full Time Equivalents Before IDA: 14,434
  • Current Full Time Equivalents: 27,256
Type: County IDA
  • Estimated Net Job Change: 12,822
  • Net Exemptions Per Job Gained: $5,485
  • IDA Expenses: $2,143,648
  • Expenses Per Job Gained: $167
  • Expenses Per Project: $12,610
Suffolk County Industrial Development Agency
Region: Long Island
  • Project Count: 140
  • Total Project Values: $2,213,773,143
  • Total Tax Exemptions: $31,905,631
  • Total PILOTs: $18,653,706
  • Net Tax Exemptions: $13,251,925
County: Suffolk
  • Net Exemptions Per Project: $94,657
  • Estimated Jobs to be Created: 9,898
  • Estimated Jobs to be Retained: 7,673
  • Full Time Equivalents Before IDA: 7,673
  • Current Full Time Equivalents: 22,067
Type: County IDA
  • Estimated Net Job Change: 14,394
  • Net Exemptions Per Job Gained: $921
  • IDA Expenses: $1,255,886
  • Expenses Per Job Gained: $87
  • Expenses Per Project: $8,971
City of Glen Cove Industrial Development Agency
Region: Long Island
  • Project Count: 10
  • Total Project Values: $1,155,418,954
  • Total Tax Exemptions: $12,813,119
  • Total PILOTs: $4,742,079
  • Net Tax Exemptions: $8,071,040
County: Nassau
  • Net Exemptions Per Project: $807,104
  • Estimated Jobs to be Created: 295
  • Estimated Jobs to be Retained: 14
  • Full Time Equivalents Before IDA: 14
  • Current Full Time Equivalents: 249
Type: City IDA
  • Estimated Net Job Change: 235
  • Net Exemptions Per Job Gained: $34,345
  • IDA Expenses: $621,143
  • Expenses Per Job Gained: $2,643
  • Expenses Per Project: $62,114
Town of Babylon Industrial Development Agency
Region: Long Island
  • Project Count: 181
  • Total Project Values: $1,499,155,244
  • Total Tax Exemptions: $34,427,782
  • Total PILOTs: $17,868,972
  • Net Tax Exemptions: $16,558,811
County: Suffolk
  • Net Exemptions Per Project: $91,485
  • Estimated Jobs to be Created: 6,608
  • Estimated Jobs to be Retained: 7,166
  • Full Time Equivalents Before IDA: 7,619
  • Current Full Time Equivalents: 14,881
Type: Town IDA
  • Estimated Net Job Change: 7,262
  • Net Exemptions Per Job Gained: $2,280
  • IDA Expenses: $1,566,066
  • Expenses Per Job Gained: $216
  • Expenses Per Project: $8,652
Town of Brookhaven Industrial Development Agency
Region: Long Island
  • Project Count: 89
  • Total Project Values: $1,809,993,434
  • Total Tax Exemptions: $33,796,927
  • Total PILOTs: $17,643,778
  • Net Tax Exemptions: $16,153,149
County: Suffolk
  • Net Exemptions Per Project: $181,496
  • Estimated Jobs to be Created: 2,553
  • Estimated Jobs to be Retained: 2,148
  • Full Time Equivalents Before IDA: 2,286
  • Current Full Time Equivalents: 7,545
Type: Town IDA
  • Estimated Net Job Change: 5,259
  • Net Exemptions Per Job Gained: $3,071
  • IDA Expenses: $814,073
  • Expenses Per Job Gained: $155
  • Expenses Per Project: $9,147
Town of Hempstead Industrial Development Agency
Region: Long Island
  • Project Count: 76
  • Total Project Values: $2,074,576,529
  • Total Tax Exemptions: $76,785,081
  • Total PILOTs: $36,335,703
  • Net Tax Exemptions: $40,449,378
County: Nassau
  • Net Exemptions Per Project: $532,229
  • Estimated Jobs to be Created: 4,429
  • Estimated Jobs to be Retained: 8,989
  • Full Time Equivalents Before IDA: 8,989
  • Current Full Time Equivalents: 11,119
Type: Town IDA
  • Estimated Net Job Change: 2,130
  • Net Exemptions Per Job Gained: $18,995
  • IDA Expenses: $811,133
  • Expenses Per Job Gained: $381
  • Expenses Per Project: $10,673
Town of Islip Industrial Development Agency
Region: Long Island
  • Project Count: 151
  • Total Project Values: $1,372,368,589
  • Total Tax Exemptions: $40,936,795
  • Total PILOTs: $19,293,308
  • Net Tax Exemptions: $21,643,487
County: Suffolk
  • Net Exemptions Per Project: $143,334
  • Estimated Jobs to be Created: 5,652
  • Estimated Jobs to be Retained: 10,805
  • Full Time Equivalents Before IDA: 10,905
  • Current Full Time Equivalents: 14,920
Type: Town IDA
  • Estimated Net Job Change: 4,015
  • Net Exemptions Per Job Gained: $5,391
  • IDA Expenses: $606,372
  • Expenses Per Job Gained: $151
  • Expenses Per Project: $4,016
Town of Riverhead Industrial Development Agency
Region: Long Island
  • Project Count: 36
  • Total Project Values: $359,794,144
  • Total Tax Exemptions: $5,569,667
  • Total PILOTs: $1,817,304
  • Net Tax Exemptions: $3,752,363
County: Suffolk
  • Net Exemptions Per Project: $104,232
  • Estimated Jobs to be Created: 832
  • Estimated Jobs to be Retained: 1,294
  • Full Time Equivalents Before IDA: 1,294
  • Current Full Time Equivalents: 2,191
Type: Town IDA
  • Estimated Net Job Change: 897
  • Net Exemptions Per Job Gained: $4,186
  • IDA Expenses: $244,517
  • Expenses Per Job Gained: $273
  • Expenses Per Project: $6,792