Long Island IDA Data (2024)

Long Island Regional Summary - Total IDAs: 8

  • Project Count: 820
  • Total Project Values: $14,585,258,213
  • Total Tax Exemptions: $383,909,711
  • Total PILOTs: $173,521,336
  • Net Tax Exemptions: $210,388,375
  • Net Tax Exemptions Per Project: $256,571
  • Estimated Jobs to be Created: 35,262
  • Estimated Jobs to be Retained: 49,659
  • Full Time Equivalents Before IDA: 50,392
  • Current Full Time Equivalents: 91,089
  • Estimated Net Job Change: 40,697
  • Net Tax Exemptions Per Job Gained: $5,170
  • IDA Expenses: $9,056,725
  • Expenses Per Job Gained: $40,697
  • Expenses Per Project: $11,045
Nassau County Industrial Development Agency

Region: Long Island

  • Project Count: 157
  • Total Project Values: $3,748,098,489
  • Total Tax Exemptions: $125,747,701
  • Total PILOTs: $50,181,792
  • Net Tax Exemptions: $75,565,908

County: Nassau

  • Net Exemptions Per Project: $481,312
  • Estimated Jobs to be Created: 6,830
  • Estimated Jobs to be Retained: 13,321
  • Full Time Equivalents Before IDA: 13,363
  • Current Full Time Equivalents: 23,272

Type: County IDA

  • Estimated Net Job Change: 9,909
  • Net Exemptions Per Job Gained: $7,626
  • IDA Expenses: $2,474,491
  • Expenses Per Job Gained: $250
  • Expenses Per Project: $15,761
Suffolk County Industrial Development Agency

Region: Long Island

  • Project Count: 139
  • Total Project Values: $2,256,987,514
  • Total Tax Exemptions: $30,620,426
  • Total PILOTs: $20,362,384
  • Net Tax Exemptions: $10,258,042

County: Suffolk

  • Net Exemptions Per Project: $73,799
  • Estimated Jobs to be Created: 9,808
  • Estimated Jobs to be Retained: 7,394
  • Full Time Equivalents Before IDA: 7,394
  • Current Full Time Equivalents: 21,640

Type: County IDA

  • Estimated Net Job Change: 14,246
  • Net Exemptions Per Job Gained: $720
  • IDA Expenses: $1,218,353
  • Expenses Per Job Gained: $86
  • Expenses Per Project: $8,765
City of Glen Cove Industrial Development Agency

Region: Long Island

  • Project Count: 10
  • Total Project Values: $1,155,418,954
  • Total Tax Exemptions: $19,613,782
  • Total PILOTs: $5,531,870
  • Net Tax Exemptions: $14,081,912

County: Nassau

  • Net Exemptions Per Project: $1,408,191
  • Estimated Jobs to be Created: 295
  • Estimated Jobs to be Retained: 14
  • Full Time Equivalents Before IDA: 14
  • Current Full Time Equivalents: 247

Type: City IDA

  • Estimated Net Job Change: 233
  • Net Exemptions Per Job Gained: $60,437
  • IDA Expenses: $628,938
  • Expenses Per Job Gained: $2,699
  • Expenses Per Project: $62,894
Town of Babylon Industrial Development Agency

Region: Long Island

  • Project Count: 176
  • Total Project Values: $1,505,751,327
  • Total Tax Exemptions: $35,806,582
  • Total PILOTs: $18,588,318
  • Net Tax Exemptions: $17,218,264

County: Suffolk

  • Net Exemptions Per Project: $97,831
  • Estimated Jobs to be Created: 6,212
  • Estimated Jobs to be Retained: 7,158
  • Full Time Equivalents Before IDA: 7,611
  • Current Full Time Equivalents: 14,096

Type: Town IDA

  • Estimated Net Job Change: 6,485
  • Net Exemptions Per Job Gained: $2,655
  • IDA Expenses: $1,891,184
  • Expenses Per Job Gained: $292
  • Expenses Per Project: $10,745
Town of Brookhaven Industrial Development Agency

Region: Long Island

  • Project Count: 87
  • Total Project Values: $1,930,683,489
  • Total Tax Exemptions: $35,243,029
  • Total PILOTs: $18,420,079
  • Net Tax Exemptions: $16,822,950

County: Suffolk

  • Net Exemptions Per Project: $193,367
  • Estimated Jobs to be Created: 2,589
  • Estimated Jobs to be Retained: 2,041
  • Full Time Equivalents Before IDA: 2,179
  • Current Full Time Equivalents: 7,357

Type: Town IDA

  • Estimated Net Job Change: 5,178
  • Net Exemptions Per Job Gained: $3,249
  • IDA Expenses: $922,746
  • Expenses Per Job Gained: $178
  • Expenses Per Project: $10,606
Town of Hempstead Industrial Development Agency

Region: Long Island

  • Project Count: 75
  • Total Project Values: $2,274,686,696
  • Total Tax Exemptions: $86,172,371
  • Total PILOTs: $37,548,901
  • Net Tax Exemptions: $48,623,470

County: Nassau

  • Net Exemptions Per Project: $648,313
  • Estimated Jobs to be Created: 3,438
  • Estimated Jobs to be Retained: 7,762
  • Full Time Equivalents Before IDA: 7,762
  • Current Full Time Equivalents: 9,790

Type: Town IDA

  • Estimated Net Job Change: 2,028
  • Net Exemptions Per Job Gained: $23,976
  • IDA Expenses: $861,465
  • Expenses Per Job Gained: $425
  • Expenses Per Project: $11,486
Town of Islip Industrial Development Agency

Region: Long Island

  • Project Count: 144
  • Total Project Values: $1,368,761,186
  • Total Tax Exemptions: $45,950,268
  • Total PILOTs: $21,129,676
  • Net Tax Exemptions: $24,820,592

County: Suffolk

  • Net Exemptions Per Project: $172,365
  • Estimated Jobs to be Created: 5,334
  • Estimated Jobs to be Retained: 10,785
  • Full Time Equivalents Before IDA: 10,885
  • Current Full Time Equivalents: 12,251

Type: Town IDA

  • Estimated Net Job Change: 1,366
  • Net Exemptions Per Job Gained: $18,170
  • IDA Expenses: $822,261
  • Expenses Per Job Gained: $602
  • Expenses Per Project: $5,710
Town of Riverhead Industrial Development Agency

Region: Long Island

  • Project Count: 32
  • Total Project Values: $344,870,558
  • Total Tax Exemptions: $4,755,553
  • Total PILOTs: $1,758,316
  • Net Tax Exemptions: $2,997,237

County: Suffolk

  • Net Exemptions Per Project: $93,664
  • Estimated Jobs to be Created: 756
  • Estimated Jobs to be Retained: 1,184
  • Full Time Equivalents Before IDA: 1,184
  • Current Full Time Equivalents: 2,436

Type: Town IDA

  • Estimated Net Job Change: 1,252
  • Net Exemptions Per Job Gained: $2,394
  • IDA Expenses: $237,287
  • Expenses Per Job Gained: $190
  • Expenses Per Project: $7,415
Long Island IDA Data (2024)
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