The Real Deal New York

Rechler Equity project gets Suffolk County tax break

July 09, 2018 12:55PM

Suffolk officials issued a preliminary approval of tax breaks for the Rechler Equity Partners’ expansion of the Hampton Business District in Westhampton Beach. The breaks, which came from the Suffolk County Industrial Development Agency, will go towards a $10.8 million, 64,360-square-foot building, which is the third of nine planned for the 50-acre business district. Offering spaces ranging from 2,000 square feet to more than 30,000 square feet in size, the new building is expected to create at least 42 new jobs when it’s complete. Two of the buildings there that’re already up and running offer 120,000 square feet of warehouse, distribution, manufacturing and office space to clients, which include Tate’s Bake Shop, Carrier Enterprises and Westhampton Beach Brewing Company. [LIBN]