The Real Deal New York

Enzo Biochem expands with $6M Farmingdale building

September 03, 2018 05:07PM

Biotech firm Enzo Biochem is in contract to buy a $6 million industrial building in Farmingdale with 35,875 square feet, Long Island Business News reported. The building is just across the street from the company’s existing complex. With the new site, Enzo would have a footprint of nearly 101,000 square feet. The Babylon Industrial Development Agency is giving the company significant abatements and other financial incentives for the purchase of the new site, which is expected to house an additional 80 employees over the next three years. The sellers are the former owners of Wrap-N-Pack, which was sold in 2016. The company SupplyOne is still leasing the site, but is looking for a larger space in the area. [LIBN]