The Real Deal New York

Suffolk County IDA plans to grant economic incentives to firm buying $5M Hauppauge building

December 17, 2018 12:36PM

The Suffolk County Industrial Development Agency plans to grant economic incentives to BOSS Facility Services in its $5 million bid to buy and renovate a roughly 31,000-square-foot building in Hauppauge, Long Island Business News reported. BOSS, a maintenance firm, had been working out of a 7,500-square-foot building in nearby Ronkonkoma. The company hopes the larger facility will allow it to tackle a larger portfolio of services. The IDA board voted unanimously to approve $443,000 in tax breaks along with a $403,000 reduction in property taxes over a decade, Newsday reported. “We are especially excited about how this move will enable us to establish a new training facility that will focus on creating employment opportunities for the residents of Suffolk County,” said a statement from BOSS president Keith Keingstein. [LIBN]