Town Of Hempstead To Use Skelos Law To Create Jobs In Oceanside
January 3, 2006,
“To build a strong regional economy, we must start by keeping quality jobs here,” said Senator Skelos. “Securing an Empire Zone was a big win for
“Creating jobs in our region, stimulating the economy as well as retaining and expanding local businesses are critical to ensuring that industry remains vital in
Specifically, the Hempstead Town Board will consider a measure at its January 9th meeting supporting Air Stream’s application to the New York State Department of Economic Development to be designated a “regionally significant project” under the state’s Empire Development Program. This step is a critical and required step for businesses that are outside of the boundaries of an officially designated Empire Zone if they are to be eligible for the financial benefits of Empire Zone status.
Air Stream Corporation manufactures and produces food items for hospitals, hotels, the airline industry and a variety of institutions. In addition, the company, comprised of 120 employees, engages in the wholesale distribution of its products.
“Air Stream’s employees constitute a genuine family and we’ve made our home here in
In its application for designation as a “regionally significant project,” Air Stream has proposed to expand its
Among the benefits that qualifying Empire Zone businesses may be eligible for include sales tax exemptions, real property and business tax credits. The Empire Zone program does not adversely impact local property tax revenues, as the state compensates for the local taxes lost through the reimbursement of local jurisdictions.
Businesses seeking an application for Empire Zone benefits should call the Town of Hempstead Department of Planning and Economic Development at 516-538-1700.