New Hyde Park 2018 06 15

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Serving New Hyde Park, North New Hyde Park, Herricks, Garden City Park, Manhasset Hills, North Hills, Floral Park

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Friday, June 15, 2018

Vol. 67, No. 24

N E W H Y D E PA R K

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SENIOR LIVING

CELLINI LODGE CELEBRATES 50TH ANNIVERSARY

CURRAN SEEKS NEW NASSAU HUB PLANS

PAGES 33-40

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Nassau still lags in bang for its IDA buck

SMELL THE ROSES

Remains behind Westchester, Suffolk counties despite gains since 2012 BY LU K E TORRANCE The Nassau County Industrial Development Agency gave out $3,003 in net tax exemptions per job created in 2016, the lowest amount for the county since 2012, according to! the New York state comptroller’s annual IDA report, released earlier this month. But the amount is higher than Westchester County’s! $2,961 per job gained and more than six times the amount of Suffolk’s IDA net exemptions per job gained. Of the three counties, Nassau had the most IDA projects with 173. The $88.6 million in tax exemptions was not only the most of the three counties, it was the most of any county in the state by a significant margin (Westchester was second with $48.1 million). While Nassau recovered about half of that through payments in lieu of taxes (PILOTs), its net tax exemptions of $43.6 million were the highest of any IDA in the state

save New York City. These numbers are actually an improvement for Nassau in some areas. The $3,003 net exemption per job gained was half of 2015’s $6,358. The net jobs gain of 14,518 for Nassau was the county’s best number since 2012. Nassau was also able to recover 50.79 percent of its tax exemptions through PILOTs, the highest amount since 2010 and a big improvement over 2012 and 2013, when only about a third of tax exemptions were recovered. The county’s performance in 2013 was so poor that it prompted then-Nassau Comptroller George Maragos to write a letter to Joseph Kearney, the agency’s executive director. A report released by the state showed that Nassau IDA had given out $23,611 in tax exemptions in 2013 per job gained, more than 10 times the state median. “The above alleged sub-par performance by the NCIDA should be addressed as soon as possible,” Continued on Page 69

PHOTO BY REBECCA KLAR

Ramesh Khurana, a Parker patient, plants a flower as part of the new Eldergrow program during a presentation on Thursday. See story on page 3.

Herricks’ top two head to Ivy League schools B Y R E B E C C A K L A R ing to Dartmouth College.

Salutatorian Janet Hsu, a Herricks’ top two students Roslyn resident, is going to Yale will be attending Ivy League University. Chen said she grew up in a schools in the fall on a pre-med family of health practitioners; track. Valedictorian Esme Chen, a her father is a doctor and her New Hyde Park resident, is go- mother is a nurse.

“Health has always been a fundamental part of my upbringing and is a field that genuinely interests me,” Chen said. “But I don’t want to set myself in a direction if I think I can do Continued on Page 57

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