Serving Port Washington, Manorhaven, Flower Hill, Baxter Estates, Port Washington North and Sands Point
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Friday, September 14, 2018
Vol. 3, No. 37
Port WashingtonTimes
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ELECTION BOARD OFFERS STATE ATTORNEY GENERAL GUIDE TO INVESTIGATING DIOCESES STREET FAIRS PARTY PATRONAGE PAGES 35-62
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Port-based NPD Group gets tax break from IDA
GONE FISHING
Ten-year deal keeps 600+ jobs in county; could cost schools $200K BY LU K E TOR R A N C E The Nassau County Industrial Development Agency has granted another 10 years in tax breaks to keep the!NPD Group in Port Washington. “They had a 10-year PILOT which is scheduled to expire on Dec. 31,” said!Joseph J. Kearney, the executive director of the Nassau IDA, referring to an agreement for payments in lieu of taxes. “In order to renovate their building and commit to maintaining their jobs, and to add jobs, they asked the IDA to basically extend that PILOT for another 10 years.” The NPD Group, a market research firm with headquarters at!900 West Shore Road, employs more than 1,000 people at 27 offices around the globe. More than half of those employees are based in Port Washington — currently 623 — and Kearney said the company pledged to hire another 11
workers should the tax exemption be granted. “They had the ability and said they could move [the jobs] to other facilities that they had outside the state,” he said.! The new agreement, which begins on Jan. 1, freezes the property tax rate for three years before increases of 0.73 percent each year for the next seven years, Kearney said. According to analysis in the IDA application, the NPD Group would pay $640,846 in lieu of taxes each of the first three years, which would increase to $674,319 by 2028. According to the NPD Group application, the company paid $832,740 in 2018 as part of its current PILOT agreement but said that the taxes based on the property’s assessed value would be only $640,000. A company attorney told Newsday that the deal was trying to return the payments to Continued on Page 81
PHOTO COURTESY OF KEVIN SEINFELD
Residents from Port Washington and around the North Shore, both young and old, took part in the 69th Richard Peneski Sr. Snapper Derby, sponsored by the Manhasset Bay Sportsmen’s Club. See story on page 71.
Baxter Estates to begin work on Hilltop Road BY LU K E TORRANCE
during last Thursday’s Board of Trustees meeting. The village is planning on The Village of Baxter Es- doing work on all of its roads tates will have road work thanks to a $250,000 grant done on Hilltop Road this fall, obtained by state Sen. Elaine Mayor! Nora Haagenson said Phillips for transportation, in-
frastructure and economic assistance. The trustees accepted a bid to begin work on Hilltop, which was in the worst shape. “We think we have the money to do most of them,” Continued on Page 80
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