Economic Development Attorney Long Island

A client’s growing business may benefit from economic development assistance. We represent borrowers in obtaining financing through federal, state and municipal agencies (e.g. the Job Development Authority, Small Business Administration and Industrial Development Agencies) which either make or guarantee mortgage loans and provide tax abatements and other incentives. Our experience and reputation in this area ensures that applications will be prepared and presented in a manner that will minimize delay and maximize the likelihood of success. We have experience with virtually all of the economic development agencies in Nassau and Suffolk counties. We have secured significant economic development packages for businesses ranging from manufacturing to technology. These packages include development incentives, real estate tax abatements, sales tax exemptions, mortgage tax exemptions and reduced power costs. We have represented clients in numerous IDA transactions including tax exempt bond financing and taxable sale/leaseback transactions.

To contact this department, please e-mail IDA@larypc.com or call 631-761-0850

Oct
08
Giuseppe Franzella Appointed President-Elect of the Federal Bar Association’s Eastern District of New York Chapter
Giuseppe Franzella of the Firm’s Litigation practice group has been appointed as the President-Elect of the Federal Bar Association’s Eastern District of New York Chapter. The EDNY Chapter has been serving federal practitioners of Long Island and the New York City Metropolitan Area since February 2007 and holds CLE programs, activities and social events to... Read More
Sep
24
Pro Bono Matter: Settlement with Town on Re-Levy of Omitted Taxes Based on Loss of Veteran’s Exemption on the Property
Robin S. Abramowitz of the Firm’s Litigation Practice Group successfully settled with the Town Assessor after filing a petition to strike from the client’s tax bill over $12,000 of real estate taxes re-levied based on the loss of the Veteran’s exemption. The re-levy of taxes was retroactively applied by the Town for more than the... Read More
Sep
12
Successful Motions for Declaratory Judgment that Where Underlying Leasehold Interest Terminated Leasehold Mortgage is Extinguished
Robin S. Abramowitz if the Firm’s Litigation Practice Group was successful on motions in two separate proceedings for a declaration that upon the termination of a leasehold interest that the leasehold mortgage ceased to exist and all rights and interests of the mortgagee under the leasehold mortgage were extinguished.
Sep
12
Successful on Motion for Summary Judgment on both Liability and Damages in Action Against Former Commercial Tenant for Rent and Use and Occupancy Where Defendant Claimed it Was Constructively Evicted and There Was No Agreement as to Amount of Use and Occupancy When Lease Term Expired
Robin S. Abramowitz of the Firm’s Litigation Practice Group was successful on plaintiff’s motion for summary judgment where defendant opposed the motion on the basis that it was constructively evicted and that there was no agreement as to the amount of use and occupancy. The court found that (i) plaintiff made a prima facie showing... Read More

Economic Development

Samuel Yedid

James E. Devine

Louis H. Fiore

Recent News

Giuseppe Franzella Appointed President-Elect of the Federal Bar Association’s Eastern District of New York Chapter

Pro Bono Matter: Settlement with Town on Re-Levy of Omitted Taxes Based on Loss of Veteran’s Exemption on the Property

Successful Motions for Declaratory Judgment that Where Underlying Leasehold Interest Terminated Leasehold Mortgage is Extinguished

Successful on Motion for Summary Judgment on both Liability and Damages in Action Against Former Commercial Tenant for Rent and Use and Occupancy Where Defendant Claimed it Was Constructively Evicted and There Was No Agreement as to Amount of Use and Occupancy When Lease Term Expired