When considering corporate relocation, one of the most important things to research, beyond resources and infrastructure, is the quality of life a new location has to offer you and your employees. Work/life balance is increasingly one of the most influential factors of a company’s culture to recruiting top talent.
The Town of Islip has been awarded a $10 million state grant. The funds will be invested in a downtown revitalization project that, Islip Town Supervisor, Angie Carpenter said could, “Put Central Islip on the map.”
Long Island IDAs created 24% of 198,522 jobs in NYS. In the wake of the Amazon HQ2 fallout, taxpayers have turned a more critical eye towards IDAs, scrutinizing their effectiveness, practices, and how it impacts what seems like ever-increasing tax bills for citizens on Long Island.
Much as policy makers have avoided the total shutdown of the L-train, New Yorkers share mixed sentiments about Amazon’s decision to cancel plans to build its new headquarters in Long Island City, Queens. The project would have created 25,000 jobs and expected to generate $27.5 billion in tax revenue for the city over the next 25 years.
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