WE WORK OVERTIME TO MAKE OUR TOWN YOUR HOME OFFICE.We offer a comprehensive suite of programs and incentives to support businesses and services that are looking to create or retain residence in the Town of Islip. Whether you’re a small business looking to move, a manufacturer in need of a larger factory, or a nonprofit looking to secure low-cost financing for a qualified capital project, we make your goals our top priorities. |
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Site Location Assistance
On the hunt for a new or an expanded facility in Islip? We offer no-cost/no-obligation site location assistance. We know the area better than anyone and maintain a database of available business sites and buildings that are suited for a wide range of industries. We help verify what zones you can locate to and we even can refer you to a property representative when you are (literally) ready to make the move.
Tax Incentives
The Town of Islip offers a series of incentives to help your business spend less on taxes and more on building your business, which in turn elevates the town’s overall economic welfare and prosperity. The Industrial Development Agency (IDA) can help you receive property tax abatements. We also help you avoid the mortgage recording and sales taxes on any item used to construct, equip, or furnish your business facility.
If you are a nonprofit, Islip’s Economic Development Corporation (TOIEDC) was formed under the Not-for-Profit Corporation Law, Section 201, and is the legal entity through which not-for-profit corporations can secure federally tax-exempt bonds, taxable revenue bonds and sales tax exemptions for qualified projects.
Loan Assistance
We also assist you with low-interest financing loans. In fact, Islip leads the Long Island region in Industrial Development Agency deals, SBA 504 loans and New York State Job Development Authority Loans. We’ll help you secure funding for a variety of business needs, from purchasing real estate to enlarging your facility to upgrading your equipment, and more.
Foreign Trade Zone for International Businesses
If your company is involved in the import-export industry, requires a bonded warehouse, or qualifies for a duty drawback, you can save money and hassle with Islip’s Foreign Trade Zone 52. We can help you with domestic warehouse services, international commerce, commercial property lease and a host of other international trade and business issues.
Proximity to MacArthur Airport
Whether your business involves transporting goods or requires frequent travel, Long Island MacArthur Airport is right around the corner. Owned and operated by the Town of Islip, MacArthur serves thousands of travelers daily, with direct flights to major cities and to beautiful destinations. Along with big convenience MacArthur attracts smaller crowds, which mean a less stressful travel experience, minimal air traffic and an exceptional track record of on-time service.
Easy Access to New York City
Islip is conveniently located near New York City and easily accessible by car, bus or the Long Island Railroad, America’s largest commuter railroad. When you set up shop here, you have access to all the talent and resources Manhattan has to offer, without the high prices and large crowds. Plus, our proximity to the city connects Islip to the rest of the world, allowing you to go anywhere your business requires, at any time.
Workforce Development
With Islip's proximity to top-notch universities and renowned vocational schools, staffing your newly growing business couldn’t be easier. We offer a talented, affluent and highly educated workforce to draw from, proficient in the fields of financial, scientific, and technical services and more. And with a population larger than Pittsburgh and St. Louis, Islip is big, both on talent and in number. Whether your business is retail, wholesale, white collar or manufacturing, we’re confident you’ll be able to find the perfect team to keep your operation running smoothly.
