Massapequa Nissan Granted Tax Assistance

Car dealership granted 10 year Payment in Lieu of Taxes agreement by Hempstead IDA for new Seaford location under construction.

A planned car dealership moving into the old Bast Chevrolet location on Sunrise Highway in Seaford has been granted a 10-year Payment in Lieu of Taxes (PILOT) agreement by the Hempstead Industrial Development Agency (IDA).

Under the agreement approved last month by the Hempstead IDA, Massapequa Nissan will have a tax freeze at the current level that Bast Chevrolet was paying for the next three years of $181,000. The car dealership will then gradually contribute more taxes for following seven years ending up at $222,000 in the 10th year, according to the IDA agreement. After the 10-year PILOT expires, Massapequa Nissan will pay full property taxes.

Hempstead IDA chairman Fred Parola said the town agency always makes an effort to balance the needs of having productive uses of properties while still making sure municipalities like school, library and fire districts don't get hurt.

"We try to balance so we don't hurt the local jurisdictions too much but yet provide an incentive, said Parola, a lifelong Wantagh resident who was formerly Nassau County Comptroller.

The Town of Hempstead IDA is a non-profit, public benefit agency with the power to help qualified local businesses and not-for-profit organizations relocate, expand and build within the township with a variety of financial options. Hempstead officials expect Massapequa Nissan’s new Seaford dealership to create 25 new jobs by the second year at the new location.

Seaford Superintendent of Schools Brian Conboy said he hopes Massapequa Nissan will have great success at its new location so that it can be a stable tax contributor for the district in the long term.

Massapequa Nissan owner John Staluppi recently purchased the 2.33- acre parcel on 3660 Sunrise Hwy. and construction is currently taking place on the Seaford property to create a 49,250 square-foot collection of buildings that will be the new home of the car dealership. The planned renovation includes modifications and upgrades to the interior finished and building facade and repairs to the building's mechanical, electrical and plumbing systems.

Mark September 25, 2011 at 12:52 PM
This is a ridiculous amount of money to have to pay in the 1st place. No wonder the building is empty. Grant them whatever they need or want. Every month the building is empty you lose. You can never recover those monies. Good Luck Massapequa Nissan!!!
Mark September 25, 2011 at 01:12 PM
Now on the subject of food trucks Hempstead Township if you're still listening. Regardless of how busy or short manpower you are, there is always time to remove the "illegal food vendors" on Sunrise highway where their appearance is building rapidly on both sides of the road. Illegal hot dog trucks, chicken kabob trucks, sausage trucks, ice cream trucks are lining Sunrise Highway. Who pays to repair the grounds that we pay to keep manicured that gets torn up from the trucks and their customers? Who pays for all the accidents caused by vehicles pulling on & off a 50 MPH highway? Who pays taxes like the ones mentioned in your Nissan story above or overhead costs like all the legal brick & morter businesses? Certainly not the illegal street vendors! Please, it's time to read your laws and get the information out to the our public servants. "It's illegal to be stationery for more then 10 minutes regardless of whether you have a vendors permit or whether you're a veteran or..." Simple reading folks but, I'll bet most law enforcement officials don't know this. Have a nice day.


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