Shown (from left) are: Jim Tullo, deputy director of the IDA; Councilman Michael Loguercio Jr. of Brookhaven Town 4th District; Allan V. Rose, CEO of AVR Realty; Planning Commissioner Tullio Bertoli and Deputy Commissioner for Building Tara Mcloughlin.Yaphank, NY Brookhaven town hall was represented at a July 14th, ribbon cutting for the 240-unit apartment complex now known as The Reserve at the Blvd. The Brookhaven Industrial Development Agency provided incentives for phase one of the project, a larger smart-growth community formerly known as The Meadows at Yaphank. The 322-acre site will include a variety of housing, retail, restaurants, office, a hotel, parks and open space.
Since 1971, the mission of the Brookhaven Industrial Development Agency has been to promote the economic welfare and prosperity of the Town of Brookhaven by assisting in? the acquisition, construction, reconstruction, and equipping of commercial and industrial ?facilities. The IDA has issued millions of dollars in tax-exempt or taxable bonds and ?provided assistance through straight lease deals to encourage companies to either ?locate or expand in the Town of Brookhaven. This assistance has been extended to ?companies both large and small, and has resulted in the direct creation of thousands of ?jobs for Brookhaven residents. The IDA has provided assistance to a wide range of ?companies.
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