New York Real Estate Journal

Terzulli of NIDA wins DCI 40 Under 40 award; Chosen from 160 candidates

March 9, 2015 - Long Island
According to Nassau County executive Edward Mangano Nicholas Terzulli, director of business development at the Nassau County Industrial Development Agency (NIDA), has been selected as a winner in the economic development profession's 40 Under 40 awards. An independent five-member selection committee chose Terzulli and the other winners, from among more than 160 candidates from around the world, based on their exceptional contributions to the economic development industry. Development Counsellors International (DCI), a New York-based firm that specializes in economic development marketing, manages the awards program, Mangano said, "I commend Nicholas Terzulli for being a dedicated public servant who works diligently each day to help my administration create and retain good-paying jobs in Nassau County. Together with my economic development team, we have created 20,000 new jobs in Nassau and continue to attract new employers to county. I applaud Nick and my entire team for their outstanding work." Terzulli, who joined the IDA in 2011, provides turnkey counsel, shepherding the agency's applicants from introductory meetings through closings. In addition to providing information on how to apply for and secure Nassau County IDA benefits, Terzulli educates businesses on how to unlock municipal and utility incentives administered by New York State's Empire State Development Corp., PSEG, National Grid, and the Small Business Administration. He has advised and assisted thousands of local businesses. Terzulli received a Juris Doctor from New York Law School, a B.A. from American University, and graduated from Chaminade High School in Mineola. He is admitted to practice law in New York. DCI officially announced the winners on Jan. 26 at an awards reception during the International Economic Development Council Leadership Summit in Palm Beach and will feature an in-depth profile of each on its website during 2015. DCI's 40 Under 40 award was designed to discover the economic development profession's rising stars. "The people chosen by the selection committee represent a bright future for the economic development world," said Andy Levine, president of DCI. "They are a new breed of results-driven place makers. We're very pleased to see Nicholas Terzulli among the winners." About the Nassau County IDA The Nassau County Industrial Development Agency consists of a team of professionals whose mission is to promote the economic welfare and prosperity of Nassau County. It is a resource for businesses in Nassau County and those considering relocation. The IDA provides assistance to businesses interested in relocating, expanding and financing new investments. It has provided assistance to a wide range of companies, including Hain Celestial Group, Arizona Iced Tea, Sleepy's Mattress, Cold Spring Harbor Labs and Grumman Studios.