LI is happy to bring home $87.9 million for projects in our region! Click here to see the full list of awarded projects.
The Long Island Regional Council’s vision for long-term economic growth is characterized by increased collaboration among academia, the private and public sectors and labor to protect and grow our advanced manufacturing base while encouraging innovation in the life sciences, information technology, clean energy, defense and homeland security industry sectors.
Dealertrack Technologies is a leading provider of integrated auto dealership technologies had outgrown their cramped facility in Lake Success. So they began discussions with Empire State Development in 2013 and applied for New York State incentives through the Consolidated Funding Application Process. They were awarded up to $12 million in performance-based tax credits and grant funding. These funds assisted Dealertrack in the creation of their new four-floor, 230,000-square-foot headquarter facility in North Hills where they now have plenty of room for their existing workforce of over 500 and have committed to create 357 new jobs over the next 10 years.