Mitchell H. Pally, a lawyer and long-time business leader on Long Island, has been appointed to the boards of the Town of Brookhaven Industrial Development Agency (IDA) and the town’s Local Development Corp (LDC).
Pally’s appointment was approved by the Brookhaven Town Council at its Sept. 13 meeting.
A resident of Stony Brook, Pally plans to retire at yearend as the chief executive officer of the Long Island Builders Institute (LIBI), a position he held since December 2010. LIBI is the largest home building trade association in New York State, representing all parts of the home construction industry. He also served as the Suffolk County representative to the Board of the Metropolitan Transportation Authority, leaving in 2019 after 14 years.
Prior to joining LIBI, Pally was the partner in charge of government relations for the Weber Law group, a real estate law firm and before that was vice president for governmental affairs at the Long Island Association.
Pally previously served as a member of the IDA for 15 years, leaving the agency’s board in 2008.
“It is an honor to be selected by our town board to once again assist in the continuing development and improvement of my local community,” Pally said.
“It’s a privilege to welcome Mitch Pally back to our board. We will benefit from his years of experience as our economic development efforts move forward,” said Fred Braun III, chairman of both economic development agencies.
About the Town of Brookhaven Industrial Development Agency
Since 1970, the mission of the Town of Brookhaven Industrial Development Agency is to improve the quality of life for Brookhaven residents by promoting and assisting the growth of businesses who support the Town through capital investment and the creation and retention of jobs. The IDA has issued millions of dollars in tax-exempt or taxable bonds and has 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, including Shoreham Energy LLC, Burmax, Intercounty Appliance, Suffolk Transportation, Tate’s Holding Co. and D&F Patchogue. For more information, visit BrookhavenIDA.org or call 631-451-6563.
About the Town of Brookhaven Local Development Corp.
The Town of Brookhaven Local Development Corporation (LDC) was established in May 2010 to facilitate financing for not-for-profit organizations such as colleges, hospitals, libraries, and those organizations serving people who are physically, developmentally or mentally disabled.