Legislator Drucker: Amazon’s Repayment of $2.5M in IDA Incentives a Victory for Nassau Taxpayers
On Thursday, Dec. 29, 2022, it was reported that the Nassau County Industrial Development Agency (IDA) confirmed that Amazon has repaid nearly $2.5 million in tax breaks “because it cannot fulfill a promise to create 150 new jobs within three years at a recently-opened Syosset warehouse.”
In August 2022, the IDA voted to rescind a Payment in Lieu of Taxes (PILOT) that was previously awarded to Amazon for its for its last-mile warehouse project at Syosset Park located at 305 Robbins Lane in Syosset, and to begin clawing back any taxpayer-funded incentives that have already been provided. The claw-back followed Amazon’s announced plans to undercut its agreed-upon commitment to creating 150 new jobs in Syosset by closing its Bethpage facility and moving those workers to Syosset.
Following today’s report, Nassau County Legislator Arnold W. Drucker (D - Plainview) issued the following statement:
“Amazon’s repayment of nearly $2.5 million is a victory for Nassau County taxpayers and a triumph for integrity and common sense,” Nassau County Legislator Arnold W. Drucker (D - Plainview) said.
“Nassau residents should never have been asked to pick up any part of Amazon’s bill in the first place. Their brazen end-run around a commitment to creating 150 new jobs in Syosset was an outrage and a broken promise that simply could not be tolerated. Amazon’s disregard for our community further reinforced my long-held belief that it did not need or deserve Nassau taxpayer assistance.”
“Through its actions, the Nassau County IDA has sent a clear message that businesses - no matter how large - will be held accountable for their commitments to Nassau taxpayers.”