Sullivan County Industrial Development - Ferndale, New York

Introduction to Sullivan County Industrial Development

For individuals and businesses seeking to establish or expand operations within Sullivan County, New York, the Sullivan County Industrial Development Agency (IDA) stands as a crucial resource. Located at 1 Cablevision Center Dr Rd, Ferndale, NY 12734, the IDA plays a pivotal role in fostering economic growth and development throughout the county. With a dedicated phone line at 52952603 and a comprehensive website at sullivanida.com, the agency provides tailored support to businesses of all sizes. The IDA functions as a county government office, strategically focused on attracting investment and creating employment opportunities.

Key Features and Services Offered

The Sullivan County IDA specializes in offering a range of incentives and assistance programs designed to encourage industrial and commercial development. These programs are meticulously crafted to benefit both businesses and the county’s overall economic well-being. Here’s a breakdown of their core offerings:

• Tax Increment Financing (TIF): This is a cornerstone of the IDA’s strategy. TIF allows for the capture of property tax revenues generated by new development and the reinvestment of those revenues back into the project itself or into public infrastructure improvements.
• Sales Tax Exemptions: The IDA facilitates sales tax exemptions on equipment, machinery, and materials used in qualifying projects, significantly reducing upfront capital costs for businesses.
• Property Tax Abatements: For a defined period, the IDA can negotiate property tax abatements, providing substantial savings on annual property taxes.
• Mortgage Recording Tax Exemptions: These exemptions streamline the financing process by eliminating mortgage recording taxes, another significant cost for businesses.
• Brownfield Redevelopment Assistance: Recognizing the importance of environmental remediation, the IDA offers assistance to companies involved in the redevelopment of brownfield sites – previously contaminated properties.
• Infrastructure Support: The IDA can assist in securing funding for necessary infrastructure improvements, such as road upgrades, utility extensions, and broadband connectivity.

Location and Accessibility

The Sullivan County Industrial Development Agency is strategically situated within Sullivan County, providing easy access for businesses and stakeholders. The physical address is 1 Cablevision Center Dr Rd, Ferndale, NY 12734. The office is designed with accessibility in mind, featuring a wheelchair accessible entrance and a wheelchair accessible parking lot, demonstrating a commitment to inclusivity and ensuring that everyone can easily engage with the agency. Its location in Ferndale allows for efficient communication and collaboration with county officials and local partners.

Opinions and Reviews

Currently, the Sullivan County Industrial Development Agency has 0 reviews on Google My Business, indicating a relatively new or nascent online presence regarding customer feedback. The average opinion is 0/5, reflecting a lack of publicly available reviews at this time. However, this does not necessarily indicate a negative experience; it simply suggests that the agency is still building its online reputation and actively seeking feedback from the business community.

Additional Points of Interest

Beyond its core services and accessibility features, the Sullivan County IDA maintains strong relationships with local economic development organizations and community leaders. They actively participate in regional economic planning initiatives and strive to create a business-friendly environment within Sullivan County. The agency’s commitment to collaboration and proactive engagement contributes significantly to its effectiveness. They prioritize fostering a transparent and responsive environment for all businesses considering Sullivan County as a location for their operations.

Contact Information and Resources

To learn more about the Sullivan County Industrial Development Agency and its programs, we encourage you to visit their website at sullivanida.com. You can also contact them directly at 52952603. The IDA’s team is readily available to answer your questions, provide personalized guidance, and assist you in navigating the process of establishing or expanding your business in Sullivan County. They are dedicated to helping businesses thrive and contribute to the county’s economic prosperity.