The New York State Comptroller’s Office recently released its annual performance report on the State’s 109 Industrial Development Agencies (IDAs). The report details, among other things, the number of projects, tax abatements and job creation performance for all IDA projects active during 2016.

On behalf of, and in conjunction with, the heads of Long Island’s seven other IDAs, I’m pleased to say the comptroller’s report concluded that Long Island’s IDAs performed extremely well.

There were 812 projects being supported by Long Island IDAs in 2016. Combined, those 812 projects read more ››

The statistics about home prices are alarming ["Price tags for homes in fat lane," News, Aug. 19].

In Suffolk County, new buyers will spend 56 percent of their average wage on a median-priced home, nearly double what the Department of Housing and Urban Development recommends. Additionally, young adults have seen a 22 percent drop in wages since 1970, hindering their ability to achieve the upward mobility possible in their parents' generation. Long Island is not facing an affordability gap; it is facing an affordability crisis.

Every year, Long Island loses $700 million in read more ››