Category: orange county industrial development agency

Orange County IDA Approves Tax-Exempt Bonds for Buyer of Glen Arden

June 26, 2023
Bethel Communities Managementglen ardenNew Yorkorange county industrial development agencyOrange County NYRegional & State NewsState NewsUS
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The Orange County Industrial Development Agency (IDA) on June 21 approved the re-issuance of a decades-old tax-exempt bond to facilitate the pending sale of Glen Arden. Glen Arden is a Goshen-based, high-end retirement community that has been mired in financial distress for years and failed to pay local taxes since 2021. Bethel Communities Management proposed…

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Orange County IDA’s Controversial Accelerator Program Down to 2 Tenants

June 9, 2023
accelerator programBill FioravantiNew Yorkorange county industrial development agencyOrange County NYRegional & State NewsState NewsUS
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The controversial Accelerator program of Orange County Industrial Development Agency (OCIDA) has been slashed down to two tenants as of a June 6 committee meeting. Designed as an incubator providing subsidized rental spaces to small businesses, the Accelerator program was central to a high-profile corruption scandal involving three convicted OCIDA officials in 2021. Bill Fioravanti,…

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Orange County’s 3rd Amazon Warehouse Granted $10 Million in Tax Exemptions

June 1, 2023
AmazonNew Yorkorange county industrial development agencyOrange County NYRegional & State NewsState NewsUSwawayanda
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A soon-to-be-constructed $200 million Amazon warehouse in the Town of Wawayanda was awarded more than $10 million in tax exemptions by the Orange County Industrial Development Agency (OCIDA). It is the third Amazon warehouse to be built in the county, following a one-million-square-foot distribution center in the Town of Montgomery and a “last-mile” delivery station…

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