Rockaway's Empire Zone Businesses Get Together
Rockaway Development and Revitalization Corporation (RDRC), in its role as the Rockaway Peninsula Empire Zone Program Administrator, provided an informative workshop on the program and how it relates to the certified Empire Zone businesses and potentially new businesses interested in the program.
The workshop provided information on the current benefits allowed as well as the new changes which recently went into affect. Guest speakers included representatives from National Grid and Long Island Power Authority, Anchin,
Block and Anchin, and Rowe Capital.
The Empire Zone Program offers various tax incentives and credits as well as utility discounts to eligible businesses within the Empire Zone District. The District begins at Beach 12 Street in Far Rockaway and extends to Beach 116 Street in Rockaway Park.
"Many of our certified businesses are up-to-date with the program because they have competent accountants that understand and know the program, but for those few businesses that are having trouble obtaining their benefits, this workshop was extra helpful to them," says Tony Berkel, RDRC's Business Services Advisor.
Even for those businesses that are able to realize and maximize their benefits, the workshop was still a good forum to learn about the future of the program as well as other economic development products and services available through RDRC.
Kevin Alexander, RDRC's Executive Director, stated how important it is for any businesses entertaining any future development projects in the Rockaways to visit RDRC's Business Services Department first. "There is a wealth of information out not being taken advantage of."