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Lee Browning

Riverhead Industrial Development Agency approves tax benefits for hotel and medical office along Route 58 corridor

by Aug 9, 2017
The developer of the Residence Inn got a sales tax exemption increase and the developer of a proposed medical office on Ostrander Avenue just north of Route 58 got a package of benefits including a five-year property tax abatement.

In split vote, Riverhead Industrial Development Agency grants tax breaks for new Route 58 hotel

by Apr 7, 2015
Hotel developer Lee Browning yesterday won IDA approval of tax abatements and exemptions worth more than $1.6 million over 10 years, including an estimated $579,162 in real property tax abatements. IDA member Dawn Thomas cast the lone 'no' vote.