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Tag: suffolk county ida

  • Pharma manufacturer getting IDA help for expansion | Long Island Business News

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    and its affiliate, AiPing Pharmaceuticals, received preliminary approval for economic incentives from the Suffolk County Industrial Development Agency for a planned . 

    The $6.7 million project includes the conversion of existing warehouse space to a production and manufacturing area to accommodate additional employees and machinery required for the company to transition to prescription pharmaceutical operations, according to an IDA statement. 

    The project is expected to add 35 jobs to the company’s existing staff of 162. 

    A&Z currently uses its buildings for domestic sales and as a laboratory, research and development, and manufacturing site for the export of over-the-counter pharmaceuticals, nutraceuticals and prescription pharmaceuticals for sale in the domestic market. 

    In addition to its over-the-counter medications and nutraceuticals, A&Z’s facility is also FDA-registered to manufacture such prescription drugs as Amitriptyline HCl, which is used to treat depression; Buspirone, which is used to treat generalized anxiety disorder; Meloxicam, which is used for arthritis pain management; and Metformin HCl, which is used to treat diabetes, according to the IDA. The company added 20 FDA prescription drug licenses this year and could add another 10 licenses in 2026. 

    “We are grateful for the continued partnership of the Suffolk County Industrial Development Agency,” CEO Emma Li Xu, A&Z’s founder, said in the statement. “With the IDA’s critical support, we can move more of our manufacturing and development to Suffolk County.” 

    Xu started A&Z with four people 30 years ago after working in China, Hong Kong, and Australia, according to the IDA. 

    “A& Z Pharmaceutical has been a leading manufacturer for 30 years in the global pharmaceutical and growing supplement market,” Kelly Murphy, executive director of the Suffolk IDA, said in the statement. “This project will strengthen A&Z’s manufacturing capabilities and support the continued growth of Suffolk County’s manufacturing and pharmaceutical industry. Projects like this ensure that Suffolk continues to be a hub for innovation, high-quality jobs, and long-term economic vitality.” 


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    David Winzelberg

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  • Cornerstone Kings Park breaking ground near LIRR station | Long Island Business News

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    THE BLUEPRINT:

    • $22.5M boutique apartment project breaks ground in

    • 46-unit development includes affordable workforce housing

    • Located near Kings Park station

    Elected officials and local business leaders will join development executives Tuesday at a groundbreaking ceremony for a new boutique apartment project in Kings Park. 

    Site work has already begun on the $22.5 million transit-oriented project that will bring a three-story, 59,715-square-foot building to the western side of the Tanzi Plaza shopping center at 30 Indian Head Road. The site was formerly occupied by a freestanding Sombrero’s Southwest Grill restaurant. 

    The 46-unit development, called , is a partnership between  Properties and Tanzi Properties. Located just steps away from the Kings Park Long Island Rail Road station, it will consist of a mix of five studios, 32 one-bedroom and nine two-bedroom units. Five of the apartments will be offered at reduced rents and designated affordable workforce housing. 

    Amenities will include a clubroom, fitness center, virtual entry system, elevator and trash valet service. The project will feature 137 parking spaces, including 29 below-grade spots. Islandia-based GRCH Architecture is designing the development, and its civil engineer is Huntington-based R&M Engineering. Garrett Gray of Melville-based Weber Law Group represented the developers throughout the approvals and IDA application process. 

    The developers received a financial assistance package from the Suffolk County Industrial Development Agency for the project, including a payment-in-lieu-of-taxes agreement. 

    Cornerstone Kings Park is the first new multifamily development in Kings Park in decades, facilitated by the Town of Smithtown’s comprehensive plan for Kings Park’s downtown and the completion of Suffolk County’s expansion of the Kings Park sewer system. The project will create about 90 construction jobs and is expected to be completed in about 18 months, with first occupancies slated for Q1 2027.   

    Terwilliger & Bartone has been a prolific developer of Long Island downtown apartment projects in recent years. The company has built multifamily apartment developments in Farmingdale, Hauppauge, Lynbrook and Westbury.  

    LIBN was first to report on the developer’s newest endeavor, a $61 million project that will bring 106 apartments over 4,000 square feet of  space to a 2-acre site on Jerusalem Avenue in Hicksville. Called Cornerstone Hicksville, the four-story building will have a mix of studios, one- and two-bedroom units with underground parking for more than 200 vehicles.  The planned is located a stone’s throw from the Hicksville Long Island Rail Road station. 


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    David Winzelberg

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  • Pharma firm expands with Commack industrial property | Long Island Business News

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    Luxury home furnishings chain RH opens at Americana Manhasset 

    RH debuts a 3-level, 19,400 sq. ft. luxury furniture store in Manhasset, its fourth Long Island location, with[…]

    September 26, 2025

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    David Winzelberg

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