Business & Tech
Home Depot Wins Tax Deal For Hicksville Warehouse: Report
The massive building supply retailer has been awarded 15 years of tax breaks for a warehouse in Hicksville, according to a report.
HICKSVILLE, NY — Home Depot nabbed 15 years of tax breaks for an appliance warehouse in Hicksville, according to a report.
The Nassau County Industrial Development Agency unanimously approved a tax deal for the building supply retailer with a sales-tax exemption of up to $172,500 on purchases of equipment, fixtures and furnishings for the rented warehouse at 344 Duffy Ave, Newsday reported. The agency also approved reduced property taxes on the project for 15 years.
The facility will be used as a "last-mile" distribution center, Newsday reported. Home Depot will spend $2 million to equip the warehouse. The project will create 25 permanent jobs.
Find out what's happening in Hicksvillefor free with the latest updates from Patch.
Read more about the project here.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
