NEW WINDSOR, N.Y. (January 15, 2019) – The Orange County Industrial Development Agency met on Thursday for its first meeting of the new year. At the Jan. 10 meeting, the board confirmed its annual reorganization of members and adopted an initial resolution for the construction of an equipment maintenance facility and office building in Campbell Hall, N.Y.
The application submitted by Hampton Park, LLC outlines the site clearance and construction for two buildings on vacant lots located at 229 Neely Town Road in Campbell Hall. A one-story, 1,750-square-foot building will house office space for management, engineers and administrative personnel. A two-story, 5,000-6,000-square-foot garage will be used for repairing dump trucks and other heavy construction equipment.
Hampton Park is seeking a 10-year PILOT, $90,600 in sales tax exemptions and $6,000 in mortgage recording tax exemptions. If financial assistance is granted, the company will retain and expand 34 jobs in Orange County.
Mark Servidone, co-owner of the property, appeared at the Jan. 10 meeting to speak on behalf of the pending application before the IDA board.
“We’re deeply entrenched in the area and have been for quite some time. And, we intend to do so moving forward. We feel this project would be instrumental for us going forward in the area here,” said Servidone.
The initial resolution was adopted and a public hearing will be scheduled.
Also at the meeting, Mary Ellen Rogulski was reelected as chairwoman. She proposed a slate that included Edward A. Diana as vice chairman, John Steinberg, Jr. as second vice chairman, Stephen Brescia as secretary and the board’s newest member, Michael Gaydos, as assistant secretary. The IDA board unanimously voted to approve the slate. James DiSalvo and Robert J. Schreibeis, Sr. remain members of the board.
In addition, the board adopted resolutions to reappoint Laurie Villasuso as chief operating officer and executive vice president, Vincent Cozzolino as managing director, Joel Kleiman as chief financial officer and Kevin Dowd as the organization’s attorney, among others.
Following the reorganization, Managing Director Vincent Cozzolino shared with the board a report on The Accelerator, noting its continued growth and new developments planned for the coming year.
Melo, a manufacturer of Department of Defense backpacks as well as a sports bag, has created 23 full-time jobs and expects to employ at least 30 people by the end of 2019. Ziel, a fashion manufacturing company, recently moved into the Accelerator’s campus in the City of Newburgh and has already created 9 positions.
The organization’s Middletown cluster at the Horton campus, co-located with Touro College, which includes a medical device and software pod, is completely filled. Soon, they will be installing a pharmaceutical-grade clean room that will help these companies that are in the business of using cannabidiol (CBD) and other products.
“The biggest thing we have going next is our newest Accelerator that will be centered in Warwick. This will be a CBD Accelerator, which is a hemp plan that we’ve been working on,” said Cozzolino. “The new CBD Accelerator is currently discussing partnerships with appropriate medical facilities to serve as a center of excellence. From a research and development perspective, that’s going to make us very special.”
“We’ve also identified several farms and companies operating in the county and surrounding areas that will be joining this cluster. The project is getting bigger and bigger. From a project sector point of view, there’s approximately $2 million dollars being invested. From a Warwick/New York State point of view, there’s another $2.5 million dollars being invested. So, we’re expecting big things to come; we’re way ahead of the curve here,” he added.
