Men on the Move Moving & Self-Storage will open its new headquarters this week in Woodbury, N.Y. The company purchased the 51,000-square-foot building at 150 Crossways Park Drive W. last year for $5.75 million. About 7,000 square feet of the former Cablevision call center will be used for management and corporate operation, according to the source.
The company intends to build an additional 90,000-square-foot structure on the 4.6-acre property, dedicating about 67,500 square feet to self-storage and the remainder to warehousing for its moving operation, the source reported.
The project enabled Men on the Move to receive a significant tax break from Nassau County, N.Y., officials to keep the business in the county rather than relocate to Queens, N.Y. The Nassau Industrial Development Agency offered a $350,200 sales-tax exemption for the purchase of construction materials, equipment and fixtures, along with a $132,100 discount on the mortgage-recording tax. As part of the deal, the property tax was to be frozen for one year, followed by incremental increases of 1.66 percent for the next 14 years.
The move expanded the company’s headquarters by 47 percent. The company is seeking acquisition opportunities in Nassau and Suffolk Counties, founder John Beyer told the source.
Founded in 1985, Men on the Move has a fleet of moving trucks and another storage facility in Farmingdale, N.Y.
Source:
Long Island Business News, Expanding Self-Storage Firm Eyes More Sites
