A Smithtown developer has been appointed to the board of the Suffolk County Industrial Development Agency.
X. Cristofer Damianos, an owner of Damianos Realty Group in Smithtown, participated in his first board meeting last week. He succeeds board secretary Anthony Giordano who resigned in December 2021 after eight years because of increased work responsibilities as an agent for Major League Baseball players.
The seven-member board consists of business, union and nonprofit leaders, all unpaid volunteers and all appointed by the County Legislature.
Damianos told the other board members, “I’m excited to be here.”
His company owns more than 1 million square feet of space, primarily offices in Suffolk, and was started in 1968 by Damianos’ father, Xenophon, a physician who built medical offices.
Besides the IDA board, Cristofer Damianos serves on the Nissequogue Zoning Board of Appeals, helped to start Gold Coast Bank and was a Long Island Power Authority trustee in 2007-12.
Damianos’ appointment to the IDA board was lauded by Kevin Law of the Tritec Real Estate Co. in East Setauket and Kyle Strober of the developers’ group Association for a Better Long Island.
“As someone who is fully invested in Suffolk County, one can expect Cris Damianos to have both the region’s economy and taxpayers in mind when reviewing applications” for IDA tax breaks, Strober said.
Article: https://www.newsday.com/business/suffolk-ida-board-tax-breaks-cristofer-damianos-k2lh7s2m