Nassau County Executive Edward P. Mangano announced today that the Nassau County Industrial Development Agency (IDA) has approved an economic compact that will bring an iconic Brooklyn producer of bialys and bagels to Oceanside along with 72 new jobs.
B&S Bialys / Bagels by Bell Ltd., a third generation business established in 1947 and one of the largest bakers of bialys and bagels in the Northeast, will purchase and equip a 30,000-square foot industrial building at 3333-3345 Royal Avenue in Oceanside. The move will generate $274 million in economic benefits for Nassau County and almost $250,000 in net tax benefits.
County Executive Mangano stated, “The relocation of one of the nation’s largest bagel and bialy manufacturers from Brooklyn to Oceanside illustrates the continued confidence employers have in Nassau County’s economy. Bell’s $2.5 million brick and motor investment in Oceanside will benefit our economy to the tune of $274 million and bring 72 jobs to Nassau County that would otherwise end up in New Jersey.”
The company had seriously considered relocating to New Jersey. The Nassau County IDA approved the economic compact at a meeting on October 28th. Bell’s also will receive economic incentives from Empire State Development Corp., low cost electricity from PSEG Long Island and low-cost natural gas from National Grid.
Bell’s is best known for its bialys, a baked savory roll with a depression in the middle filled with caramelized onions. A bialy combines the taste of a bagel and an English muffin. Bell’s bialys are baked using a more-than-century-old recipe brought over from Bialystock, Poland. Now in a 13,900-square-feet building that it owns at 10013 Foster Ave. in Brooklyn’s Canarsie neighborhood, Bell’s, was started by Martin Bell, who handed the business down to his son, Warren, and who now is turning the reins over to his son, Jared. Bell’s wholesales to other bakeries in Brooklyn, major retail supermarket chains throughout the Northeast, as well as in Florida and California. Through the Internet, Bell’s also ships across the globe. It produces about 3,000 bialys daily.
About the Nassau County Industrial Development AgencyThe Nassau County Industrial Development Agency consists of a team of professionals whose mission is to promote the economic welfare and prosperity of Nassau County. It is a resource for businesses in Nassau County and those considering relocation. The IDA provides assistance to businesses interested in relocating, expanding and financing new investments. It has provided assistance to a wide range of companies including Hain Celestial, Publishers Clearing House, Arizona Iced Tea, Dealer Track Technologies and Sleepy’s Mattress as well as Cold Spring Harbor Labs and Grumman Studios. For more information, please visit www.nassauida.org or call (516) 571-1945.