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Island Water Park faces benefit recapture if next PILOT payment is late, Riverhead IDA says

Summary by RiverheadLOCAL
Island Water Park Corp., which received nearly $1.4 million in net tax exemptions from 2022 through 2025, faces recovery of those benefits if it again misses a payment deadline, the Riverhead IDA said.
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Island Water Park faces benefit recapture if next PILOT payment is late, Riverhead IDA says

Island Water Park Corp., which received nearly $1.4 million in net tax exemptions from 2022 through 2025, faces recovery of those benefits if it again misses a payment deadline, the Riverhead IDA said.

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RiverheadLOCAL broke the news on Monday, November 9, 2026.
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