Lake Success-based Dealertrack has announced plans to sign a lease to move into a newly constructed 233,000 square foot corporate office building in the Village of North Hills in early 2016.
The new building, one planned for 3400 New Hyde Park Rd. is approximately one mile from Dealertrack’s current headquarters.
Dealertrack expects to benefit from financial incentives being provided by the State of New York and Nassau County.
“Dealertrack was founded here on Long Island, and we remain committed to our local team members, our customers, Long Island and New York for making our company what it is today,” said Mark O’Neil, chairman and chief executive officer, Dealertrack. “This new construction will allow us to better accommodate future growth and will give our team members an ideal work environment, while helping us attract new talent to the company.”
“Dealertrack’s presence on Long Island has grown Nassau County’s economy, generating new jobs and paving the way for future economic development, and this expansion will further strengthen our economy,” said State Senator Jack Martins (R – Mineola). “I commend Governor [Andrew] Cuomo and our local partners for their leadership and dedication to helping great companies like Dealertrack expand and create new jobs and opportunities for Long Islanders.”
“Businesses like Dealertrack are the heartbeat of our local economy,” added Nassau County Executive Edward P. Mangano. “I applaud Governor Cuomo for his commitment to ensuring Dealertrack remains, expands and grows jobs here in Nassau County.”
Dealertrack Technologies’ intuitive and high-value web-based software solutions and services enhance efficiency and profitability for all major segments of the automotive retail industry, including dealers, lenders, OEMs, third-party retailers, agents and aftermarket providers.