May 15, 2013 - West Babylon, NY - The Long Island Board of REALTORS®, Inc. (LIBOR) completely supports and embraces Governor Cuomo’s proposed initiative to create a new Long Island Power Authority.

According to LIBOR CEO, Joseph E. Mottola, “This announcement is long needed and if enacted as planned – this new entity will provide some crucial benefits such as: the stabilizing of rates, improved customer service and an enhanced ability to respond to natural occurrences such as wind and storms. We look forward to an expedited process so we may all realize the benefits of the Governor’s initiative.”