Cairo influence in selection of new IDA executive director
Sometimes, when appointments seem to come out of the blue, campaign finance disclosure reports may yield some answers. Today it was announced in Newsday that Sheldon L. Shrenkel, 80, an independent financial consultant, was named the $175,000-a-year CEO and executive director of the Nassau County Industrial Development Agency, which works to attract and retain businesses in the county, essentially by offering tax breaks. While Shrenkel apparently has longtime business experience and served a decade ago on a county transit advisory committee, his name does not instantly come to mind as the most likely candidate to run a government development agency. But Shrenkel is from North Valley Stream. That's the first clue. Newsday also provided another hint as to why the IDA board may have hired Shrenkel. Since Republican Coun