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Subsidy Tracker Parent Company Summary
Parent Company Name: Macerich
Ownership Structure: publicly traded (ticker symbol MAC)
Headquartered in: California
Major Industry: real estate
Specific Industry: real estate
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $148,510,139 | 55 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $148,510,139 | 55 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $0 | 0 |
Time Period for State and Local Awards: Earliest year of data: 2001. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2015.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
New York | $147,781,686 | 52 |
Iowa | $728,453 | 3 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value . | Type of Subsidy |
Valley Stream Green Acres LLC | New York | local | 2015 | $20,114,324 | | tax credit/rebate |
Valley Stream Green Acres LLC | New York | local | 2017 | $15,002,935 | | tax credit/rebate |
Valley Stream Green Acres LLC | New York | local | 2021 | $13,703,511 | | tax credit/rebate |
Valley Stream Green Acres LLC | New York | local | 2020 | $13,107,847 | | tax credit/rebate |
The Macerich Company | New York | Local | 2018 | $10,750,760 | | tax credit/rebate |
Valley Stream Green Acres LLC | New York | local | 2019 | $9,561,895 | | tax credit/rebate |
MACERICH QUEENS LIMI | New York | local | 2012 | $3,889,079 | | property tax abatement |
MACERICH QUEENS LIMI | New York | local | 2011 | $3,888,313 | | property tax abatement |
Green Acres Adjacent LLC | New York | local | 2019 | $3,581,840 | | tax credit/rebate |
Green Acres Adjacent LLC | New York | local | 2020 | $3,390,330 | | tax credit/rebate |
Green Acres Adjacent LLC | New York | local | 2021 | $3,224,454 | | tax credit/rebate |
Great Eastern Mall, L.P. | New York | state | 2012 | $3,050,375 | | enterprise zone |
WMAP, L.L.C. | New York | local | 2012 | $2,498,595 | | property tax abatement |
WMAP, L.L.C. | New York | local | 2012 | $2,498,595 | | property tax abatement |
WMAP, L.L.C. | New York | local | 2011 | $2,498,103 | | property tax abatement |
WMAP, L.L.C. | New York | local | 2011 | $2,498,103 | | property tax abatement |
Great Eastern Mall, L.P. | New York | state | 2013 | $2,306,181 | | enterprise zone |
Great Eastern Mall, L.P. | New York | state | 2011 | $2,218,858 | | enterprise zone |
Great Eastern Mall, L.P. | New York | state | 2014 | $1,610,452 | | enterprise zone |
Great Eastern Mall, L.P. | New York | state | 2005 | $1,595,282 | | enterprise zone |
Great Eastern Mall LP | New York | state | 2006 | $1,539,445 | | enterprise zone |
Green Acres Adjacent LLC | New York | local | 2017 | $1,530,166 | | tax credit/rebate |
Great Eastern Mall, L.P. | New York | state | 2007 | $1,500,959 | | enterprise zone |
Great Eastern Mall, L.P. | New York | state | 2004 | $1,487,004 | | enterprise zone |
Great Eastern Mall, L.P. | New York | state | 2003 | $1,426,825 | | enterprise zone |
Great Eastern Mall, L.P. | New York | state | 2008 | $1,376,305 | | enterprise zone |
Great Eastern Mall, L.P. | New York | state | 2009 | $1,339,964 | | enterprise zone |
Great Eastern Mall, L.P. | New York | state | 2010 | $1,329,171 | | enterprise zone |
THE MACERICH PARTNERSHIP LP | New York | state | 2015 | $1,279,813 | | tax credit/rebate |
THE MACERICH PARTNERSHIP LP | New York | State | 2015 | $1,279,813 | | tax credit/rebate |
WMAP, L.L.C. | New York | local | 2011 | $1,216,965 | | property tax abatement |
Eastview Mall | New York | local | 2019 | $1,179,385 | | tax credit/rebate |
Eastview Mall | New York | local | 2020 | $1,159,057 | | tax credit/rebate |
Eastview Mall | New York | local | 2021 | $1,122,888 | | tax credit/rebate |
Green Acres Adjacent LLC | New York | local | 2015 | $904,122 | | tax credit/rebate |
Great Eastern Mall, L.P. | New York | state | 2002 | $791,500 | | enterprise zone |
Great Eastern Mall, L.P. | New York | state | 2015 | $791,313 | | enterprise zone |
MACERICH PARTNERSHIP LP | New York | State | 2016 | $748,597 | | tax credit/rebate |
Eastview Mall | New York | local | 2016 | $746,877 | | tax credit/rebate |
Eastview Mall | New York | local | 2013 | $622,539 | | tax credit/rebate; property tax abatement |
Eastview Mall | New York | local | 2015 | $567,929 | | tax credit/rebate |
Eastview Mall, LLC | New York | Local | 2018 | $555,957 | | tax credit/rebate |
WMAP, L.L.C. | New York | local | 2012 | $548,628 | | property tax abatement |
Eastview Mall | New York | local | 2014 | $539,825 | | tax credit/rebate |
Eastview Mall | New York | local | 2017 | $448,013 | | tax credit/rebate |
THE MACERICH PARTNERSHIP, LP | New York | State | 2017 | $402,471 | | tax credit/rebate |
The Macerich Partnership LP | Iowa | local | 2022 | $353,127 | | tax increment financing |
The Macerich Partnership LP | Iowa | local | 2021 | $349,147 | | tax increment financing |
Valley Stream Green Acres LLC | New York | local | 2016 | $138,759 | | tax credit/rebate |
Greece Ridge LLC | New York | local | 2010 | $90,000 | | tax credit/rebate; property tax abatement |
The Macerich Company | New York | Local | 2018 | $42,340 | | tax credit/rebate |
Greece Ridge LLC | New York | local | 2013 | $32,743 | | tax credit/rebate; property tax abatement |
MACERICH PARTNERSHIP LP | New York | State | 2018 | $27,101 | | tax credit/rebate |
Macerich | Iowa | local | 2021 | $26,179 | | tax increment financing |
The Macerich Company | New York | Local | 2018 | $25,380 | | tax credit/rebate |
MPP, Inc. | Indiana | local | 2002 | undisclosed | | property tax abatement |
MPP, Inc. | Indiana | local | 2001 | undisclosed | | property tax abatement |