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Subsidy Tracker Parent Company Summary
Parent Company Name: Veris Residential Inc.
Ownership Structure: publicly traded (ticker symbol VRE)
Headquartered in: New Jersey
Major Industry: real estate
Specific Industry: real estate
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $41,971,497 | 4 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $41,971,497 | 4 |
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 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 Jersey | $41,893,049 | 2 |
New York | $78,448 | 2 |
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 |
MARBELLA TOWER URBAN RENEWAL ASSOCIATES, LLC | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
MONACO NORTH URBAN RENEWAL, LLC | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
MONACO SOUTH URBAN RENEWAL, LLC | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
MARBELLA TOWER URBAN RENEWAL ASSOCIATES, LLC | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
MONACO SOUTH URBAN RENEWAL, LLC | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
MONACO NORTH URBAN RENEWAL, LLC | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
101 COMMERCE REALTY | New York | local | 2012 | $30,005 | | property tax abatement |
101 COMMERCE REALTY | New York | local | 2011 | $48,443 | | property tax abatement |
Port Imperial South LLC | New Jersey | state | 2011 | $8,893,049 | | tax credit/rebate |
Harborside Unit A LLC | New Jersey | state | 2013 | $33,000,000 | | tax credit/rebate |