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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 | $171,945,910 | 58 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $171,945,910 | 58 |
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 York | $171,217,457 | 55 |
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 | 2022 | $18,371,576 | | 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 |
Green Acres Adjacent LLC | New York | local | 2022 | $4,056,722 | | 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 |
Eastview Mall | New York | local | 2022 | $1,007,473 | | 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 |