Subsidy Tracker Individual Entry
Company:
Peerless Equities LLC/Empire Merchants LLC
Parent Company:
Breakthru Beverage Group
Subsidy Source:
local
Location:
New York
City:
Brooklyn
Address:
16 Bridgewater Street
Zip:
11222
Project Description:
Renovation of existing warehouse facility. Installation of a state of the art sortation system. Company received permission to extend its project completion date and sales tax letter to 2 1 09
Year:
2012
Major Industry of Parent:
wholesalers
Specific Industry of Parent:
wholesalers-beverages
Subsidy Value:
$650,374
Program Name:
Industrial Development Agencies
Awarding Agency:
New York City Industrial Development Agency
Type of Subsidy:
tax credit/rebate; property tax abatement
Number of Jobs or Training Slots:
created: 650; retained: 730
Wage Data:
salary created: 0; salary retained: 0
Wage Data Type:
estimated salary
Source of Data:
http://www.osc.state.ny.us/localgov/datanstat/findata/index_choice.htm
Notes:
Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes. Jobs and wages are estimates.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.