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Subsidy Tracker Individual Entry

Company: Arrow Electronics, Inc. / Reckson Operating Partnership, LP
Parent Company: Arrow Electronics
Subsidy Source: local
Location: New York
City: Farmingdale
Address: 50 Marcus Drive
Zip: 11735
Year: 2007
Major Industry of Parent: wholesalers
Specific Industry of Parent: wholesalers-electronic equipment
Subsidy Value: $162,457
Program Name: Industrial Development Agencies
Awarding Agency: Babylon Industrial Development Agency
Type of Subsidy: tax credit/rebate; property tax abatement
Number of Jobs or Training Slots: 699
Capital Investment: $6,000,000
Source of Data: unpublished data obtained by New York Jobs with Justice (now ALIGN: The Alliance for a Greater New York) from the New York State Comptroller's Office and the New York State Authorities Budget Office.
Notes: Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes. Jobs figure is sum of original estimates of the number of jobs to be created and retained. The Investment Data figure is the total value of the project.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.