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
Project Description: 

The acquisition, renovation and equipping of an office, warehouse and distribution facility for use by the company in the business of: warehousing and wholesale distribution of electronics components.

Year: 
2009
Major Industry of Parent: 
wholesalers
Specific Industry of Parent: 
wholesalers-electronic equipment
Subsidy Value: 
$104,864
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: 
531
Capital Investment: 
$6,000,000
Notes: 

Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes. Jobs number is total of estimated created and estimated retained (including construction jobs).

Source Notes: 
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