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Subsidy Tracker Individual Entry

Company: Avalon Bay Communities, Inc.
Parent Company: AvalonBay Communities
Subsidy Source: local
Location: New York
City: Melville
County: Nassau
Address: 100 Avalon Court Drive
Zip: 11747
Year: 2006
Major Industry of Parent: real estate
Specific Industry of Parent: real estate
Subsidy Value: $1,499,068
Program Name: Industrial Development Agencies
Awarding Agency: Glen Cove IDA
Type of Subsidy: tax credit/rebate; property tax abatement
Number of Jobs or Training Slots: 9
Capital Investment: $67,836,474
Source of Data: unpublished data obtained by New York Jobs with Justice (now ALIGN: The Alliance for a Greater New York) from the New York State Comptroller's Office and the New York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.