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MegadealsSubsidy Tracker Individual Entry
Company: Avalon on the Sound (Phase I)
Parent Company:
AvalonBay Communities
Subsidy Source: local
Location: New York
City: New Rochelle
Year: 2008
Major Industry of Parent: real estate
Specific Industry of Parent: real estate
Subsidy Value: $3,483,311
Program Name: Industrial Development Agencies
Awarding Agency: New Rochelle Industrial Development Agency
Type of Subsidy: tax credit/rebate; property tax abatement
Number of Jobs or Training Slots: 15
Capital Investment: $87,352,342
Source of Data: spreadsheet posted by Office of the State Comptroller at
(click here)
Notes: subsidy value is amount awarded; jobs and investment figures are projected
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.