Subsidy Tracker Individual Entry

Company: 
Charmer Industries, Inc./Empire Merchants LLC
Parent Company: 
Breakthru Beverage Group
Subsidy Source: 
local
Location: 
New York
City: 
Astoria
Address: 
48-11 20th Avenue
Zip: 
11105
Project Description: 

The project consists of the renovation and equipping of a commercial facility, consisting of (i) the renovation and equipping of an approximately 145,000 square foot building located on the Company Land (the 'Company Facility'), and (ii) the renovation and equipping of an approximately 138,000 square foot building located on the Family Trust Land, all for use in the distribution of wholesale wine and spirits. Charmer Industries merged with Peerless Importers (IDA project 3057) to become Empire Merchants LLC

Year: 
2012
Major Industry of Parent: 
wholesalers
Specific Industry of Parent: 
wholesalers-beverages
Subsidy Value: 
$377,287
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: 2; retained: 787
Wage Data: 
salary created: 0; salary retained: 0
Wage Data Type: 
estimated salary
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: 
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