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MegadealsSubsidy Tracker Individual Entry
Company: DMFYD LIC LLC
Parent Company:
Subsidy Source: local
Location: New York
City: LONG ISLAND CITY
Address: 9-03 44th Road
Zip: 11101
Project Description: Finance, Insurance and Real Estate; The Lessee entered into a straight lease transaction with the NYCIDA to construct and develop a three story building with approximately 86,234 sq. ft. on an approximately 42,521 sq. ft. parcel of land located in Long Island City, New York to be used for Industrial Use, subject to the limitations stated in the Agreement.
Year: 2019
Subsidy Value: $91,002
Program Name: Industrial Development Agencies
Awarding Agency: New York City Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 0
Wage Data: $63,700
Wage Data Type: yearly salary
Capital Investment: $32,096,773
Source of Data:
(click here)
Notes: Year is fiscal year. Subsidy value is total for the year of property tax abatements and sales tax exemptions less the net of payments in lieu of taxes. Jobs data is total current FTE. Wage data is estimated yearly salary created. See original source for further details on jobs and wage information. Description merges a general industry description with a project specific description as provided in the disclosure. Investment is total project cost.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.