Basic Search
|
Geographic Searches
|
Advanced Search |
MegadealsSubsidy Tracker Individual Entry
Company: Empire Resorts Real Estate II, LLC.
Parent Company:
Subsidy Source: local
Location: New York
City: MONTICELLO
Address: One Resorts World Drive
Zip: 12701
Project Description: Other Categories; Construction of a mixed-use 124,000 sq ft six-story building including a 162-unit hotel, restaurant, coffee shop, an d retail adjacent to the Resorts World Catskills casino resort. On 5/18/17 a $35,000,000 mortgage was approved to facilitate the project in whole or in part among the Montreign Operating Company project.
Year: 2019
Subsidy Value: $395,041
Program Name: Industrial Development Agencies
Awarding Agency: Sullivan County Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 21
Wage Data: $40,000
Wage Data Type: yearly salary
Capital Investment: $38,900,000
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.