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MegadealsSubsidy Tracker Individual Entry
Company: Federal Express Corporation #2 (2006)
Parent Company:
FedEx
Subsidy Source: local
Location: New York
Address: 148 Leroy Street
Zip: 10014
Project Description: to accomplish the purposes of the Act, the Agency has entered into negotiations with the Company to induce the Company to commence the improvement and equipping of a commercial facility a project within the meaning of the Act within the territorial boundaries of The City of New York, consisting of the improvement and equipping of an existing approximately 49,373 square foot distribution facility located on an approximately 24,677 square foot parcel of land generally known as and by the street address of 148 Leroy Street, in New York, New York (the Land) and the construction and equipping of an approximately 10,000 square foot addition thereto, all for use by the Company in its parcel shipping business (collectively, the Project).
Year: 2010
Major Industry of Parent: freight and logistics
Specific Industry of Parent: package delivery
Subsidy Value: $86,566
Program Name: Industrial Development Agencies
Awarding Agency: New York City Industrial Development Agency
Type of Subsidy: tax credit/rebate; property tax abatement
Source of Data:
(click here)
Notes: Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.