Subsidy Tracker Individual Entry

Company: 
Gallant and Wein Corporation
Parent Company: 
Subsidy Source: 
local
Location: 
New York
City: 
LONG ISLAND CITY
Address: 
11-20 43rd Road
Zip: 
11101
Project Description: 

Manufacturing; The acquisition, renovation, construction, furnishing and equipping of three facilities in Long Island City, New York, consisting of (i) the acquisition, construction, renovation, furnishing and equipping of an existing approximately 3,892 square foot building located on an approximately 2,200 square foot parcel of land located at 4355 11th Street, (ii) the renovation, construction, furnishing and equipping of an existing II ,500 square foot building located on an approximately 13,528 square foot parcel of land located at 1110 43rd Road and (iii) the renovation, construction, furnishing and equipping of an existing 21,000 square foot building located on an approximately 10,500 square foot parcel of land located at 1120 43rd Road, all for the use by the in its operations as a fabricator and distributor of power and communication cables and products.

Year: 
2016
Subsidy Value: 
$5,000,000
Program Name: 
Industrial Development Agencies
Awarding Agency: 
New York City Industrial Development Agency
Type of Subsidy: 
tax credit/rebate
Notes: 

Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes. See original source for jobs and wage information. Description merges a general industry description with a project specific description as provided in the disclosure.

Source Notes: 
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