Subsidy Tracker Individual Entry

Company: 
GEICO Building -300 CrossPoint Pkwy
Parent Company: 
Berkshire Hathaway
Subsidy Source: 
local
Location: 
New York
City: 
GETZVILLE
Address: 
300 CrossPoint Pkwy
Zip: 
14068
Project Description: 

Finance, Insurance and Real Estate; Construction of single tenant northeast headquarter for GEICO. Job creation of 2,500 was over the first five years of the project. Hiring is on going.

Year: 
2019
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
Subsidy Value: 
$229,618
Program Name: 
Industrial Development Agencies
Awarding Agency: 
Amherst Industrial Development Agency
Type of Subsidy: 
tax credit/rebate
Number of Jobs or Training Slots: 
3,115
Wage Data: 
$18,000
Wage Data Type: 
yearly salary
Capital Investment: 
$22,100,000
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: 
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