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MegadealsSubsidy Tracker Individual Entry
Company: GMDC OP LLC
Parent Company:
Subsidy Source: local
Location: New York
City: JAMAICA
Address: 94-15 100th street
Zip: 11416
Project Description: Finance, Insurance and Real Estate; The Project Company entered into an Agreement with the Agency to facilitate the acquisition and renovation of an approximately 90,000 square foot warehouse in the Ozone Park neighborhood of Queens. The warehouse will be converted into an industrial center which will provide space for approximately 24 businesses as tenants.
Year: 2019
Subsidy Value: $313,370
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: 39
Wage Data: 50486.8
Wage Data Type: yearly salary
Capital Investment: $40,807,113
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.
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