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MegadealsSubsidy Tracker Individual Entry
Company: Hudson Moving and Storage Co., Inc.
Parent Company:
Subsidy Source: local
Location: New York
Address: 659-665 West 158th Street
Zip: 10032
Project Description: Hudson Moving and Storage entered into an Industrial Incentive Program transaction for the purchase and renovation, including the construction of an additional floor, of a 33,000 square foot facility located on West 158th Street with total project costs estimated to be $6.2 million. Renovations are anticipated to be complete in two years with work occurring while the Hudson is operating in the space. This new facility will create a permanent home for Hudson that will stabilize its operations, provide permanency and allow for future growth. Hudson currently has 29 full-time equivalent employees and expects to add three additional employees in the next three years.
Year: 2012
Subsidy Value: $1,200
Program Name: Industrial Development Agencies
Awarding Agency: New York City Industrial Development Agency
Type of Subsidy: tax credit/rebate; property tax abatement
Wage Data: salary created: 28000; salary retained: 32942
Wage Data Type: estimated salary
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. Jobs and wages are estimates.
Source Notes: If an online information source is not working, check the Tracker
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