Subsidy Tracker Individual Entry
Jetro sought NYCIDA assistance to acquire an approximately 522,720 sq. ft. vacant parcel of land and to construct and equip an 193,000 sq. ft. warehousing facility, located at One Oak Point Avenue in the Bronx. The company is a wholesale paper goods, cleaning supplies, food equipment and food distributor, primarily serving restaurants and supermarkets. The new, larger facility will allow the Company to expand the categories of products it sells, to include items such as fresh fish, meat and broader ranges of dairy products. In addition, the planned facility will be LEED certified, reducing its environmental impact and energy usage in the area.
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.