Subsidy Tracker Individual Entry

Company: 
Jetro Cash & Carry Enterprises, LLC #3 (2010)
Parent Company: 
Leonard Green & Partners
Subsidy Source: 
local
Location: 
New York
City: 
Bronx
Address: 
One Oak Point Avenue
Zip: 
10455
Project Description: 

Wholesale Trade; 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.

Year: 
2015
Major Industry of Parent: 
private equity (including portfolio companies)
Specific Industry of Parent: 
private equity (including portfolio companies)
Subsidy Value: 
$746,415
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: 
If an online information source is not working, check the Tracker inventory page for an updated link.