Subsidy Tracker Individual Entry

Company: 
Liz Claiborne, Inc.
Parent Company: 
Tapestry Inc.
Subsidy Source: 
local
Location: 
New York
Address: 
1441 Broadway
Zip: 
10018
Project Description: 

Liz Claiborne, Inc. is seeking assistance from the IDA in order to perform a facilities upgrade at 1441 Broadway, Manhattan and to purchase and/or lease machinery and equipment at 1440, 1441, 1450 Broadway and 240 West 40th street, Manhattan. Liz Claiborne is a designer and marketer of women's and men's apparel and accessories. In order to stay competitive and accommodate projected growth, Liz Claiborne would like to lease and fit out the 1441 Broadway facility and upgrade its machinery and equipment at is four Manhattan facilities.

Year: 
2009
Major Industry of Parent: 
apparel
Specific Industry of Parent: 
apparel
Subsidy Value: 
$199,725
Program Name: 
Industrial Development Agencies
Awarding Agency: 
New York City Industrial Development Agency
Type of Subsidy: 
tax credit/rebate; property tax abatement
Notes: 

Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes.

Source Notes: 
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