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MegadealsSubsidy Tracker Individual Entry
Company: Magna Care
Parent Company:
Subsidy Source: local
Location: New York
City: Garden City
Address: 825 E. Gate Blvd
Zip: 11530
Project Description: This is a triple net lease with SR Garden City. Magna Care is responsibile for PILOT payments and employment obligations. They also have a direct sales tax exemption
Year: 2009
Subsidy Value: $450,014
Program Name: Industrial Development Agencies
Awarding Agency: Hempstead Industrial Development Agency
Type of Subsidy: tax credit/rebate; property tax abatement
Number of Jobs or Training Slots: 143
Capital Investment: $19,000,000
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 number is total of estimated created and estimated retained (including construction jobs).
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.