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MegadealsSubsidy Tracker Individual Entry
Company: Manhattan Beer Distributors LLC #2
Parent Company:
Subsidy Source: local
Location: New York
City: Bronx
Address: 921-925 East 149 Street
Zip: 10455
Project Description: Wholesale Trade; MBD desires to purchase, through its affiliate, BAMMS Realty LLC, four adjacent parcels, all located within tax block 2604 in the Bronx and totaling approximately 19.3 acres of land (see Appendix A) with four buildings containing approximately 292,500 square feet of space to create an expanded centralized distribution facility. The properties will be acquired over the next several months, concluding in the fall. MBD anticipates the proposed renovations, as more fully described below, including upgrades to the rail spurs to increase rail capacity at two buildings, to be complete and the new facility to be fully operational by January 2013, pending the relocationof one tenant.
Year: 2015
Subsidy Value: $597,942
Program Name: Industrial Development Agencies
Awarding Agency: New York City Industrial Development Agency
Type of Subsidy: tax credit/rebate
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. See original source for jobs and wage information. Description merges a general industry description with a project specific description as provided in the disclosure.
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