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MegadealsSubsidy Tracker Individual Entry
Company: MCRT
Parent Company:
Subsidy Source: local
Location: New York
City: YONKERS
Address: Downtown Yonkers (multiple locations)
Zip: 10701
Project Description: Finance, Insurance and Real Estate; The redevelopment project includes a waterfront residential development comprising one or more high rise buildings, neighborhood retail, as well as a parking for the residents.
Year: 2019
Subsidy Value: $2,063,077
Program Name: Industrial Development Agencies
Awarding Agency: Yonkers Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 17
Wage Data: $0
Wage Data Type: yearly salary
Capital Investment: $111,000,000
Source of Data:
(click here)
Notes: Year is fiscal year. Subsidy value is total for the year of property tax abatements and sales tax exemptions less the net of payments in lieu of taxes. Jobs data is total current FTE. Wage data is estimated yearly salary created. See original source for further details on jobs and wage information. Description merges a general industry description with a project specific description as provided in the disclosure. Investment is total project cost.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.