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MegadealsSubsidy Tracker Individual Entry
Company: Salmar Properties, LLC
Parent Company:
Subsidy Source: local
Location: New York
City: BROOKLYN
Address: 850 Third Avenue
Zip: 11232
Project Description: Finance, Insurance and Real Estate; The acquisition, construction, re-construction, renovation and furnishing of an approximately 1,100,000 square foot building on an approximately 140,000 square foot parcel of land located at 850 Third Avenue, Brooklyn, New York 11232, to be subleased by the Lessee to Permitted Sublessees.
Year: 2019
Subsidy Value: $1,290,792
Program Name: Industrial Development Agencies
Awarding Agency: New York City Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 618
Wage Data: 37055.2
Wage Data Type: yearly salary
Capital Investment: $44,359,432
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.
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