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MegadealsSubsidy Tracker Individual Entry
Company: Scholastic Book Fairs / Four L. Realty Co.
Parent Company:
Scholastic Corp.
Subsidy Source: local
Location: New York
City: Deer Park
Address: 925 Grand Ave.
Zip: 11729
Project Description: The acquisition and construction of a warehouse and distribution facility for use in the business of warehousing and wholesale distribution of books and educational materials. In 2009 a Certiorari Credit of $68,078.76 was applied to the PILOT.
Year: 2009
Major Industry of Parent: media
Specific Industry of Parent: publishing
Subsidy Value: $119,725
Program Name: Industrial Development Agencies
Awarding Agency: Babylon Industrial Development Agency
Type of Subsidy: tax credit/rebate; property tax abatement
Number of Jobs or Training Slots: 32
Capital Investment: $3,000,000
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.