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MegadealsSubsidy Tracker Individual Entry
Company: Seven Sutton Place
Parent Company:
Subsidy Source: local
Location: New York
City: BREWSTER
Address: 7 Sutton Place
Zip: 10509
Project Description: The major tenant is experiencing a decrease in business as a result of changes in the international fashion industry and the movement to online purchasing. The firm is diversifying its clients base, but has had to decrease employment. The approval of the project was based on construction of a commercial building having a major tenant.
Year: 2017
Subsidy Value: $20,690
Program Name: Industrial Development Agencies
Awarding Agency: Putnam County Industrial Development Agency
Type of Subsidy: tax credit/rebate
Capital Investment: $3,850,000
Source of Data:
(click here)
Notes: Subsidy value is total for the year of property tax abatements and sales tax exemptions less the 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.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.