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MegadealsSubsidy Tracker Individual Entry
Company: Sheedy Road LLC/Juneberry Road LLC
Parent Company:
Subsidy Source: local
Location: New York
City: VESTAL
Address: 1501 Route 26S
Zip: 13850
Project Description: Construction; Upstate SK, LLC acquired the property in 2013. Subsequent to acquisition, Upstate subdivided the property into two parcels: a 14.6 acre lot owned by an affiliated entity, Sheedy Road LLC and a 4.4 acre lot owned by an affiliated entity Juneberry Road, LLC. It will be developed as a 148,400 sq ft new multi use senior longterm care campus consisting of three NYSDOHl icensed health related facilities: a 160 bed skilled nursing facility, a 40 bed assisted living program and a 31 registrant adult day care health program. The Agency took title of the property in 2013, but the project did not close until 2014, so there are no tax or employment figures to report for 2013.
Year: 2019
Subsidy Value: $407,794
Program Name: Industrial Development Agencies
Awarding Agency: Broome Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 158
Wage Data: $33,851
Wage Data Type: yearly salary
Capital Investment: $40,000,000
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.