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MegadealsSubsidy Tracker Individual Entry
Company: Sovran Self Storage / Sovran Acquisition LimitedPartnership
Parent Company:
Life Storage Inc.
Subsidy Source: local
Location: New York
City: LINDENHURST
Address: 101 E Hoffman Avenue
Zip: 11757
Project Description: Services; The acquisition, renovation and equipping of the approximately 46,893 square foot self storage facility for use as a commercial self storage facility.
Year: 2019
Major Industry of Parent: miscellaneous services
Specific Industry of Parent: self-storage facilities
Subsidy Value: $53,522
Program Name: Industrial Development Agencies
Awarding Agency: Babylon Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 1
Wage Data: $0
Wage Data Type: yearly salary
Capital Investment: $8,477,500
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.