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MegadealsSubsidy Tracker Individual Entry
Company: Stellae International, Inc.
Parent Company:
Subsidy Source: local
Location: New York
City: FARMINGDALE
Address: 50 Marcus Dr & 333 Smith St, 50 Marcus Dr and 66 Marcus Dr
Zip: 11735
Project Description: Acquisition, renovation and equipping of a warehousing and office facility for use in the business of providing logistics and distribution services for the luxury and fashion industries. PILOT begins 2017/2018. Facility under renovation, project operations have not yet moved into the facility.
Year: 2017
Subsidy Value: $574,186
Program Name: Industrial Development Agencies
Awarding Agency: Babylon Industrial Development Agency
Type of Subsidy: tax credit/rebate
Capital Investment: $19,738,670
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.