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MegadealsSubsidy Tracker Individual Entry
Company: Utah Company of New York, Inc., The
Parent Company:
Subsidy Source: local
Location: New York
City: Brooklyn
Address: 592-598 Dean Street
Zip: 11217
Project Description: The acquisition of an approximately 51,000 square foot building located on a parcel of land located at 280 Bergen Street, Brooklyn, New York, (ii) the acquisition of an approximately 25,000 square foot building and a 12,655 square foot parking lot located on a parcel of land located at 592-598 Dean Street, Brooklyn, New York, (iii) the acquisition of an approximately 1,800 square foot building located at 601 Bergen Street, Brooklyn, New York, and (iv) the renovation of each such building, all for the manufacturing of liquid and film stencil-making and cleaning products for screens (the Project), and to be leased to the Lessee, and in furtherance of said purpose, on June 22, 1999 the Agency adopted a resolution authorizing the Project, and undertaking to permit the issuanceof its revenue bonds to finance such Project and thereupon to lease the Facilities to the Lessee.;
Year: 2009
Subsidy Value: $157,713
Program Name: Industrial Development Agencies
Awarding Agency: New York City Industrial Development Agency
Type of Subsidy: tax credit/rebate; property tax abatement
Capital Investment: $5,910,000
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.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.