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MegadealsSubsidy Tracker Individual Entry
Company: Valley Stream Green Acres LLC
Parent Company:
Macerich
Subsidy Source: local
Location: New York
City: VALLEY STREAM
Address: 2034 Green Acres Road South
Zip: 11580
Project Description: Retail Trade; 1)Designated a Tourist Destination (Nassau/Queens border). 1)Still filling vacancies 2) Employment creation is by end of PILOT Agreement. 3) Employment retention is based on total number of both full and part time employees at application
Year: 2019
Major Industry of Parent: real estate
Specific Industry of Parent: real estate
Subsidy Value: $9,561,895
Program Name: Industrial Development Agencies
Awarding Agency: Hempstead Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 2,990
Wage Data: $51,000
Wage Data Type: yearly salary
Capital Investment: $79,064,826
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.