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MegadealsSubsidy Tracker Individual Entry
Company: WR Communites-E, LLC
Parent Company:
Subsidy Source: local
Location: New York
City: WYANDANCH
Address: 1 Wyandanch Avenue
Zip: 11798
Project Description: Construction; Construction and equipping 124 unit multi-family residential rental housing facility containing approximately 102,600 square feet. The Project and the Facility are an integral part of the effectuation of the Town of Babylons Downtown Wyandanch Urban Renewal Plan. 2018-2019 taxes were paid to the Town. No PILOT payment will be due until the issuance of a final or temporary certificate of occupancy.
Year: 2019
Subsidy Value: $567,064
Program Name: Industrial Development Agencies
Awarding Agency: Babylon Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 0
Wage Data: $55,637
Wage Data Type: yearly salary
Capital Investment: $39,583,321
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.