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MegadealsSubsidy Tracker Individual Entry
Company: WR Communities - A
Parent Company:
Subsidy Source: local
Location: New York
City: WYANDANCH
Address: 0100 040.00 02.00 012.003
Zip: 11798
Project Description: Construction; The acquisition of leasehold interest on a 2.42 acre parcel of land located in Wyandanch and the acquisition, construction and equipping of an approximately 122,234 square foot mixed use residential/commercial development. The Facility will include approximately 17,500 square feet of commercial nonresidential space to be located on the ground floor and the balance of the square footage will be used as multifamily residential rental space which will include work force housing. The Project and the Facility are an integral part of the effectuation of the Town of Babylons Downtown Wyandanch Urban Renewal Plan.
Year: 2019
Subsidy Value: $285,831
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: $0
Wage Data Type: yearly salary
Capital Investment: $37,919,858
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.
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