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MegadealsSubsidy Tracker Individual Entry
Company: ZION COURT APARTMENTS
Parent Company:
Subsidy Source: local
Location: New York
City: MOUNT VERNON
Address: 116 West First Street
Zip: 10550
Project Description: [28 Residential Units. The Apartment was finished when tax abatement was requested. The request was before the IDA Board since October 2012 before approval.] Per project's '2017 MVIDA Project Profile Update', there is 1 FTE making $13/hour and total annual payroll for 2017 was $24,698. In 2017, project paid $1,040.40 in PILOT payment late fees. Benefited Project Amount not entered correctly in original form. Benefited Project Amount is typically 70% of Total Project Amount (deduct 30% for soft costs).
Year: 2017
Subsidy Value: $35,679
Program Name: Industrial Development Agencies
Awarding Agency: Mount Vernon Industrial Development Agency
Type of Subsidy: tax credit/rebate
Capital Investment: $8,911,348
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.