I am pleased that NYCIDA
is able to make the necessary, investments to allow Dinas Distribution and PA Austin to remain and grow in New York City.
Harlem Park will become home to an estimated 2,390 permanent jobs including those associated with the newly created MLB Network, and catalyzing private investment in the revitalization of Harlem's entertainment, arts and commercial corridor," said newly appointed NYCIDA
chairman Seth W.
The organizations helped by the NYCIDA represent some of the most innovative and creative projects throughout the City," said Robert C.
NYCIDA approved approximately $18 million in triple tax-exempt bond financing, and about $514,220 in mortgage recording tax benefits for the Margaret Tietz Nursing and Rehabilitation Center to renovate, furnish and equip existing space, and construct, furnish and equip a 4,560 square foot addition to the facility in Jamaica, Queens.
Lieber, president of New York City Economic Development Corporation, which administers NYCIDA.
NYCIDA approved about $877,000 in mortgage recording tax and real estate tax benefits and about $9,400 in sales tax exemptions to help Mind, Hand and Company, J.
also approved approximately $125 million in tax-exempt bond financing and about $3.
It was a highly complex deal that involved many separate parties who had to be satisfied in order for the transaction to take place--the City of New York, the IRS, the teams, Major League Baseball and the NYCIDA
benefits are especially critical to this project because of the high cost of construction in the College Point Corporate Park where poor soft conditions make it necessary to build on pilings.
I am pleased NYCIDA
has programs that help these vital companies to grow and prosper.
LLC has been approved for NYCIDA
financing assistance to build a multi-dealer auto mall in East Harlem* its June meeting, the NYCIDA
Board also approved assistance for two bakeries to help them expand their manufacturing facilities, and a liquor importer seeking to expand and renovate warehouse space.
Alper announced that two private schools have been approved for NYCIDA
financing assistance to help them renovate and expand their facilities.