Upcoming Project Information

In an effort to provide more transparency, NYCEDC is making detailed information available for upcoming NYCIDA projects. Detailed information for projects that will be covered in the next NYCIDA Public Hearing on July 20, 2017, can be found below.

NYCIDA Public Hearing Notice - July 20 2017

Brooklyn Union Gas Company d/b/a National Grid NY 

Company Name: 

Brooklyn Union Gas Company d/b/a National Grid NY

Project Description:

The companies are seeking a post-closing approval to add an additional location to an existing Industrial Incentive project. The project includes the acquisition, installation, operation, and maintenance of utility equipment.

Addresses:

371 Greenpoint Avenue, Brooklyn, New York 11222 (Block 2527, Lot 2; Block 2525, Lot 1)

Type of Benefits:

Payments in lieu of City real property taxes

Cost of Benefits to City:

TBD

Projected City Tax Revenues:

TBD

Total Project Cost:Approximately $36,437,000
Projected Jobs:8 full-time equivalent jobs projected at project completion date.
Hourly Wage Average and Range:

$57.31/hour

Daroga Power, LLC

Company Name: 

Daroga Power, LLC; a Delaware company, its affiliates Brooklyn Solar One LLC and Queens Solar One LLC, and to-be-formed affiliated companies, a developer and financial of commercial shared solar installations.

Project Description:

The companies are seeking financial assistance in connection with the acquisition of solar photovoltaic panels and the renovation and leasing of rooftop space at 10 commercial and industrial buildings in the Bronx, Brooklyn, and Queens.

Addresses:

2016 Pitkin Avenue, 213 Georgia Street, 2015 Pitkin Avenue; Brooklyn, New York 11207; 675 Zerega Avenue, Bronx, New York 10473; 59-21 Queens Midtown Expressway, Maspeth, New York 11378; 30-30 Review Avenue, Long Island City, New York 11101; 66-25 Traffic Avenue, Ridgewood, New York 11385; 58-51 Maspeth Avenue, Flushing, New York 11378; 8973 Bay Parkway, Brooklyn, New York 11214; 17-10 Flushing Avenue, Flushing, New York 11385. 

Type of Benefits:

Payments in lieu of City real property taxes, deferral of City and State mortgage recording taxes, and exemption from City and State sales and use taxes.

Cost of Benefits to City:

TBD

Projected City Tax Revenues:

TBD

Total Project Cost:Approximately $21,239,240
Current and Projected Jobs:4.5 full-time equivalent jobs currently, 33 full-time equivalent jobs projected in the next three years. 
Hourly Wage Average and Range:

$45.00/hour, estimated range of $30.00/hour to $60.00/hour.

TriState Plumbing Services Corp.  

Company Name: 

TriState Plumbing Services Corp. a New York plumbing design, manufacturing and installation company and a to-be-formed affiliated real estate holding company. 

Project Description:

The Company seeks financial assistance in connection with the acquisition and renovation of two existing industrial buildings totaling approximately 27,000 square feet on parcels of land totaling approximately 25,000 square feet.

Addresses:

1421 and 1431-1439 Cromwell Avenue, Bronx, New York 10452

Type of Benefits:

Payments in lieu of City real property taxes, deferral of City and State mortgage recording taxes, and exemption from City and State sales and use taxes.

Cost of Benefits to City:

TBD

Projected City Tax Revenues:

TBD

Total Project Cost:Approximately $5,450,000
Current and Projected Jobs:109 full-time equivalent jobs currently, 10 full-time equivalent jobs projected in the next three years. 
Hourly Wage Average and Range:

$35.00/hour, estimated range of $14.71/hour to $84.00/hour.

Wonderful Sales LLC

Company Name: 

Wonderful Sales LLC, a direct-store distributor of healthy food products, and a to-be-formed affiliated real estate holding company.  

Project Description:

The Company seeks financial assistance in connection with the acquisition, renovation, furnishing and equipping of an existing 26,870 square foot building located on a 19,515 square foot parcel of land. The facility will be used for the distribution of healthy beverages, fruits, and snacks and leased to unrelated businesses engaged in food production and other industrial activities. 

Addresses:

1123 Worthen Street, Bronx, New York 10474

Type of Benefits:

Payments in lieu of City real property taxes and exemption from City and State sales and use taxes.

Cost of Benefits to City:

TBD

Projected City Tax Revenues:

TBD

Total Project Cost:Approximately $8,575,000
Current and Projected Jobs:22.5 full-time equivalent jobs currently, 35 full-time equivalent jobs projected in the next three years. 
Hourly Wage Average and Range:

$34.82/hour, estimated range of $17.42/hour to $119.94/hour.