Subsidy Alert: June 2011
Baco Enterprises, Bogopa, Inc.(multiple), Salmar Properties, LLC, Mesorah Publications, Ltd, National Environmental Safety Company, Pain D'Avignon III, Ltd., Bower Inc., Kingdom Castle Food Corp
To learn how the Board of Directors voted on these projects, see the agency "board books" here.
Public notice for June 9, 2011 NYCIDA public hearing
This month, the New York City Industrial Development Agency will be reviewing project applications of supermarket operators covering approximately 230,000 square feet under the FRESH Program in the Bronx, Brooklyn and Queens. Through financial incentives and zoning, the FRESH Program is intended to encourage the development of neighborhood grocery stores in communities identified as food deserts.
To find out more about these and the other projects proposed this month please take a moment to look over the project summaries below. Complete project materials including cost/benefit analyses are available on the website of the New York City Industrial Development Agency. We encourage anyone with concerns or comments about these proposals to participate in the public hearing.
The public hearing will take place on Thursday, June 9, 2011 at 10:00 am at:
New York City Economic Development Corporation (NYCEDC), 110 William Street, 4th Floor
Bronx
Two Bronx firms are applying for subsidies through the Industrial Incentive Propgram:
• Baco Enterprises, Inc., a steel fabricator and distributor located at 700 Havemayer Avenue, Bronx , New York, NY 10473
• Bogopa-Concourse, Inc., a supermarket operator, located at 238 East 131st Street, Bronx, NY 10451
Brooklyn
The following Brooklyn firms are applying for subsidies through the Industrial Incentive Program:
• Bogopa, Inc., a supermarket operator, located at 1759 Ridgewood Place, Brooklyn, NY 11237.
• Bogopa-Junius, Inc., a supermarket operator, located at 417 Junius, Brooklyn, NY 11212
• Bogopa-Manhattan, Inc., a supermarket operator, located at 21 Manhattan Ave., Brooklyn, NY 11206
• Salmar Properties, LLC (or an affiliate), a real estate development company located between 2nd and 3rd Avenues, Brooklyn, NY 11232
• Mesorah Publications, Ltd, a book publisher and Sefercraft, Inc., a book-binder located at 4401 Second Ave., Brooklyn, 11232; 214-216 44th Street, Brooklyn, NY 11232, and 222 44th Street, Brooklyn NY 11232
Queens
Five firms are seeking subsides through the Industrial Incentive Program in Queens:
• Bogopa-Junction, Inc., a supermarket operator, located at 34-20 Junction Blvd, Jackson Heights, Queens, NY 11372
• Bogopa Store 99th, Inc., a supermarket operator, located at 57-08 99th Street, Corona, Queens 11368
• National Environmental Safety Company, Inc., a fabricator, installer and servicer of environmental products located at 88-57 76th Avenue, Queens, NY 11385
• Pain D'Avignon III, Ltd., a bread manufacturer and distributor, located at 35-20 9th Street, Queens, NY 11106S.
• Bower Inc., d/b/a Bower, a digital and photographic accessories distributor, and WTC Gift Corp., d/b/a Broadway Gifts, a manufacturer and distributor of suveniers, located at 46-24 28th Street a/k/a 27-15 47th Ave, Queens, NY 11101
Staten Island
• Kingdom Castle Food Corp., a supermarket, located at 300 Sand Lane, Staten Island, NY 10305 and 31 Lansing Street, Staten Island, NY 10305
Monthly Subsidy Alert
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Fresh Perspectives on Fresh Direct
GJNY takes a close look at the proposed subsidy package--worth nearly $130 million--for Fresh Direct to relocate to the South Bronx. In early 2012, Fresh Direct started a bidding war between New York City and New Jersey officials when it threatened to leave its current home in Long Island City, Queens. Learn more about the subsidies, job promises and the efforts of residents to block the on-line grocery retailer's move to their waterfront.
Keeping an eye on Hurricane Sandy recovery money
As government aid begins to flow into areas devastated by Hurricane Sandy, Good Jobs New York will provide analysis and recommendations regarding these resources that promote a transparent and equitable allocation of funds that go to individuals and businesses that need it most.
Database of Deals
Our database contains information on thousands of companies that received economic development subsidies in New York City.
Spotlight on Economic Development
Learn about major corporate giveaways to the financial industry, sports facilities and retail developments in New York City.

