IDA assistance will help spur $103m in private investment.(FINANCE)(Industrial Development Agency)
From: Real Estate Weekly
|
Date: 2/21/2007
New York City Industrial Development Agency (IDA) approved financing assistance for the office component of a mixed-use development in Downtown Brooklyn that will serve as the City's first major commercial project constructed in the area since its 2004 rezoning.
The $60.4 million office component of the project is expected to create more than 470 construction jobs over three years and provide office space for about 500 permanent jobs. IDA Board also approved financing assistance ...
COPYRIGHT 2007 Hagedorn Publication
This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
For permission to reuse this article, contact Copyright Clearance Center.