Manhattan Beer nets nearly $24 million in tax breaks as part of $60 million investment deal
The city approved two multi-million dollar subsidy deals last week for delivery firms to expand in the South Bronx and only one was for Fresh Direct.
Manhattan Beer Distributors will receive tax breaks worth nearly $24 million from the Industrial Development Agency to buy and renovate four parcels of land in Hunts Point. The company expects to add at least 25 jobs at the site within three years of opening its new headquarters, in 2013.
via NY Daily News.
