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Re: $37.2 million tax break lures Manhattan clothing retailer to Jersey City waterfront
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Quote:

fat-ass-bike wrote:
I wonder if Juicewell could have got a tax break to help survive?

They would only seemingly need to up and relocate to another location. They could have asked Panasonic, Prudential and Goya how it's done.

Posted on: 2014/12/5 1:02
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Re: $37.2 million tax break lures Manhattan clothing retailer to Jersey City waterfront
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I wonder if Juicewell could have got a tax break to help survive?

Posted on: 2014/12/4 23:29
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Re: $37.2 million tax break lures Manhattan clothing retailer to Jersey City waterfront
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i believe it is 17 years as quoted in the report.so, about 2.2 million a year. Is that considered a lot?

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jcguy05 wrote:
missing key piece of info, 37mil break over how many years?

Posted on: 2014/12/4 21:45
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Re: $37.2 million tax break lures Manhattan clothing retailer to Jersey City waterfront
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Our governor has been raiding programs that benefit residents to balance the budget, while at the same time offer tremendous tax breaks to the wealthy one percent. There will be little jobs offered to NJ residents, just transfer of jobs.

Posted on: 2014/12/4 21:13
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Re: $37.2 million tax break lures Manhattan clothing retailer to Jersey City waterfront
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missing key piece of info, 37mil break over how many years?

Posted on: 2014/12/4 20:58
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Re: $37.2 million tax break lures Manhattan clothing retailer to Jersey City waterfront
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nyc leaders must be roflao....$37 million for a 500-employee company

Posted on: 2014/12/4 1:33
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$37.2 million tax break lures Manhattan clothing retailer to Jersey City waterfront
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Matthew Speiser | The Jersey Journal

New Jersey has stolen away another large business from its neighbors across the river, thanks to a $37.2 million tax break.

After 106 years in Manhattan, apparel retailer Charles Komar & Sons will be taking its 500 employees and setting up shop at 90 Hudson St. on the Jersey City waterfront, taking over the space recently vacated by insurance corporation AIG.

"We are excited to move to Jersey City," said Charlie Komar, co-owner of Komar & Sons. "We are moving into a terrific building in a great location. We plan to create an exceptional, inspiring and creative work place for our employees."

Komar & Sons plan to move in to 90 Hudson Street by late summer 2015. Forbes is moving to Downtown Jersey City and wholesale meat purveyor DeBragga & Spitler moved to Amity Street from Manhattan's meatpacking district in 2011.

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Posted on: 2014/12/3 23:35
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