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Annual Report on Relocation and Real Property Acquisition Form

Annual Report on Relocation and Real Property Acquisition Form

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Marvin tell us about it um maybe there were some recent deals that you did and you saved some clients some money and how you did that one recent deal we did was to relocate a company out of Manhattan to Long Island City there are certain areas within New York State whereby there are still a significant financial incentives for companies to locate there we had seen that after 9 11 downtown incentives those are starting to go away but Orange County for example has had a great incentive package trying to grow that area as the as the airport is starting to expand so this this client we were able to relocate to Long Island City to a 12 000 square foot facility and through all of the incentives whether it be tax credits or uh learning incentives retraining incentives we were able to save the client um half of their rent 50 of their rent obligation which was significant certainly absolutely so so they were very happy at the end of the day um it's a difficult process to go through and

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