NorthPoint Development · Balanoff Industrial Team · Internal Tool
Subject: 4101 Arthur Kill Road, Staten Island, NY · Drayage figures updated 6/7/2026 · Incentives per NYCEDC Business Incentives Guide, March 2026
RACE ($5,000/emp/yr · 10 yrs · 500-emp cap) and REAP ($3,000/emp/yr · 12 yrs) are refundable in years 1–5 and cannot be stacked on the same employees. Totals include the as-of-right M&E sales-tax exemption (8.875%, one-time), NYS ITC (5%), and Excelsior. The NYCIDA waiver overlaps with the as-of-right exemption and is applied once.
| Property | Miles | Tolls RT | Rent | Opex |
|---|
Tolls are round-trip, Class 5-axle E-ZPass off-peak. Added properties are pinned on the map automatically (edit name or city to re-locate) and can be removed with ×. The subject's incentive offset is set by the scenario applied in Step 1.
Origin: — · —. Bars show gross occupancy (rent + opex + drayage); the hatched green segment is the incentive offset deducted from the subject. Hover any segment for its exact $/SF value. Estimates only — confirm rents against live deal terms and consult NYCEDC, NYC Dept. of Finance, and qualified tax counsel before relying on incentive figures.