From the Daily News:
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.
Overshadowed by a food fight over $83.5 million in tax breaks and grants for Fresh Direct at the Harlem River Rail Yards, the smaller package calls for Manhattan Beer to spend $60 million on land, renovations and equipment.
CEO Simon Bergson said the project will allow the firm to grow without leaving the Bronx, where it set up shop in 1979. Manhattan Beer is currently based on Walnut Ave. in Port Morris.
Manhattan Beer currently operates distribution sites in the Bronx, Queens, Brooklyn, Wyandanch on Long Island and Suffern in Rockland County. It plans to shift routes from Brooklyn to Queens and the Bronx.
Its new headquarters will boast 620 jobs after three years, with 528 relocated from Walnut Ave., 67 relocated from Brooklyn and 25 new, according to the New York City Economic Development Corp. EDC President Seth Pinsky heads the IDA.
Manhattan Beer will pay its new full-time workers $29,400 a year on average, plus benefits, according to IDA documents. The firm threatened to look for property outside the city when it requested public benefits.