Remove Equity Remove Income Remove Infrastructure Remove New York City
article thumbnail

Millionaire Sitt Invests $1 Million To Improve NYC Airport Infrastructure; Launches Global Gateway Alliance

Buisness Facilities Contributed Content

Sitt, CEO of Thor Equities is taking it upon himself to improve the infrastructure of New York City’s airports. ” Sitt continues, Our airports are often the first and last impressions visitors have of our City and country, and every bad first impression has a direct impact on economic activity.

article thumbnail

New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Borrowers must have at least a 10% equity interest in the project or business. Eligible applicants include New York State manufacturers that employ fewer than 500 workers. 10% Borrower Equity. a food market site with a customer base of 50% or more living in a low-income census tract. 40% JDA Loan.