LONG ISLAND CITY, NY-Bread manufacturer Pain D'Avignon is buying an industrial building measuring 10,000 square feet at 35-20 9th Street in Long Island City, Queens. The Industrial Development Agency of the city agreed to offer tax benefits of over $1 million to the company for continuing its operations in the state.
The owners of Pain D'Avignon, Uliks Fehmiu, Teofil Zurovac and Bane Stamenkovic are funding $3 million for the acquisition of the building. For the full story, go to Crain's New York Business .
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