The Real Deal New York

Yonkers manufacturer moves to Rye Brook, gets preliminary tax exemption

February 27, 2019 03:47PM

POP Displays USA is relocating to Rye Brook, according to the Westchester County Business Journal. The Yonkers-based display manufacturer plans to move out of its current facility at 555 Tuckahoe Road and into a new, 25,000-square-foot headquarters at 1 International Drive, which was part of SL Green Realty’s Reckson Executive Park until a joint venture led by George Comfort & Sons paid $55 million for the six-building property last summer. Pop Displays recently secured preliminary approval from the Westchester Industrial Development Agency for a $275,000 sales tax exemption for renovations and furnishings at its new space. In an application, the private equity-owned company said its move to Rye Brook was a result of the “high occupancy cost associated with its current location, as well as other factors.” The move is expected to happen by July, according to the outlet. [WBJ]