The YIDC Advantage





		New York State Yonkers Economic Development Zone (EDZ) The two principal properties operated by YIDC, Nepperhan Business Center and Nepperhan Plaza, are within the boundaries of the New York State Yonkers Economic Development Zone (EDZ), a status which YIDC helped bring about for this area. Those establishing tenancy in these two buildings, therefore, qualify to make application to the Economic Development Zone Program offering wage tax credits, job training reimbursement, property tax abatements, sales tax exemptions, special loan programs, special utility rates and many other benefits to new and expanding businesses. Further, YIDC takes tenants "by the hand" and walks them through the maze of bureaucracy required for the application and approval, and assists with the entire process. The YIDC "Bonus" YIDC, proactive in its efforts to help tenants succeed at their chosen endeavors, offers a unique list of benefits not to be found elsewhere in the region's real estate world, including:

Assistance with the securing of loans through financial institutions, and financial consultation and guidance

Assistance with the securing of permits and compliance with governmental regulations

Business networking of YIDC tenants

Incubator programs young businesses, with units of office space as small as 200 square feet and up, extremely nominal rents including heat, air conditioning and utilities at no additional charge (ideal for new ventures and expanding "home" businesses)

Special programs for minority- and women-owned businesses

Special affordable working artists studios in Yo-Ho, the Artist Community at Nepperhan Business Center

Owner/Developer/Management on premises maximized service and problem resolution

New York State Yonkers Economic Development Zone (EDZ)