The Westchester County Industrial Development Agency (IDA) Votes Final Approval of Financial Incentives for Acquisition of Natural Food Distribution Center in Mount Vernonites, NY

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MOUNT VERNON, NY and WHITE PLAINS, NY — May 12, 2021 — The Westchester County Industrial Development Agency (IDA) voted final approval on May 6 . 2021 of financial incentives for the acquisition of a wholesale natural food distribution center in Mount Vernon. The acquisition will retain 47 jobs and create 12 new jobs.

“Companies such as Ace Natural, which has been doing business in our County for some 20 years, are the backbone of our economy, creating jobs and generating revenue. We are delighted to provide IDA benefits so they can complete this acquisition and continue to grow and prosper,” said Westchester County Executive George Latimer.

The facility, which is occupied by Ace Natural, Inc., is located at 249-257 East Sanford Boulevard. The property consists of 50,000 square feet of warehouse space and 5,000 square feet of office space on a 2.42-acre lot.

Applicant Vierling Family LLC, which is the majority shareholder of Ace Natural, has an option to acquire the property from the existing owner for $7.2 million.  Vierling Family is requesting a mortgage recording tax exemption of $63,500.

For more than 20 years. Ace Natural has been delivering a large selection of organic and natural foods directly to restaurants, caterers, food retailers and distributors in the New York Metro. The company is considered one of the pioneers in New York’s organic food movement.

“The IDA is very pleased to provide final approval of incentives for this acquisition which will retain and create 59 jobs but is also projected to generate over $319,000 in County sales tax revenue over the next ten years. A project such this aligns with the IDA’s mission of assisting businesses so they can expand and thrive,” said Westchester County IDA Chairperson Joan McDonald.

 

TribuneThe Westchester County Industrial Development Agency (IDA) Votes Final Approval of Financial Incentives for Acquisition of Natural Food Distribution Center in Mount Vernonites, NY

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