by Tobias Salinger

An Italian company that makes high-end furniture, lighting, home accessories and jewelry would purchase and renovate a 50,000-square-foot vacant building in the Bronx with the help of city tax breaks under a plan officials with the New York City Industrial Development Agency will review next week.

SICIS North America, which already operates a Soho retail location at 470 Broome Street, would acquire a two-story property at 150 Bruckner Boulevard in the Port Morris neighborhood and add five full-time employees through tax exemptions and abatements worth $9.6 million, according to an application the company's real estate arm filed with the city.

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Source: http://commercialobserver.com/