At its Thursday morning meeting, the YIDA’s board will consider an application from the Shree Balajee Corp. of Scarsdale seeking $48,575 in sales tax exemptions for the building at 92 Waverly St.
The TKCC Holding Corp., the Polish Center’s owner, had previously considered selling the building to the Church of Jesus Christ of Latter-day Saints. Shree Balajee Corp.’s YIDA application states that it will purchase the building and land from TKCC Holding Corp. and continue using it as a catering hall and restaurant.
The proposal, called Castle Royale, involves replacing walls and floors, updating electrical and plumbing and replacing kitchen appliances.
The applicants estimate that their new catering hall will create 50 full-time equivalent jobs.
“We are very excited to start on this new project,” wrote Jagdish Mitter in his Jan. 17 application to the YIDA.
The YIDA board will also consider a request from Saw Mill NY, Inc. of Forest Hills, N.Y., for a $899,500 renovation of 52 Main St., an abandoned building in the heart of downtown Yonkers’ shopping district.
Saw Mill NY wants $21,026.50 in mortgage and sales tax exemptions for the construction of six rental apartments; the ground-floor commercial space will be a retail use.