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Posted: January 27, 2009
COMIDA approves financial assistance to Nixon Peabody
Monroe County executive Maggie Brooks said that the County of Monroe Industrial Development Agency (COMIDA) approved assistance for Nixon Peabody, LLP.
Nixon Peabody is a full-service, international law firm with 825 attorneys in 19 locations worldwide. Nixon Peabody has been a tenant in the 1100 Clinton Sq. Building since 1990 and will be signing a long-term lease extension to remain in the city. Nixon Peabody considered other locations outside Monroe County. Nixon Peabody currently leases the 4th and 9th - 14th floors and is proposing $7.4 million in renovations to update and improve space and accommodate Nixon Peabody's new "Global Operations Center" servicing all Nixon locations. The city is supportive of the project and has requested assistance through COMIDA. Nixon Peabody currently employs 373 FTE in Monroe County and expects to create 20 new FTE within three years. The applicant seeks approval of Special PILOT proposed by the city.
COMIDA is a not-for-profit, public benefit corporation and governmental agency. Its purpose is to actively promote, encourage, attract and develop job opportunities in the community.
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