Who's applying for a subsidy this month? Learn about NYC's biggest subsidy deals Stadium Subsidies Research and Analysis What is a Community Benefits Agreement? Who controls NYC's development funds? What they are saying about corporate giveaways
Good Jobs New York
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GJNY Database of New York City's Biggest Retention Deals: Click to view subsidy deal profiles . . .
What's Included? Good Jobs New York has compiled this database of New York City's Biggest Retention Deals, beginning with the $97 million package given to NBC in 1987, which began the scramble by major media corporations for a piece of the subsidy pie, soon to be followed by major financial firms. With minor exceptions, the database includes packages of grants, tax breaks and/or discounted energy awarded to corporations for the purpose of retaining and sometimes creating jobs in New York City. Information in the database comes primarily from published news accounts and press releases and documents obtained from city and state agencies through Freedom of Information Law requests. Question marks in the database indicate information that we have not yet uncovered. Good Jobs New York is in the process of investigating the conditions the companies agreed to fulfill in order to receive the subsidies, and the penalties, if any, for failure to meet those conditions. We will post additional details as they become available. If the agencies fail to release information, we will note their failures as well.
Note: For ease of reading, GJNY has not usually included citations in this database, except for direct quotations. Citations are available by contacting GJNY at 212-721-4865 or gjny@ctj.org. Note: Since 2004 there have been no new discretionary subsidy deals of the type commonly done during the Giuliani Administration. To learn about other New York City subsidies since 2004 see our research on rebuilding Lower Manhattan after the attacks of September 11, 2001 at http://www.goodjobsny.org/rec_news.htm or subsidies for baseball stadiums at http://www.goodjobsny.org/inside_baseball_preview.htm. For more information contact Good Jobs New York. |
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Updated November 5, 2007 |
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