Disclosure breakthroughs: the New York City Industrial Development Agency takes steps towards transparency
The NYC Industrial Development Agency now posts public hearing notices online! Visit the EDC website and follow the "IDA public hearing" link to see projects to be presented at the next public hearing (Monday, July 7th at 10:00 am, 110 William St, 6th Floor) or click here to view the notice on the GJNY site.
In January 2003, the NYC IDA announced it would make documents on companies up for a city subsidy available one week before public hearings! Click links below for news coverage:
Newsday - New Questions Over Use of Bonds to Rebuild 7 WTC
New York Post - Developer Seeks City Bond Cash For 7 WTC
Daily News - Why Bonds For Builder? Who Knows?
Bloomberg Wire - Silverstein Wins $400 Mln in Liberty Bond Financing
GlobeSt.com - IDA Approves $450M in Liberty Bonds for 7 WTC; Improves Hearing Process