News Room

HUD approves NYC Action Plan for $1.77 billion CDBG funds

05/13/2013

Federal approval was needed before New York City could begin distributing the first round of federal disaster recovery dollars, funded through HUD's Community Development Block Grant program. For background on New York City's action plan, see GJNY's section on action plans: http://goodjobsny.org/action-plans-hurricane-sandy-recovery-funds

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Six Months After Sandy, New Yorkers Rally for a Just Rebuilding

04/30/2013

On the six-month anniversary of Hurricane Sandy, New Yorkers from across the city gathered at City Hall to rally for a fairer and more equitable rebuilding. Read the complete press release.

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The New York World and GJNY uncover beneficiaries of the city’s wasteful property tax break program; GJNY expands Database of Deals to over 33,000 deals.

04/15/2013

The New York World helped expose the long-lasting effects of the Industrial and Commercial Incentive Program, ICIP, outing its top beneficiaries in a story describing a defunct program that still costs New Yorkers $650 million this year. More...

NYC Officials Release Hurricane Sandy Action Plan and Launch Recovery Website

03/22/2013

New York City released its plan for the first round of Community Development Block Grants for Hurricane Sandy recovery, triggering a 14-day public comment period. For links to the action plan and more information on submitting public comment, see our section on action plans: http://goodjobsny.org/action-plans-hurricane-sandy-recovery-funds More...

Economic Development February News

02/13/2013

On February 12, New York City Comptroller John Liu announced his office's most recent audit of the lease agreement between the City and the Marriott Marquis Hotel that drastically reduced rents for the Times Square hotel and permits the Marriott Marquis to purchase the land at a deep discount when the lease expires in 2017. The Comptroller urges the Economic Development Corporation to renegotiate the terms of the lease, or the deal will cost taxpayers nearly $345 million.

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Economic Development January News

02/01/2013

In January, the New York City Comptroller launced Checkbook NYC 2.0; the New York City Industrial Development Agency released its Annual Investment Projects Report for fiscal year 2012; and Good Jobs First published a new report.

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GJNY and FUREE co-host screening of "My Brooklyn" with panel discussion

01/02/2013

My Brooklyn movie poster GJNY is proud to co-host with Families United for Racial and Economic Equality (FUREE), a special screening of the award-winning documentary film "My Brooklyn" by Kelly Anderson and Allison Lirish Dean, which examines the City's displacement of small businesses at Downtown Brooklyn's Fulton Mall to make way for the upscale development now known as City Point.

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Economic Development Corporation news in December

12/11/2012

This week, the New York City Comptroller announced new transparency measures will go into effect at the New York City Economic Development Corporation. Also, the City Council will hold a hearing on EDC's restructuring as a result of a settlement with the State Attorney General's office. Media advisory [pdf] More...

The New York Times Series Tackles Subsidy Programs

12/04/2012

This week, The New York Times released a three-part series on the failure of corporate subsidies on job creation and retention in the U.S. The series includes an interacive feature and a searchable database that accredits Good Jobs First's Subsidy Tracker. Bettina Damiani of Good Jobs New York is featured in the TimesCast, a webcast that accompanies the series. More...

Keeping an Eye on Hurricane Sandy Recovery Money

11/13/2012

As government aid begins to flow into areas devastated by Hurricane Sandy, Good Jobs New York and our parent organization Good Jobs First will provide analysis and recommendations regarding these resources that promote a transparent and equitable allocation of funds that go to individuals and businesses that need it most.

Read our latest Hurricane Sandy Weekly News Round-Up

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Monthly Subsidy Alert

Want to know who applied for a subsidy? Sign up for our "Subsidy Alert"

Fresh Perspectives on Fresh Direct

GJNY takes a close look at the proposed subsidy package--worth nearly $130 million--for Fresh Direct to relocate to the South Bronx. In early 2012, Fresh Direct started a bidding war between New York City and New Jersey officials when it threatened to leave its current home in Long Island City, Queens. Learn more about the subsidies, job promises and the efforts of residents to block the on-line grocery retailer's move to their waterfront.

Keeping an eye on Hurricane Sandy recovery money

As government aid begins to flow into areas devastated by Hurricane Sandy, Good Jobs New York will provide analysis and recommendations regarding these resources that promote a transparent and equitable allocation of funds that go to individuals and businesses that need it most.

Database of Deals

Our database contains information on thousands of companies that received economic development subsidies in New York City.

Spotlight on Economic Development

Learn about major corporate giveaways to the financial industry, sports facilities and retail developments in New York City.

Good Jobs FIrst

Our parent organization is the nation's leading resource for grass roots groups and public officials seeking to make economic development subsidies more accountable and effective.