News Room

New York City Housing Development Corporation hearing on proposed $92 million bond offering for Brooklyn Atlantic Yards


July 18, 2012: The New York City Housing Development Corporation held a public hearing on a proposed $92 million bond offering to finance residentail units at the Brooklyn Atlantic Yards project. Despite inadequate notice of the hearing to the public, it was attended by a handful of advocates and residents. More...

In the news: NYC Comptroller Audit Scrutinizes Industrial Development Agency Subsidies


This week City Comptroller John C. Liu released an audit of the New York City Industrial Development Agency. More...

Annual Investment Projects Report FY 2011 -- more comprehensive, digital


The New York City Industrial Development Agency has released its Annual Investment Projects Report detailing all the firms that are beneficiaries of subsidies from the IDA. More...

States Lack Policies to Enforce Economic Development Subsidy Programs: New York State receives a D+ grade


Advocates Respond to New York’s D+ Ranking in Accountable Economic Development


In the news: Ferry Point Golf Course


City plans a new golf course in the Bronx, Trump to operate but the tax-payers get the bill.


In the news: Extell International Gem Tower


January 5, 2012. Good Jobs New York testified against the proposed subsidies for Extell, GT for the troubled International Gem Tower based on transparency and accountability concerns. The project application made no mention of other expected or received benefits through New York State, including the immigrant financing program, EB-5. More...

2011 NYC IDA Year in Review


GJNY's Public Hearing Round-up 2011 

Since it's been an interesting year at the New York City Industrial Development Agency, we'd like to take this opportunity to provide a summary of projects that raised our interest and to document those firms that received approval for benefits. More...

GJNY Testifies on Fair Wages for New Yorkers Act


Bettina Damiani, project director of Good Jobs New York, presented testimony at the City Council Hearing on The Fair Wages for New Yorkers Act. Read the testimony.



Bloomberg Administration Releases Flawed Living Wage Study: Policy Groups Respond


Ignoring basic errors to which it was alerted months ago – and subsequent changes in the New York City Council’s living wage proposal – the Bloomberg Administration today released its flawed living wage study.  Policy experts from the National Employment Law Project, Fiscal Policy Institute and Good Jobs New York criticized the study – believed to be the most expensive taxpayer-funded wage study in U.S. history – as a lost opportunity and poor use of city resources. More...

Pearson Secures Subsidies to Move Jobs from New Jersey


London-based media company Pearson PLC is expected to receive at least $13.5 million -- and potentially as much as $50 million -- in incentives offered by New York City and State to relocate approximately 650 jobs to Hudson Square in Lower Manhattan. The creation of new jobs at the New York City location is not a requirement for the firm to receive the incentives. More...