New York State Subsidy Tracker - New York County

ProPublica

New York State Subsidy Tracker

Tracking the State’s Growing Portfolio of Business Subsidies

New York County

Businesses received $656.6M in subsidies.

Businesses in New York County received at least $656.6M in subsidies between 2011 and 2014 from state and local governments.

Note: For cases in which the time period is marked “total,” the subsidy value is the total lifetime amount the company will receive for the project. For all other subsidies, the amount listed is the total for that year.

For subsidies that require annual reports, companies promise to create a total number of jobs over the course of the subsidy, which may last many years. Each year, companies report how many jobs they've created cumulatively as of that year. Therefore, not all jobs figures can be combined.

All Subsidies

Year Time Period Type Company Program Jobs Promised Initially Jobs Reported To Date Value
2011 Annual Tax Credit RIVER PLACE II HOLDINGS II LLC Brownfield Cleanup Program $86.5M
2011 Total Grant LINCOLN CENTER DEVELOPMENT PROJECT INC Local Development Corporations $63.0M
2011 Total Tax Credit MORGAN STANLEY & CO Excelsior Jobs Program 1764 673 $52.0M
2014 Total Grant COMMUNITY DEVELOPMENT PROPERTIES BROOKLYN INC Local Development Corporations $39.6M
2014 Total Grant SEAVIEW SENIOR LIVING CORPORATION Local Development Corporations $20.0M
2013 Total Grant WHITNEY MUSEUM OF AMERICAN ART Local Development Corporations $19.2M
2014 Annual Tax Exemption NBC Industrial Development Agencies 0 3222 $16.7M
2013 Total Grant BATTERY PARK CITY AUTHORITY Local Development Corporations $15.6M
2013 Annual Tax Exemption NBC Industrial Development Agencies 0 2906 $15.0M
2013 Total Tax Credit TIME WARNER INC Excelsior Jobs Program 0 0 $14.0M
2012 Annual Tax Credit CONSOLIDATED EDISON INC Brownfield Cleanup Program $12.9M
2011 Annual Tax Exemption NBC Industrial Development Agencies 0 1577 $12.1M
2012 Annual Tax Exemption NBC Industrial Development Agencies 0 874 $11.0M
2011 Total Grant SIMS MUNICIPAL RECYCLING OF NEW YORK LLC Local Development Corporations $9.5M
2014 Total Grant THE EDUCATIONAL ALLIANCE INC Local Development Corporations $9.3M
2014 Annual Tax Credit DURST PYRAMID LLC Brownfield Cleanup Program $9.1M
2011 Total Grant ST LUKE'S CHAMBER ENSEMBLE INC Local Development Corporations $7.2M
2014 Annual Tax Exemption ERY TENANT LLC Industrial Development Agencies 8400 0 $7.0M
2012 Total Tax Credit ROCHE TCRC INC Excelsior Jobs Program 235 191 $6.6M
2011 Total Grant LINCOLN CENTER DEVELOPMENT PROJECT INC Local Development Corporations $6.0M
2013 Total Tax Credit L'OREAL USA INC Excelsior Jobs Program 145 0 $5.5M
2013 Total Grant LINCOLN CENTER DEVELOPMENT PROJECT INC Local Development Corporations $5.4M
2011 Annual Tax Credit RIVER PLACE II HOLDINGS II LLC Brownfield Cleanup Program $5.3M
2012 Total Grant BATTERY PARK CITY AUTHORITY Local Development Corporations $5.2M
2012 Annual Tax Exemption CBS CORPORATION Industrial Development Agencies 0 739 $5.1M
2011 Annual Tax Credit TIAGO HOLDINGS LLC Brownfield Cleanup Program $5.1M
2014 Total Grant QDG URA CORPORATION Local Development Corporations $5.0M
2014 Total Tax Credit AMAZON.COM INC Excelsior Jobs Program 500 0 $5.0M
2014 Total Tax Credit SQUARE INC Excelsior Jobs Program 382 0 $5.0M
2011 Total Grant TAYSTEE CREATE LLC Regional Economic Development Councils 0 $5.0M
2014 Total Grant URBAN JUSTICE CENTER Local Development Corporations $4.9M
2014 Total Grant YOUNG MEN'S CHRISTIAN ASSOCIATION Local Development Corporations $4.2M
2014 Total Tax Credit BUZZFEED INC Excelsior Jobs Program 475 0 $4.0M
2011 Total Grant APOLLO THEATER FOUNDATION INC Local Development Corporations $4.0M
2011 Annual Tax Exemption AMERICAN INTERNATIONAL GROUP Industrial Development Agencies 1858 806 $3.8M
2011 Annual Tax Exemption HEARST CORPORATION Industrial Development Agencies 1844 -199 $3.7M
2011 Total Grant NEW YORK STATE URBAN DEVELOPMENT CORPORATION Local Development Corporations $3.5M
2012 Annual Tax Exemption NATIONAL ASSOCIATION OF SECURITIES DEALERS INC Industrial Development Agencies 37 571 $3.3M
2011 Total Grant LINCOLN CENTER DEVELOPMENT PROJECT INC Local Development Corporations $3.2M
2014 Total Grant SIMS MUNICIPAL RECYCLING OF NEW YORK LLC Local Development Corporations $3.1M
2013 Total Grant THE TRUST FOR GOVERNORS ISLAND Local Development Corporations $3.0M
2014 Total Tax Credit TIME INC Excelsior Jobs Program 0 0 $3.0M
2014 Annual Tax Exemption PAINE WEBBER Industrial Development Agencies 474 1803 $2.8M
2014 Total Grant LINCOLN CENTER DEVELOPMENT PROJECT INC Local Development Corporations $2.8M
2012 Total Tax Credit MEDIDATA SOLUTIONS INC Excelsior Jobs Program 250 65 $2.8M
2011 Total Grant BATTERY PARK CITY AUTHORITY Local Development Corporations $2.7M
2013 Total Tax Credit MCGRAWHILL GLOBAL EDUCATION LLC Excelsior Jobs Program 50 0 $2.6M
2012 Total Grant BASKETBALL CITY Local Development Corporations $2.6M
2014 Total Grant NATIONAL URBAN LEAGUE Regional Economic Development Councils 274 $2.5M
2011 Total Grant LIC SITE B2 OWNER LLC Local Development Corporations $2.5M
2014 Total Grant THE MUSEUM OF MODERN ART Local Development Corporations $2.4M
Total Tax Credit JAND INC DBA WARBY PARKER Excelsior Jobs Program 145 0 $2.2M
2012 Annual Tax Credit TIAGO HOLDINGS LLC Brownfield Cleanup Program $2.2M
2012 Total Grant SERVICES AND ADVOCACY FOR GAY LESBIAN BISEXUAL AND TRANSGENDER ELDERS INC Local Development Corporations $2.1M
2014 Total Tax Credit DOOLLI INC Excelsior Jobs Program 225 0 $2.1M
2013 Total Tax Credit ADP TECHNOLOGY SERVICES INC Excelsior Jobs Program 110 168 $2.0M
2014 Total Grant LESBIAN AND GAY COMMUNITY SERVICES CENTER INC Local Development Corporations $1.9M
2014 Total Grant HUDSON SQUARE DISTRICT MANAGEMENT ASSOCIATION INC Local Development Corporations $1.9M
2011 Annual Tax Exemption NATIONAL ASSOCIATION OF SECURITIES DEALERS INC Industrial Development Agencies 37 78 $1.9M
2012 Total Grant SOUTH STREET SEAPORT MUSEUM Local Development Corporations $1.7M
2013 Annual Tax Exemption NATIONAL ASSOCIATION OF SECURITIES DEALERS INC Industrial Development Agencies 37 585 $1.7M
2011 Total Tax Credit FACTSET RESEARCH SYSTEMS INC Excelsior Jobs Program 119 59 $1.6M
2013 Annual Tax Exemption PAINE WEBBER Industrial Development Agencies 474 1822 $1.6M
2014 Total Power Discount JPMORGAN CHASE New York Power Authority 15492 $1.6M
2012 Total Grant NEW YORK GENOME CENTER Regional Economic Development Councils 500 $1.5M
2014 Total Grant 233 WEST 125TH STREET DANFORTH LLC Regional Economic Development Councils $1.5M
2011 Total Grant LOWER EAST SIDE TENEMENT MUSEUM Local Development Corporations $1.5M
2011 Total Grant INTREPID MUSEUM FOUNDATION Local Development Corporations $1.4M
2014 Annual Tax Exemption FEDEX Industrial Development Agencies 196 -6 $1.4M
2011 Annual Tax Exemption AVON PRODUCTS INC Industrial Development Agencies 165 38 $1.4M
2013 Annual Tax Exemption FEDEX Industrial Development Agencies 196 3 $1.4M
2013 Annual Tax Exemption TIME WARNER INC Industrial Development Agencies 359 301 $1.4M
2012 Annual Tax Exemption FEDEX Industrial Development Agencies 196 150 $1.3M
2011 Annual Tax Exemption CBS CORPORATION Industrial Development Agencies 0 723 $1.3M
2014 Total Grant BATTERY PARK CITY AUTHORITY Local Development Corporations $1.3M
2011 Annual Tax Exemption FEDEX Industrial Development Agencies 196 210 $1.3M
2014 Annual Tax Exemption CBS CORPORATION Industrial Development Agencies 0 772 $1.3M
2012 Total Grant RANDALL'S ISLAND SPORTS FOUNDATION INC Local Development Corporations $1.2M
2012 Annual Tax Exemption METROPOLITAN LIFE INSURANCE COMPANY Industrial Development Agencies 100 12 $1.2M
2014 Total Grant YOUNG MEN'S CHRISTIAN ASSOCIATION Local Development Corporations $1.2M
2012 Total Grant FUND FOR THE CITY OF NEW YORK Local Development Corporations $1.2M
2014 Total Power Discount CBS BROADCASTING INC New York Power Authority 3400 $1.1M
2014 Annual Tax Credit TIAGO HOLDINGS LLC Brownfield Cleanup Program $1.1M
2011 Annual Tax Credit LHL HOLDINGS LP Brownfield Cleanup Program $1.1M
2014 Annual Tax Exemption NASDAQ STOCK MARKET Industrial Development Agencies 34 201 $1.1M
2014 Total Tax Credit COMPREHENSIVE HEALTH MANAGEMENT INC Excelsior Jobs Program 200 0 $1.0M
2013 Annual Tax Exemption CBS CORPORATION Industrial Development Agencies 0 964 $983.4K
2011 Total Tax Credit OLIN CORPORATION Excelsior Jobs Program 11 60 $971.7K
2012 Annual Tax Exemption NASDAQ STOCK MARKET Industrial Development Agencies 34 207 $958.1K
2014 Annual Tax Exemption TIME WARNER INC Industrial Development Agencies 359 244 $953.0K
2012 Total Grant THE COOPER UNION Local Development Corporations $948.2K
2014 Annual Tax Exemption NATIONAL ASSOCIATION OF SECURITIES DEALERS INC Industrial Development Agencies 37 589 $924.8K
2013 Total Grant CHILDREN'S MUSEUM OF THE ARTS Local Development Corporations $920.3K
2014 Total Grant HUDSON RIVER PARK TRUST Local Development Corporations $899.3K
2012 Annual Tax Exemption TIME WARNER INC Industrial Development Agencies 359 318 $890.0K
2014 Total Power Discount CITIGROUP INC New York Power Authority 3172 $850.8K
2014 Total Tax Credit INTRACELLULAR THERAPIES INC Excelsior Jobs Program 12 0 $840.0K
2013 Annual Tax Exemption NASDAQ STOCK MARKET Industrial Development Agencies 34 185 $770.4K
2014 Total Grant METROPOLITAN OPERA ASSOCIATION INC Local Development Corporations $753.8K
2014 Total Tax Credit MEETUP INC Excelsior Jobs Program 92 0 $750.0K
2012 Total Tax Credit DOUBLEVERIFY INC Excelsior Jobs Program 64 0 $750.0K
2013 Total Tax Credit SHOPKEEPCOM INC Excelsior Jobs Program 365 0 $750.0K
2014 Total Tax Credit WORLD BUSINESS LENDERS LLC Excelsior Jobs Program 475 0 $750.0K
2014 Total Tax Credit POND5 INC Excelsior Jobs Program 75 0 $750.0K
2011 Total Grant MANHATTAN COMMUNITY ACCESS CORPORATION Local Development Corporations $745.9K
2014 Total Power Discount NYU LANGONE MEDICAL CENTER New York Power Authority 13185 $743.0K
2014 Total Power Discount COLUMBIA UNIVERSITY New York Power Authority 9000 $743.0K
2014 Total Power Discount MEMORIAL SLOAN KETTERING CANCER CENTER New York Power Authority 11395 $743.0K
2014 Total Power Discount NEW YORK UNIVERSITY New York Power Authority 9700 $743.0K
2014 Total Power Discount THE NEW YORK AND PRESBYTERIAN HOSPITAL New York Power Authority 209 $743.0K
2012 Total Grant CITY CENTER OF MUSIC & DRAMA INC Local Development Corporations $731.3K
2013 Total Tax Credit THE GAP INC Excelsior Jobs Program 125 0 $720.0K
2013 Total Tax Credit SAP AMERICA INC Excelsior Jobs Program 345 0 $712.0K
2012 Total Grant ST LUKE'S CHAMBER ENSEMBLE INC Local Development Corporations $706.4K
2014 Total Tax Credit ORCHARD ENTERPRISES NY INC Excelsior Jobs Program 94 0 $700.0K
2014 Total Power Discount NBCUNIVERSAL MEDIA LLC New York Power Authority 4000 $694.8K
2011 Annual Tax Exemption NASDAQ STOCK MARKET Industrial Development Agencies 34 186 $679.7K
2011 Total Grant FUND FOR THE CITY OF NEW YORK Local Development Corporations $670.0K
2012 Annual Tax Exemption CREDIT SUISSE FIRST BOSTON CORP Industrial Development Agencies 6019 1115 $669.6K
2012 Total Grant WEST SIDE CENTER FOR COMMUNITY LIFE INC Local Development Corporations $633.8K
2014 Total Tax Credit SPREEMO Excelsior Jobs Program 98 0 $600.0K
2012 Total Grant INTREPID MUSEUM FOUNDATION Local Development Corporations $581.7K
2014 Total Grant NAN SHAN LOCAL DEVELOPMENT CORP Local Development Corporations $567.3K
2013 Annual Tax Exemption CREDIT SUISSE FIRST BOSTON CORP Industrial Development Agencies 6019 427 $536.7K
2014 Annual Tax Credit TIAGO HOLDINGS LLC Brownfield Cleanup Program $529.0K
2013 Total Tax Credit URBAN ELECTRIC POWER Excelsior Jobs Program 64 0 $522.0K
2012 Total Grant LOWER EAST SIDE TENEMENT MUSEUM Local Development Corporations $508.4K
2012 Total Tax Credit RYZAC INC DBA CODECADEMY Excelsior Jobs Program 82 0 $500.0K
2012 Total Grant CITY OF NEW YORK Regional Economic Development Councils 0 $500.0K
2011 Total Grant THE SMITHSONIAN INSTITUTION Local Development Corporations $500.0K
2014 Total Tax Credit MOBO SYSTEMS INC Excelsior Jobs Program 68 0 $500.0K
2012 Total Grant ALIANZA DOMINICANA Local Development Corporations $487.1K
2014 Total Grant YOUNG MEN'S & YOUNG WOMEN'S HEBREW ASSOCIATION (92ND STREET YM-YWHA) Local Development Corporations $481.8K
2014 Total Power Discount MORGAN STANLEY & CO New York Power Authority 3160 $480.8K
2012 Total Grant THE SMITHSONIAN INSTITUTION Local Development Corporations $474.9K
2011 Total Grant WORKFORCE DEVELOPMENT CORP Local Development Corporations $434.6K
2014 Total Power Discount CITIGROUP INC New York Power Authority 5792 $433.9K
2014 Total Grant APOLLO THEATER FOUNDATION INC Local Development Corporations $422.0K
2013 Total Grant NYC BUSINESS ASSISTANCE CORPORATION Local Development Corporations $420.0K
2012 Annual Tax Exemption 525 WEST 52ND STREET LLC Industrial Development Agencies 85 -395 $417.9K
2013 Total Tax Credit RALPH RUCCI LLC Excelsior Jobs Program 18 0 $411.9K
2012 Total Grant APOLLO THEATER FOUNDATION INC Local Development Corporations $409.9K
2014 Total Grant CFDA FOUNDATION INC Local Development Corporations $375.6K
2013 Annual Tax Exemption 525 WEST 52ND STREET LLC Industrial Development Agencies 85 -395 $366.0K
2011 Annual Tax Exemption 525 WEST 52ND STREET LLC Industrial Development Agencies 85 -395 $360.4K
2012 Total Grant HOME FOR CONTEMPORARY THEATER & ART Local Development Corporations $352.8K
2011 Total Grant HISPANIC FEDERATION INC Local Development Corporations $350.0K
2012 Annual Tax Credit RIVER PLACE II HOLDINGS II LLC Brownfield Cleanup Program $348.5K
2011 Total Grant ALIANZA DOMINICANA Local Development Corporations $347.7K
2013 Annual Tax Exemption FEDERATED DEPARTMENT STORES INC Industrial Development Agencies 237 612 $345.0K
2011 Total Grant METROPOLITAN OPERA ASSOCIATION INC Local Development Corporations $341.2K
2014 Annual Tax Credit RIVER PLACE II HOLDINGS II LLC Brownfield Cleanup Program $330.4K
2013 Total Grant LOWER EAST SIDE TENEMENT MUSEUM Local Development Corporations $325.7K
2013 Total Grant NYC & COMPANY INC Local Development Corporations $320.0K
2011 Annual Tax Exemption FEDEX Industrial Development Agencies 2 8 $310.8K
2014 Total Grant FOOD BANK FOR NEW YORK CITY Local Development Corporations $308.7K
2014 Total Power Discount MOUNT SINAI HOSPITAL New York Power Authority 14295 $304.6K
2013 Total Grant NEIGHBORHOOD TRUST FINANCIAL PARTNERS DBA CREDIT WHERE CREDIT IS DUE INC Local Development Corporations $300.0K
2014 Total Power Discount JPMORGAN CHASE New York Power Authority 2692 $289.8K
2012 Total Grant NYC & COMPANY INC Local Development Corporations $272.7K
2011 Total Grant LESBIAN AND GAY COMMUNITY SERVICES CENTER INC Local Development Corporations $262.9K
2011 Total Grant FOOD BANK FOR NEW YORK CITY Local Development Corporations $256.2K
2011 Total Grant THE COOPER UNION Local Development Corporations $255.2K
2014 Total Power Discount NYSE EURONEXT INC New York Power Authority 400 $250.5K
2011 Total Grant CONEY ISLAND DEVELOPMENT CORPORATION Local Development Corporations $250.0K
2012 Total Grant LESBIAN AND GAY COMMUNITY SERVICES CENTER INC Local Development Corporations $249.2K
2013 Total Grant NEW YORK ACADEMY OF SCIENCES Local Development Corporations $248.3K
2014 Total Power Discount NOMURA HOLDING AMERICA INC New York Power Authority 1825 $248.1K
2014 Annual Tax Exemption FEDEX Industrial Development Agencies 2 19 $240.5K
2011 Total Grant NYC & COMPANY INC Local Development Corporations $240.0K
2011 Total Grant NYC & COMPANY INC Local Development Corporations $240.0K
2011 Total Grant NEW YORK RESTORATION PROJECT Local Development Corporations $235.6K
2012 Annual Tax Exemption HEARST CORPORATION Industrial Development Agencies 1844 99 $227.2K
2013 Annual Tax Exemption FEDEX Industrial Development Agencies 2 20 $222.6K
2013 Annual Tax Credit RIVER PLACE II HOLDINGS II LLC Brownfield Cleanup Program $214.4K
2013 Annual Tax Credit CENTRAL PRODUCTIONS LLC New York Film Tax Credit 231 $207.5K
2012 Annual Tax Exemption SIRIUS SATELLITE RADIO Industrial Development Agencies 291 826 $206.4K
2011 Annual Tax Exemption NEWS AMERICA PUBLISHING INC Industrial Development Agencies 1475 2878 $203.3K
2013 Total Grant ITAC Regional Economic Development Councils 0 $200.0K
2014 Total Power Discount THE BANK OF NEW YORK MELLON CORP New York Power Authority 2649 $189.6K
2012 Annual Tax Exemption FEDEX Industrial Development Agencies 2 -14 $189.0K
2011 Annual Tax Exemption JPMORGAN CHASE Industrial Development Agencies 0 -12 $173.2K
2014 Annual Tax Credit R&J DIGITAL PRODUCTIONS LLC New York Film Tax Credit 116 $168.9K
2014 Total Grant NEW YORK CITY INVESTMENT FUND MANAGER INC Local Development Corporations $165.0K
2014 Annual Tax Exemption HEARST CORPORATION Industrial Development Agencies 1844 118 $161.1K
2014 Annual Tax Exemption CREDIT SUISSE FIRST BOSTON CORP Industrial Development Agencies 6019 131 $157.4K
2011 Total Grant WASHINGTON HEIGHTS BUSINESS IMPROVEMENT DISTRICT MANAGEMENT ASSOCIATION INC Local Development Corporations $156.7K
2012 Annual Tax Exemption JPMORGAN CHASE Industrial Development Agencies 0 -237 $155.6K
2013 Annual Tax Exemption HEARST CORPORATION Industrial Development Agencies 1844 897 $153.2K
2011 Annual Tax Credit DERMOT CLINTON GREEN LLC Brownfield Cleanup Program $152.3K
2011 Total Grant JEWISH BOARD OF FAMILY & CHILDREN'S SERVICES INC Local Development Corporations $151.2K
2012 Annual Tax Credit DERMOT CLINTON GREEN LLC Brownfield Cleanup Program $149.2K
2011 Annual Tax Exemption 204 FIFTH AVENUE ASSOCIATES LLC Industrial Development Agencies 9 2 $144.2K
2014 Total Power Discount MORGAN STANLEY & CO New York Power Authority 985 $139.7K
2011 Total Grant LINCOLN CENTER DEVELOPMENT PROJECT INC Local Development Corporations $138.2K
2011 Annual Tax Exemption METROPOLITAN LIFE INSURANCE COMPANY Industrial Development Agencies 100 0 $136.7K
2014 Annual Tax Exemption 204 FIFTH AVENUE ASSOCIATES LLC Industrial Development Agencies 9 32 $136.2K
2011 Annual Tax Credit WEST END ENTERPRISES LLC Brownfield Cleanup Program $134.2K
2013 Annual Tax Credit CENTRAL PRODUCTIONS LLC New York Film Tax Credit 139 $131.7K
2012 Annual Tax Exemption AVON PRODUCTS INC Industrial Development Agencies 165 -36 $130.5K
2014 Total Power Discount NEW YORK PROTON MANAGEMENT LLC New York Power Authority 82 $130.2K
2014 Total Grant TIMES SQUARE DISTRICT MANAGEMENT ASSOCIATION INC DBA TIMES SQUARE ALLIANCE Local Development Corporations $129.5K
2013 Annual Tax Exemption 204 FIFTH AVENUE ASSOCIATES LLC Industrial Development Agencies 9 23 $115.9K
2012 Annual Tax Exemption 204 FIFTH AVENUE ASSOCIATES LLC Industrial Development Agencies 9 9 $114.4K
2014 Total Power Discount LENOX HILL HOSPITAL New York Power Authority 3366 $99.0K
2012 Total Grant ITAC Regional Economic Development Councils 0 $96.0K
2012 Total Grant TIMES SQUARE DISTRICT MANAGEMENT ASSOCIATION INC DBA TIMES SQUARE ALLIANCE Local Development Corporations $95.6K
2013 Total Grant RANDALL'S ISLAND SPORTS FOUNDATION INC Local Development Corporations $95.2K
2011 Annual Tax Exemption FEDERATED DEPARTMENT STORES INC Industrial Development Agencies 237 561 $92.5K
2012 Annual Tax Exemption FEDERATED DEPARTMENT STORES INC Industrial Development Agencies 237 618 $92.4K
2012 Total Grant LOWER EAST SIDE TENEMENT MUSEUM Local Development Corporations $81.9K
2011 Annual Tax Exemption SIRIUS SATELLITE RADIO Industrial Development Agencies 291 795 $79.9K
2014 Total Power Discount MORGAN STANLEY & CO New York Power Authority 1042 $77.3K
2014 Annual Tax Exemption FEDERATED DEPARTMENT STORES INC Industrial Development Agencies 237 623 $75.1K
2011 Total Grant ALLIANCE FOR DOWNTOWN NEW YORK INC Local Development Corporations $75.0K
2014 Total Power Discount THE GAP INC New York Power Authority 750 $72.2K
2013 Total Grant TIMES SQUARE DISTRICT MANAGEMENT ASSOCIATION INC DBA TIMES SQUARE ALLIANCE Local Development Corporations $70.3K
2012 Annual Tax Exemption THE NEW YORK TIMES COMPANY Industrial Development Agencies 1148 -478 $68.1K
2014 Annual Tax Exemption ELK CONSULTING LLC Industrial Development Agencies 2 -11 $68.0K
2011 Total Grant YOUNG MEN'S & YOUNG WOMEN'S HEBREW ASSOCIATION OF WASHINGTON HEIGHTS & INWOOD INC Local Development Corporations $66.8K
2014 Annual Tax Exemption CELTIC REALTY LLC Industrial Development Agencies 8 9 $64.4K
2014 Total Power Discount NEW YORK LAW SCHOOL New York Power Authority 210 $63.9K
2013 Annual Tax Exemption ELK CONSULTING LLC Industrial Development Agencies 2 -9 $62.1K
2013 Annual Tax Exemption CELTIC REALTY LLC Industrial Development Agencies 8 7 $58.9K
2012 Annual Tax Exemption CELTIC REALTY LLC Industrial Development Agencies 8 3 $57.8K
2011 Annual Tax Exemption CELTIC REALTY LLC Industrial Development Agencies 8 -2 $56.6K
2012 Annual Tax Exemption ELK CONSULTING LLC Industrial Development Agencies 2 -12 $55.3K
2014 Annual Tax Exemption BROWN BROTHERS HARRIMAN & CO Industrial Development Agencies 680 52 $53.3K
2014 Annual Tax Exemption G&G ELECTRIC REALTY CORP Industrial Development Agencies 7 17 $52.9K
2013 Annual Tax Exemption BROWN BROTHERS HARRIMAN & CO Industrial Development Agencies 680 2 $51.7K
2011 Annual Tax Exemption 2191 THIRD AVENUE LLC Industrial Development Agencies 20 -17 $47.7K
2013 Annual Tax Exemption 2191 THIRD AVENUE LLC Industrial Development Agencies 20 -17 $46.5K
2012 Total Grant THE TRUST FOR GOVERNORS ISLAND Local Development Corporations $45.8K
2012 Annual Tax Exemption 2191 THIRD AVENUE LLC Industrial Development Agencies 20 -18 $44.0K
2014 Total Power Discount INTREPID MUSEUM FOUNDATION New York Power Authority 190 $43.1K
2014 Annual Tax Exemption PARK VIEW REALTY ASSOCIATES LLC Industrial Development Agencies 5 26 $43.0K
2011 Annual Tax Exemption BOARD OF TRADE OF THE CITY OF NEW YORK Industrial Development Agencies 0 -172 $42.6K
2013 Annual Tax Exemption G&G ELECTRIC REALTY CORP Industrial Development Agencies 7 18 $42.5K
2013 Annual Tax Exemption JPMORGAN CHASE Industrial Development Agencies 0 -100 $40.4K
2012 Annual Tax Exemption ROYALTON REALTY ASSOCIATES LLC Industrial Development Agencies 261 157 $40.0K
2012 Annual Tax Credit WEST END ENTERPRISES LLC Brownfield Cleanup Program $39.8K
2012 Annual Tax Exemption PARK VIEW REALTY ASSOCIATES LLC Industrial Development Agencies 5 23 $39.7K
2013 Annual Tax Credit LHL HOLDINGS LP Brownfield Cleanup Program $38.6K
2013 Annual Tax Exemption PARK VIEW REALTY ASSOCIATES LLC Industrial Development Agencies 5 26 $38.6K
2014 Total Grant RANDALL'S ISLAND PARK ALLIANCE INC Local Development Corporations $37.7K
2013 Annual Tax Exemption METROPOLITAN LIFE INSURANCE COMPANY Industrial Development Agencies 100 37 $36.7K
2012 Annual Tax Exemption G&G ELECTRIC REALTY CORP Industrial Development Agencies 7 10 $36.0K
2011 Annual Tax Exemption G&G ELECTRIC REALTY CORP Industrial Development Agencies 7 4 $35.8K
2014 Total Power Discount SAP AMERICA INC New York Power Authority 450 $34.2K
2013 Annual Tax Exemption CHELSEA PIERS LP Industrial Development Agencies 0 0 $33.8K
2011 Total Grant HOME FOR CONTEMPORARY THEATER & ART Local Development Corporations $32.1K
2012 Annual Tax Exemption BOARD OF TRADE OF THE CITY OF NEW YORK Industrial Development Agencies 0 -172 $31.5K
2014 Annual Tax Exemption 2191 THIRD AVENUE LLC Industrial Development Agencies 20 -20 $31.2K
2011 Annual Tax Exemption ELK CONSULTING LLC Industrial Development Agencies 2 -12 $31.1K
2013 Annual Tax Exemption GOVERNORS GARDEN MANAGEMENT LLC Industrial Development Agencies 0 0 $31.0K
2012 Annual Tax Exemption KENNETH COLE PRODUCTIONS INC Industrial Development Agencies 190 124 $23.3K
2012 Total Grant NEW YORK RESTORATION PROJECT Local Development Corporations $22.5K
2014 Annual Tax Exemption HUDSON BEACH LLC Industrial Development Agencies 4 2 $22.4K
2012 Annual Tax Exemption 390 PARK AVENUE ASSOCIATES LLC Industrial Development Agencies 47 62 $20.9K
2014 Annual Tax Exemption 665 WEST 158 LLC Industrial Development Agencies 3 -9 $20.8K
2013 Annual Tax Exemption HUDSON BEACH LLC Industrial Development Agencies 4 4 $20.2K
2012 Total Grant THE ARCHITECTURAL LEAGUE OF NEW YORK Regional Economic Development Councils $20.0K
2013 Annual Tax Exemption ROYALTON REALTY ASSOCIATES LLC Industrial Development Agencies 261 182 $20.0K
2014 Total Grant LOWER EAST SIDE DISTRICT MANAGEMENT ASSOCIATION INC Regional Economic Development Councils $20.0K
2013 Annual Tax Exemption 665 WEST 158 LLC Industrial Development Agencies 3 -3 $18.4K
2012 Annual Tax Exemption HUDSON BEACH LLC Industrial Development Agencies 4 1 $17.4K
2014 Total Power Discount YESHIVA UNIVERSITY New York Power Authority 183 $14.9K
2013 Annual Tax Exemption BASKETBALL CITY Industrial Development Agencies 0 0 $14.6K
2014 Total Power Discount RR DONNELLEY AND SONS COMPANY New York Power Authority 165 $13.4K
2012 Annual Tax Exemption BROWN BROTHERS HARRIMAN & CO Industrial Development Agencies 680 22 $13.0K
2014 Annual Tax Credit WEST END ENTERPRISES LLC Brownfield Cleanup Program $12.4K
2011 Annual Tax Exemption 390 PARK AVENUE ASSOCIATES LLC Industrial Development Agencies 47 56 $10K
2014 Total Grant CASBAH PICTURES INC Regional Economic Development Councils 0 $9.0K
2011 Annual Tax Exemption BROWN BROTHERS HARRIMAN & CO Industrial Development Agencies 680 211 $8.1K
2013 Annual Tax Credit WEST END ENTERPRISES LLC Brownfield Cleanup Program $7.2K
2014 Annual Tax Exemption 390 PARK AVENUE ASSOCIATES LLC Industrial Development Agencies 47 63 $7.1K
2013 Annual Tax Exemption KENNETH COLE PRODUCTIONS INC Industrial Development Agencies 190 118 $6.1K
2011 Annual Tax Exemption KENNETH COLE PRODUCTIONS INC Industrial Development Agencies 190 92 $6.1K
2011 Annual Tax Exemption HUDSON BEACH LLC Industrial Development Agencies 4 0 $3.8K
2013 Annual Tax Exemption 390 PARK AVENUE ASSOCIATES LLC Industrial Development Agencies 47 76 $3.6K
2014 Total Power Discount BALLET HISPANICO OF NEW YORK INC New York Power Authority 54 $2.4K
2013 Annual Tax Exemption TB GALLERY LLC Industrial Development Agencies 0 0 $2.0K
2013 Annual Tax Exemption FIRSTFLIGHT HELIPORTS LLC Industrial Development Agencies 0 0 $1.8K
2012 Annual Tax Exemption 665 WEST 158 LLC Industrial Development Agencies 3 -5 $1.2K
2013 Annual Tax Exemption NICOLE KLAGSBRUN INC Industrial Development Agencies 0 0 $261.20
2013 Total Grant NEW YORK RESTORATION PROJECT Local Development Corporations $100.00
2013 Annual Tax Exemption BOARD OF TRADE OF THE CITY OF NEW YORK Industrial Development Agencies 0 -325 $0
2012 Total Grant CHILDREN'S MUSEUM OF THE ARTS Local Development Corporations $0
2014 Annual Tax Exemption BLACKROCK INC Industrial Development Agencies 1880 1897 $0
2013 Annual Tax Exemption AVON PRODUCTS INC Industrial Development Agencies 165 -36 $0
2011 Annual Tax Exemption CITIGROUP INC Industrial Development Agencies 2100 8191 $0
2014 Total Grant YESHIVA UNIVERSITY Local Development Corporations $0
2011 Annual Tax Exemption FLEET SECURITIES INC Industrial Development Agencies 901 -1074 $0
2014 Total Grant YOUNG MEN'S & YOUNG WOMEN'S HEBREW ASSOCIATION OF WASHINGTON HEIGHTS & INWOOD INC Local Development Corporations $0
2011 Annual Tax Exemption VNU-USA INC Industrial Development Agencies 1092 -418 $0
2012 Annual Tax Exemption VNU-USA INC Industrial Development Agencies 1092 -458 $0
2012 Annual Tax Exemption AMERICAN INTERNATIONAL GROUP Industrial Development Agencies 1858 742 $0
2011 Annual Tax Exemption THE BEAR STEARNS COMPANIES INC Industrial Development Agencies 13300 -3672 $0
2012 Annual Tax Exemption NEWS AMERICA PUBLISHING INC Industrial Development Agencies 1475 2928 $0
2011 Annual Tax Exemption LIZ CLAIBORNE INC Industrial Development Agencies 1032 -365 $0
2012 Annual Tax Exemption LIZ CLAIBORNE INC Industrial Development Agencies 1032 -365 $0
2011 Annual Tax Exemption PAINE WEBBER Industrial Development Agencies 474 1554 $0
2012 Annual Tax Exemption PAINE WEBBER Industrial Development Agencies 474 2267 $0
2014 Annual Tax Exemption TB GALLERY LLC Industrial Development Agencies 0 -1 $0
2014 Annual Tax Exemption SLAMMERS INC Industrial Development Agencies 0 -10 $0
2013 Annual Tax Exemption SLAMMERS INC Industrial Development Agencies 0 0 $0
2013 Annual Tax Exemption SIRIUS SATELLITE RADIO Industrial Development Agencies 291 826 $0
2014 Annual Tax Exemption SIRIUS SATELLITE RADIO Industrial Development Agencies 291 918 $0
2014 Annual Tax Exemption ROYALTON REALTY ASSOCIATES LLC Industrial Development Agencies 261 0 $0
2013 Annual Tax Exemption 1635 LEX REALTY CORP Industrial Development Agencies 27 16 $0
2013 Annual Tax Exemption PIER SIXTY LLC Industrial Development Agencies 0 0 $0
2014 Annual Tax Exemption PIER SIXTY LLC Industrial Development Agencies 0 -3 $0
2013 Annual Tax Exemption PIER GARTEN LLC Industrial Development Agencies 0 0 $0
2014 Annual Tax Exemption THE NEW YORK TIMES COMPANY Industrial Development Agencies 1148 -487 $0
2011 Annual Tax Exemption THE NEW YORK TIMES COMPANY Industrial Development Agencies 1148 -495 $0
2013 Annual Tax Exemption THE NEW YORK TIMES COMPANY Industrial Development Agencies 1148 -618 $0
2014 Annual Tax Exemption NICOLE KLAGSBRUN INC Industrial Development Agencies 0 -3 $0
2013 Annual Tax Exemption LEGACY YARDS TENANT LLC Industrial Development Agencies 5000 0 $0
2014 Total Grant LENOX HILL NEIGHBORHOOD HOUSE INC Local Development Corporations $0
2013 Annual Tax Exemption DIGITAS LLC Industrial Development Agencies 330 556 $0
2012 Annual Tax Exemption DIGITAS LLC Industrial Development Agencies 330 580 $0
2011 Annual Tax Exemption DIGITAS LLC Industrial Development Agencies 330 593 $0
2014 Annual Tax Exemption METROPOLITAN LIFE INSURANCE COMPANY Industrial Development Agencies 100 82 $0
2014 Annual Tax Exemption DOUBLECLICK INC Industrial Development Agencies 756 -260 $0
2013 Annual Tax Exemption DOUBLECLICK INC Industrial Development Agencies 756 2412 $0
2012 Total Grant NEW YORK ACADEMY OF SCIENCES Local Development Corporations $0
2012 Annual Tax Exemption DOUBLECLICK INC Industrial Development Agencies 756 2154 $0
2011 Annual Tax Exemption DOUBLECLICK INC Industrial Development Agencies 756 1574 $0
2014 Annual Tax Exemption DIGITAS LLC Industrial Development Agencies 330 390 $0
2013 Annual Tax Exemption ERNST & YOUNG US LLP Industrial Development Agencies 3052 2626 $0
2014 Annual Tax Exemption PIER GARTEN LLC Industrial Development Agencies 0 -35 $0
2011 Annual Tax Exemption QUICK & REILLY Industrial Development Agencies 901 -1074 $0
2013 Annual Tax Exemption MARLBOROUGH GALLERY INC Industrial Development Agencies 0 0 $0
2014 Annual Tax Exemption MARLBOROUGH GALLERY INC Industrial Development Agencies 0 2 $0
2014 Annual Tax Exemption SUTEISHI JAPANESE RESTAURANT Industrial Development Agencies 0 -10 $0
2013 Annual Tax Exemption SUTEISHI JAPANESE RESTAURANT Industrial Development Agencies 0 0 $0
2014 Annual Tax Exemption LEGACY YARDS TENANT LLC Industrial Development Agencies 5000 0 $0
2014 Annual Tax Exemption CHELSEA PIERS LP Industrial Development Agencies 0 -422 $0
2014 Annual Tax Exemption FIRSTFLIGHT HELIPORTS LLC Industrial Development Agencies 0 10 $0
2011 Annual Tax Exemption BLACKROCK INC Industrial Development Agencies 1880 1306 $0
2014 Annual Tax Exemption KENNETH COLE PRODUCTIONS INC Industrial Development Agencies 190 -105 $0
2014 Annual Tax Exemption 1635 LEX REALTY CORP Industrial Development Agencies 27 23 $0
2014 Total Grant LENOX HILL NEIGHBORHOOD HOUSE INC Local Development Corporations $0
2013 Annual Tax Exemption AIR PEGASUS HELIPORT INC Industrial Development Agencies 0 0 $0
2014 Total Grant CATHOLIC CHARITIES COMMUNITY SERVICES ARCHDIOCESE OF NEW YORK Local Development Corporations $0
2014 Total Grant MANHATTAN THEATRE CLUB INC Local Development Corporations $0
2014 Annual Tax Exemption AIR PEGASUS HELIPORT INC Industrial Development Agencies 0 -12 $0
2013 Annual Tax Exemption ARE-EAST RIVER SCIENCE PARK LLC Industrial Development Agencies 1355 383 $0
2012 Annual Tax Exemption ARE-EAST RIVER SCIENCE PARK LLC Industrial Development Agencies 1355 268 $0
2011 Annual Tax Exemption ARE-EAST RIVER SCIENCE PARK LLC Industrial Development Agencies 1355 0 $0
2014 Annual Tax Exemption ARE-EAST RIVER SCIENCE PARK LLC Industrial Development Agencies 1355 520 $0
2013 Annual Tax Exemption BANK OF AMERICA CORPORATION Industrial Development Agencies 2896 2517 $0
2012 Annual Tax Exemption BANK OF AMERICA CORPORATION Industrial Development Agencies 2896 69 $0
2011 Annual Tax Exemption BANK OF AMERICA CORPORATION Industrial Development Agencies 2896 344 $0
2014 Total Grant COMMUNITY SOLUTIONS 519 ROCKAWAY AVENUE INC Local Development Corporations $0
2014 Annual Tax Exemption BASKETBALL CITY Industrial Development Agencies 0 -11 $0
2014 Annual Tax Exemption BANK OF AMERICA CORPORATION Industrial Development Agencies 2896 2952 $0
2014 Total Grant INTREPID MUSEUM FOUNDATION Local Development Corporations $0
2013 Annual Tax Exemption BLACKROCK INC Industrial Development Agencies 1880 1682 $0
2012 Annual Tax Exemption BLACKROCK INC Industrial Development Agencies 1880 1440 $0
2014 Annual Tax Exemption BOARD OF TRADE OF THE CITY OF NEW YORK Industrial Development Agencies 0 -175 $0
2012 Total Grant WHITNEY MUSEUM OF AMERICAN ART Local Development Corporations $0
2012 Annual Tax Exemption THE BEAR STEARNS COMPANIES INC Industrial Development Agencies 13300 -3672 $0
2014 Annual Tax Exemption GOVERNORS GARDEN MANAGEMENT LLC Industrial Development Agencies 0 -3 $0
2014 Annual Tax Exemption ERNST & YOUNG US LLP Industrial Development Agencies 3052 3417 $0
2014 Total Grant CORNELL UNIVERSITY Local Development Corporations $0
2011 Annual Tax Exemption TIME WARNER INC Industrial Development Agencies 359 309 $0
2012 Annual Tax Exemption ERNST & YOUNG US LLP Industrial Development Agencies 3052 2222 $0
2011 Annual Tax Exemption ERNST & YOUNG US LLP Industrial Development Agencies 3052 1455 $0
2014 Annual Tax Exemption EXTELL GT LLC Industrial Development Agencies 2338 28 $0
2011 Annual Tax Exemption PARK VIEW REALTY ASSOCIATES LLC Industrial Development Agencies 5 20 -$28.7K
2011 Annual Tax Exemption ROYALTON REALTY ASSOCIATES LLC Industrial Development Agencies 261 194 -$38.2K
2014 Annual Tax Exemption 525 WEST 52ND STREET LLC Industrial Development Agencies 85 -192 -$838.3K
2011 Annual Tax Exemption CREDIT SUISSE FIRST BOSTON CORP Industrial Development Agencies 6019 1510 -$948.0K

Total Subsidy Value, by Program

Program Total Value (Minimum)
Local Development Corporations $278.5M
Brownfield Cleanup Program $125.0M
Excelsior Jobs Program $119.6M
Industrial Development Agencies $110.8M
Regional Economic Development Councils $11.3M
New York Power Authority $10.8M
New York Film Tax Credit $508.0K
Western New York Power Proceeds Allocation Board $0
JOBS Now $0
Economic Development Fund $0
Start-Up NY $0

Source: Data on subsidies from the Excelsior Jobs Program, Industrial Development Agencies and Local Development Corporations are sourced from New York’s open data portal. IDA data accessed on July 21, 2016. LDC data accessed on Feb. 21, 2017. All other program data sourced from agency reports and Freedom of Information requests to Empire State Development, the state’s economic development arm, and other state agencies. Download the raw program data in the ProPublica Data Store.

Methodology: Read our methodology for collecting the data.

Notes:

Except where otherwise noted, data is for subsidies granted or given out between 2011 and 2014 under the above-named programs. While these programs comprise a significant cross-section of the state’s growing portfolio of economic development programs, they don’t include every subsidy dollar.

Subsidies tracked include grants, tax breaks, low-cost leases and discounted power allocations given out under each program; loans and bond issues are excluded from the data because they have to be repaid.

The number of corporate subsidiaries reflects only the subsidiaries we were able to verify though our research. Companies may have more connections with other companies not listed in the data.

IDA and LDC subsidies are given out by local entities; all other programs are administered by New York State.