New York State Subsidy Tracker - Local Development Corporations

ProPublica

New York State Subsidy Tracker

Tracking the State’s Growing Portfolio of Business Subsidies

Local Development Corporations

Gave out $540.1M in subsidies.

Nonprofit corporations run by local governments to further economic development or other public purposes. More information.

Local Development Corporations give out many different types of business subsidies, including loans, bond underwriting and grants. The data included here only captures grants because loans and bond issues have to be repaid.

100 Largest Subsidies Issued By This Program

Year Time Period Company Jobs Promised Initially Jobs Reported To Date Value
2011 Total LINCOLN CENTER DEVELOPMENT PROJECT INC $63.0M
2014 Total COMMUNITY DEVELOPMENT PROPERTIES BROOKLYN INC $39.6M
2012 Total EMPIRE STATE DEVELOPMENT CORPORATION $20.4M
2014 Total SEAVIEW SENIOR LIVING CORPORATION $20.0M
2013 Total WHITNEY MUSEUM OF AMERICAN ART $19.2M
2012 Total SIMS MUNICIPAL RECYCLING OF NEW YORK LLC $18.9M
2012 Total BROOKLYN ACADEMY OF MUSIC INC $16.1M
2013 Total BATTERY PARK CITY AUTHORITY $15.6M
2014 Total MORRIS HEIGHTS HEALTH CENTER INC $12.7M
2011 Total MUSEUM FOR AFRICAN ART $12.5M
2011 Total AMERICAN MUSEUM OF THE MOVING IMAGE $11.7M
2011 Total SIMS MUNICIPAL RECYCLING OF NEW YORK LLC $9.5M
2014 Total THE EDUCATIONAL ALLIANCE INC $9.3M
2012 Total CITY OF YONKERS 7 6 $8.0M
2014 Total THE RESEARCH FOUNDATION FOR STATE UNIVERSITY OF NEW YORK $7.8M
2011 Total BROOKLYN ACADEMY OF MUSIC INC $7.3M
2011 Total ST LUKE'S CHAMBER ENSEMBLE INC $7.2M
2013 Total COMMUNITY DEVELOPMENT PROPERTIES BROOKLYN INC $6.8M
2012 Total YANKEE STADIUM LLC $6.4M
2011 Total LINCOLN CENTER DEVELOPMENT PROJECT INC $6.0M
2013 Total LINCOLN CENTER DEVELOPMENT PROJECT INC $5.4M
2013 Total BROOKLYN ACADEMY OF MUSIC INC $5.3M
2011 Total CENTRAL AMUSEMENT INTERNATIONAL LLC $5.2M
2012 Total BATTERY PARK CITY AUTHORITY $5.2M
2014 Total QDG URA CORPORATION $5.0M
2011 Total BROOKLYN ACADEMY OF MUSIC INC $4.9M
2014 Total URBAN JUSTICE CENTER $4.9M
2014 Total BOYS & GIRLS CLUB OF METRO QUEENS INC FKA SOUTH QUEENS BOYS & GIRLS CLUB $4.6M
2011 Total GREATER JAMAICA DEVELOPMENT CORPORATION $4.5M
2014 Total YOUNG MEN'S CHRISTIAN ASSOCIATION $4.2M
2014 Total WILDLIFE CONSERVATION SOCIETY $4.1M
2012 Total AMERICAN MUSEUM OF THE MOVING IMAGE $4.0M
2013 Total SEAVIEW SENIOR LIVING CORPORATION $4.0M
2011 Total APOLLO THEATER FOUNDATION INC $4.0M
2014 Total GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORPORATION $3.9M
2013 Total THE FOUNDATION FOR URBAN HEALTH & WELL BEING $3.9M
2011 Total NEW YORK STATE URBAN DEVELOPMENT CORPORATION $3.5M
2013 Total WILDLIFE CONSERVATION SOCIETY $3.4M
2011 Total LINCOLN CENTER DEVELOPMENT PROJECT INC $3.2M
2014 Total SIMS MUNICIPAL RECYCLING OF NEW YORK LLC $3.1M
2013 Total BROOKLYN ACADEMY OF MUSIC INC $3.0M
2013 Total THE TRUST FOR GOVERNORS ISLAND $3.0M
2014 Total FEDERATION OF ITALIAN-AMERICAN ORGANIZATIONS OF BROOKLYN LTD $3.0M
2014 Total BIOBAT INC $2.9M
2012 Total FEDERATION OF ITALIAN-AMERICAN ORGANIZATIONS OF BROOKLYN LTD $2.9M
2014 Total LINCOLN CENTER DEVELOPMENT PROJECT INC $2.8M
2012 Total BROOKLYN ACADEMY OF MUSIC INC $2.8M
2011 Total BATTERY PARK CITY AUTHORITY $2.7M
2012 Total BASKETBALL CITY $2.6M
2011 Total LIC SITE B2 OWNER LLC $2.5M
2014 Total THE MUSEUM OF MODERN ART $2.4M
2013 Total EAST WILLIAMSBURG VALLEY INDUSTRIAL DEVELOPMENT CORPORATION $2.4M
2011 Total BRONX PARKING DEVELOPMENT COMPANY LLC $2.4M
2013 Total FEDERATION OF ITALIAN-AMERICAN ORGANIZATIONS OF BROOKLYN LTD $2.3M
2014 Total BRIC ARTS MEDIA $2.2M
2012 Total SERVICES AND ADVOCACY FOR GAY LESBIAN BISEXUAL AND TRANSGENDER ELDERS INC $2.1M
2011 Total CITY OF YONKERS $2.1M
2011 Total WILDLIFE CONSERVATION SOCIETY $2.0M
2013 Total NEW MAIN STREET DEVELOPMENT CORPORATION AS BENEFICIARY OF THE CITY OF YONKERS 3600 0 $2.0M
2011 Total MUSEUM FOR AFRICAN ART $2.0M
2014 Total LESBIAN AND GAY COMMUNITY SERVICES CENTER INC $1.9M
2014 Total HUDSON SQUARE DISTRICT MANAGEMENT ASSOCIATION INC $1.9M
2011 Total QUEENS BALLPARK COMPANY LLC $1.8M
2011 Total NEW YORK FAMILIES FOR AUTISTIC CHILDREN INC $1.7M
2012 Total SOUTH STREET SEAPORT MUSEUM $1.7M
2013 Total THE RESEARCH FOUNDATION FOR STATE UNIVERSITY OF NEW YORK $1.7M
2014 Total NEW MAIN STREET DEVELOPMENT CORPORATION AS BENEFICIARY OF THE CITY OF YONKERS 3600 500 $1.7M
2011 Total GREATER JAMAICA DEVELOPMENT CORPORATION $1.6M
2014 Total THE GREATER RIDGEWOOD YOUTH COUNCIL INC $1.6M
2011 Total LOWER EAST SIDE TENEMENT MUSEUM $1.5M
2013 Total SERVICES NOW FOR ADULT PERSONS INC $1.5M
2011 Total INTREPID MUSEUM FOUNDATION $1.4M
2014 Total DOWNTOWN BROOKLYN PARTNERSHIP INC $1.4M
2013 Total DOWNTOWN BROOKLYN PARTNERSHIP INC $1.4M
2012 Total YONKERS DOWNTOWN WATERFRONT DEVELOPMENT CORP 15 20 $1.3M
2014 Total RIVERDALE NEIGHBORHOOD HOUSE INC $1.3M
2011 Total BEDFORD STUYVESANT RESTORATION CORPORATION $1.3M
2014 Total BATTERY PARK CITY AUTHORITY $1.3M
2012 Total BEDFORD STUYVESANT RESTORATION CORPORATION $1.3M
2012 Total RANDALL'S ISLAND SPORTS FOUNDATION INC $1.2M
2011 Total SEPHARDIC COMMUNITY YOUTH CENTER $1.2M
2014 Total YOUNG MEN'S CHRISTIAN ASSOCIATION $1.2M
2012 Total FUND FOR THE CITY OF NEW YORK $1.2M
2012 Total BEDFORD STUYVESANT FAMILY HEALTH CENTER INC $1.1M
2011 Total ST NICHOLAS NEIGHBORHOOD PRESERVATION CORPORATION $1.1M
2013 Total NEW YORK FAMILIES FOR AUTISTIC CHILDREN INC $1.0M
2012 Total NEW YORK FAMILIES FOR AUTISTIC CHILDREN INC $990.0K
2012 Total THE COOPER UNION $948.2K
2013 Total CHILDREN'S MUSEUM OF THE ARTS $920.3K
2014 Total YOU GOTTA BELIEVE! THE OLDER CHILD ADOPTION & PERMANENCY MOVEMENT $899.9K
2014 Total HUDSON RIVER PARK TRUST $899.3K
2011 Total FAMILY HOME CARE SERVICES OF BROOKLYN & QUEENS INC $888.9K
2014 Total WILDLIFE CONSERVATION SOCIETY $855.4K
2012 Total JEWISH BOARD OF FAMILY & CHILDREN'S SERVICES INC $823.8K
2014 Total OHEL CHILDREN'S HOME AND FAMILY SERVICES INC $773.9K
2014 Total METROPOLITAN OPERA ASSOCIATION INC $753.8K
2011 Total THE MOUNT HOPE HOUSING COMPANY INC $753.4K
2011 Total MANHATTAN COMMUNITY ACCESS CORPORATION $745.9K
2014 Total GRIFFISS LOCAL DEVELOPMENT CORP $745.5K
2012 Total CITY CENTER OF MUSIC & DRAMA INC $731.3K

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.