Subsidy Tracker: State Summary of State and Local Awards

State Name: 
New York
Subsidy Total: 
$34,026,482,575
Number of Awards: 
127,154
Time Period: 

Earliest year of data: 1980. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this state are for the period since 2008.

Notes: 

The dollar total above adjusts for the fact that there is an overlap between the amounts in one or more Megadeal entries and those of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.


Top 10 Parent CompaniesTotal Subsidy $Number of Awards
Alcoa$5,669,201,40416
Mubadala Technology$1,868,338,94921
IBM Corp.$1,067,282,29361
Pyramid Companies$874,826,85367
Tesla Motors$750,000,0001
Sematech$510,000,0002
Verizon Communications$492,415,44929
JPMorgan Chase$491,149,65747
Goldman Sachs$425,161,0054
Cornell University$400,000,0001


Individual Subsidy Records:

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Company Parent Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Alcoa Alcoa state 2007 $5,600,000,000 MEGADEAL
Advanced Micro Devices (AMD); later GlobalFoundries Mubadala Technology state 2006 $1,200,000,000 MEGADEAL
SolarCity Corp. Tesla Motors state 2014 $750,000,000 MEGADEAL
IBM IBM Corp. multiple 2000 $660,000,000 MEGADEAL
Pyramid Companies Pyramid Companies multiple 2002 $600,000,000 MEGADEAL
Yahoo Verizon Communications multiple 2009 $478,000,000 MEGADEAL
Goldman Sachs Goldman Sachs state 2005 $425,000,000 MEGADEAL
Cornell University/Technion-Israel Institute of Technology Cornell University local 2011 $400,000,000 MEGADEAL
Grand Hyatt Hotel Hyatt Hotels local 1980 $359,000,000 MEGADEAL
GLOBALFOUNDRIES U.S. INC. (Malta) Mubadala Technology state 2015 $348,902,686 enterprise zone
International Sematech Sematech state 2008 $300,000,000 MEGADEAL
Chase Manhattan (now JPMorgan Chase) JPMorgan Chase multiple 1988 $235,000,000 MEGADEAL
International Sematech Sematech state 2002 $210,000,000 MEGADEAL
GLOBALFOUNDRIES U.S. INC. (Malta) Mubadala Technology state 2014 $191,757,737 enterprise zone
Computer Associates (now CA Technologies) CA Inc. local 1989 $179,200,000 MEGADEAL
Fresh Direct Holdings, Inc. Fresh Direct multiple 2013 $171,139,843 MEGADEAL
New York Mercantile Exchange (now owned by CME Group) CME Group multiple 1994 $168,000,000 MEGADEAL
Norampac Industries (owned by Cascades Inc.) Cascades Inc. multiple 2011 $141,500,000 MEGADEAL
IBM IBM Corp. state 2008 $140,000,000 MEGADEAL
Trump World Tower Trump Organization local 2003 $119,500,000 MEGADEAL
Prudential Securities (now part of Wells Fargo) Wells Fargo state 1992 $106,200,000 MEGADEAL
GEICO Berkshire Hathaway multiple 2003 $102,400,000 MEGADEAL
River Place II Holdings II LLC Silverstein Properties state 2009 $101,995,991 MEGADEAL
Canon Canon multiple 2009 $100,000,000 MEGADEAL
Tokyo Electron Tokyo Electron state 2002 $100,000,000 MEGADEAL
National Broadcasting Company (now NBCUniversal, a subsidiary of Comcast) Comcast multiple 1987 $98,000,000 MEGADEAL
Citicorp (now Citigroup) Citigroup local 1989 $90,000,000 MEGADEAL
Empire Gen Holdings Energy Capital Partners state 2010 $87,035,916 MEGADEAL
Empire Gen Holdings, Inc. Energy Capital Partners state 2010 $86,951,916 tax credit/rebate
River Place II Holdings II LLC Silverstein Properties state 2009 $86,526,140 tax credit/rebate
Chase Manhattan Bank, NA JPMorgan Chase local 1989 $79,165,578 tax credit/rebate; property tax abatement
Chase Manhattan Bank, NA JPMorgan Chase local 1989 $77,581,945 tax credit/rebate; property tax abatement
St. Luke's Cornwall Hospital   local 2013 $76,845,800 tax credit/rebate; property tax abatement
Bear Stearns (now JPMorgan Chase) JPMorgan Chase multiple 1997 $75,000,000 MEGADEAL
St. Luke's Cornwall Hospital   local 2011 $69,960,500 tax credit/rebate; property tax abatement
Alcoa Alcoa state 2015 $68,800,000 MEGADEAL
Morgan Stanley Group, Inc. Morgan Stanley local 2009 $63,995,122 tax credit/rebate; property tax abatement
Caithness Long Island LLC Caithness Energy local 2014 $62,000,000 MEGADEAL
Flushing Town Center, L.P. Onex state 2010 $60,610,624 tax credit/rebate
LC MAIN LLC   state 2007 $60,425,147 tax credit/rebate
Morgan Stanley Group, Inc. Morgan Stanley local 2008 $58,316,436 tax credit/rebate; property tax abatement
Tiago Holdings, LLC Forest City Enterprises state 2009 $57,952,369 MEGADEAL
1366 Technologies 1366 Technologies state 2015 $56,300,000 MEGADEAL
PYRAMID COMPANY OF ONONDAGA Pyramid Companies state 2011 $56,143,114 tax credit/rebate
Morgan Stanley & Co. Incorporated Morgan Stanley state 2015 $52,000,000 MEGADEAL
Yankee Stadium LLC   local 2006 $51,197,249 tax credit/rebate; property tax abatement
CS First Boston Credit Suisse local 1995 $50,500,000 MEGADEAL
LC Main, LLC   state 2008 $50,428,434 tax credit/rebate
Oppenheimer Oppenheimer Holdings local 2008 $50,341,132 tax credit/rebate; property tax abatement
Yankee Stadium LLC   local 2006 $48,133,347 tax credit/rebate; property tax abatement
DERMOT CLINTON GREEN, LLC   state 2007 $44,170,790 tax credit/rebate
GLOBALFOUNDRIES U.S. INC. (Malta) Mubadala Technology state 2013 $42,385,118 enterprise zone
Queens Ballpark Company, L.L.C.   local 2016 $41,900,410 tax credit/rebate
Queens Ballpark Company, LLC   local 2007 $41,687,628 tax credit/rebate; property tax abatement
GREENPAC HOLDING LLC   state 2013 $41,108,130 tax credit/rebate
Solvay Paperboard, LLC WestRock state 2008 $40,573,654 enterprise zone
BANK OF NEW YORK Bank of New York Mellon local 2002 $40,000,000 grant
Corning Incorporated Corning state 2015 $40,000,000 tax credit/rebate
BAE Systems Controls. Inc. BAE Systems state 2015 $40,000,000 tax credit/rebate
Athens Generating Co LLP Riverstone Holdings local 2013 $38,423,245 tax credit/rebate; property tax abatement
Queens Ballpark Company, L.L.C.   local 2006 $37,798,743 tax credit/rebate; property tax abatement
Morgan Stanley Group, Inc. Morgan Stanley local 1993 $36,300,899 tax credit/rebate; property tax abatement
Queens Ballpark Company, L.L.C.   local 2006 $36,235,477 tax credit/rebate; property tax abatement
Deutsche Bank / Americas Holding Corp. and Taunus Corporation Deutsche Bank local 2003 $34,500,000 grant
Morgan Stanley Group, Inc. Morgan Stanley local 1993 $34,296,067 tax credit/rebate; property tax abatement
Amphenol Corporation Amphenol state 2015 $32,195,000 tax credit/rebate
International Business Machines Corp. IBM Corp. state 2006 $31,700,000 enterprise zone
L & M Optical Disc, LLC   local 2006 $30,000,000 tax credit/rebate; property tax abatement
Huron Real Estate Associates, LLC   local 2007 $29,836,352 tax credit/rebate; property tax abatement
General Motors Corporation General Motors local 2008 $29,721,327 tax credit/rebate; property tax abatement
International Business Machines Corp. IBM Corp. state 2014 $28,246,983 enterprise zone
Athens Generating Co LLP Riverstone Holdings local 2010 $27,300,133 tax credit/rebate; property tax abatement
International Business Machines Corp. IBM Corp. state 2013 $26,497,711 enterprise zone
Yankee Stadium LLC   local 2008 $26,487,084 tax credit/rebate; property tax abatement
Athens Generating Co LLP Riverstone Holdings local 2009 $26,427,335 tax credit/rebate; property tax abatement
Athens Generating Co LLP Riverstone Holdings local 2012 $25,823,134 tax credit/rebate; property tax abatement
Athens Generating Co LLP Riverstone Holdings local 2011 $25,804,884 tax credit/rebate; property tax abatement
Athens Generating Co LLP Riverstone Holdings local 2008 $25,320,013 tax credit/rebate; property tax abatement
Global Foundries U.S.,Inc. Mubadala Technology local 2014 $25,093,703 tax credit/rebate
Goulds Pumps ITT Industries ITT Inc. state 2014 $25,073,327 enterprise zone
AMERICAN EXPRESS American Express local 2002 $25,000,000 grant
Goldman Sachs Goldman Sachs local 2005 $25,000,000 grant
Global Foundries U.S.,Inc. Mubadala Technology local 2011 $25,000,000 tax credit/rebate; property tax abatement
Avon Products, Inc. Cerberus Capital Management local 2005 $24,779,767 tax credit/rebate; property tax abatement
GEICO General Insurance Company Berkshire Hathaway state 2013 $24,711,293 enterprise zone
Athens Generating Co LLP Riverstone Holdings local 2007 $24,561,720 tax credit/rebate; property tax abatement
17th and 10th Associates Holdings LLC   state 2008 $24,485,844 tax credit/rebate
Athens Generating Company, L.P. Riverstone Holdings local 2006 $24,401,704 tax credit/rebate; property tax abatement
Yankee Stadium LLC   local 2007 $24,062,445 tax credit/rebate; property tax abatement
MASTER TF LLC   state 2013 $23,909,842 tax credit/rebate
Athens Generating Co LLP Riverstone Holdings local 2015 $23,563,788 tax credit/rebate
Athens Generating Co LLP Riverstone Holdings local 2016 $23,563,788 tax credit/rebate
Cantor Fitzgerald L.P. / CF Headquarters Corp. Cantor Fitzgerald local 2003 $23,531,952 grant
Athens Generating Co LLP Riverstone Holdings local 2014 $23,339,794 tax credit/rebate
Board of Trade of the City of New York, Inc. (ICE Futures)   local 2002 $23,300,000 grant
American International Group, Inc. American International Group local 1996 $23,048,585 tax credit/rebate; property tax abatement
American International Group, Inc. American International Group local 1996 $22,945,573 tax credit/rebate; property tax abatement
American Airlines, Inc. ('02) American Airlines local 2003 $22,808,249 tax credit/rebate; property tax abatement
International Business Machines Corp. IBM Corp. state 2015 $22,397,159 enterprise zone
Philips Semiconductor Manufacturing, Inc. NXP Semiconductors state 2002 $22,100,000 enterprise zone
Chase Manhattan Bank, NA JPMorgan Chase local 2007 $21,605,966 tax credit/rebate; property tax abatement
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