Subsidy Tracker Individual Entry

Company: 
American Broadcasting Company, Inc. (1991)
Parent Company: 
Walt Disney
Subsidy Source: 
local
Location: 
New York
Address: 
147 Columbus Avenue
Zip: 
10023
Project Description: 

The Company entered into a Commercial Incentive Bond project with NYCEDC on March 1, 1991 for a project total of $42,875,000 to construct a ten (10) story building a located at 147 Columbus Avenue, New York, New York and to acquire and install machinery and equipment in connection therewith for use by the Company in television broadcasting and related support operations.;

Year: 
2009
Major Industry of Parent: 
entertainment
Specific Industry of Parent: 
entertainment
Subsidy Value: 
$762,953
Program Name: 
Industrial Development Agencies
Awarding Agency: 
New York City Industrial Development Agency
Type of Subsidy: 
tax credit/rebate; property tax abatement
Number of Jobs or Training Slots: 
0
Capital Investment: 
$42,875,000
Notes: 

Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes. Jobs number is total of estimated created and estimated retained (including construction jobs).

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.