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MegadealsSubsidy Tracker Individual Entry
Company: CBS, Inc.
Parent Company:
Paramount Global
Subsidy Source: local
Location: New York
City: NEW YORK
Address: 1515 Broadway
Zip: 10038
Project Description: Transportation, Communication, Electric, Gas and Sanitary Services; Current # of FTEs reflects FY18 employment. The Company has entered into negotiations with repsect to the construction of improvements and renovations of the facilities and to the Ed Sullivan Theatre, and the acquisistion of machinery, equipment and certain other tangible personal property, all for use in the production, transmission and operation of television and radio broadcasting.
Year: 2019
Major Industry of Parent: media
Specific Industry of Parent: media
Subsidy Value: $3,115,500
Program Name: Industrial Development Agencies
Awarding Agency: New York City Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 3,946
Wage Data: $0
Wage Data Type: yearly salary
Capital Investment: $0
Source of Data:
(click here)
Notes: Year is fiscal year. Subsidy value is total for the year of property tax abatements and sales tax exemptions less the net of payments in lieu of taxes. Jobs data is total current FTE. Wage data is estimated yearly salary created. See original source for further details on jobs and wage information. Description merges a general industry description with a project specific description as provided in the disclosure. Investment is total project cost.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.