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MegadealsSubsidy Tracker Individual Entry
Company: CBS, Inc.
Parent Company:
Paramount Global
Subsidy Source: local
Location: New York
Address: 1515 Broadway
Zip: 10038
Project Description: CBS Inc is requesting IDA financing for the purpose of making improvements to Broadcast Center Properties and machinery and equipment purchases for use by CBS Inc. within the City of New York. The parties currently anticipated that the bond amount for eligible items will be approximately $400 million for the entire project.
Year: 2009
Major Industry of Parent: media
Specific Industry of Parent: media
Subsidy Value: $5,542,297
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: 621
Source of Data:
(click here)
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.