Company: Citicorp (now Citigroup) Parent Company: Citigroup Subsidy Source: local Location: New York City: Queens County: Queens Project Description: banking back offices Year: 1989 Major Industry of Parent: financial services Specific Industry of Parent: banking & securities Subsidy Value: $90,000,000 Program Name: multiple Awarding Agency: New York City Industrial Development Agency Type of Subsidy:
Number of Jobs or Training Slots: 3,300 Source of Data: The subsidy value comes from: Pay, Or We (Might) Go (New Jersey Policy Perspective and Good Jobs New York, June 2007), p.3; online at (click here) The projected number of jobs to be relocated from Manhattan to Queens came from: Caryn Eve Wiener, "Moving Day: Citi Goes to Queens," New York Newsday, February 2, 1989. Notes: The subsidy consisted of various as-of-right tax breaks. Overlaps with main Subsidy Tracker data: none. Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.