Subsidy Tracker Individual Entry

Company: 
Citigroup, Inc.
Parent Company: 
Citigroup
Subsidy Source: 
local
Location: 
New York
Address: 
599 Lexington Avenue
Zip: 
10022
Project Description: 

Current # of FTEs reflects FY08 employment; The acquisition (whether by lease or by purchase), installation and maintenance of machinery, equipment and certain other tangible personal property, all for the operation of Travelers' and SBI's world and national headquarters, and front office and back office space (including securities clearance operations) within the City and for the providing of financial services, investment banking, consumer financial services, life insurance, property and casualty insurance services and other related operations.

Year: 
2010
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities
Subsidy Value: 
$4,673,206
Program Name: 
Industrial Development Agencies
Awarding Agency: 
New York City Industrial Development Agency
Type of Subsidy: 
tax credit/rebate; property tax abatement
Notes: 

Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes.

Source Notes: 
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