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Subsidy Tracker Individual Entry

Company: Credit Suisse First Boston Corp.
Parent Company: UBS
Subsidy Source: local
Location: New York
City: NEW YORK
Address: 11 Madison Avenue
Zip: 10010
Project Description: Current number of FTEs reflects FY16 employment, Credit Suisse First Boston Corp is a full service global investment banking and securities firm. First Boston is located in 5 locations throughout New York City. The project will assist First Boston in consolidating its New York City operations thus creating a more efficient and competitive institution. The bond proceeds will be used to finance eligible leasehold improvements as well as the purchase/lease of furniture, fixtures, machinery and equipment at the location listed above and the five existing locations over a twenty year period.
Year: 2017
Major Industry of Parent: financial services
Specific Industry of Parent: banking & securities
Subsidy Value: $3,390,170
Program Name: Industrial Development Agencies
Awarding Agency: New York City Industrial Development Agency
Type of Subsidy: tax credit/rebate
Capital Investment: $0
Source of Data: (click here)
Notes: Subsidy value is total for the year of property tax abatements and sales tax exemptions less the net of payments in lieu of taxes. See original source for jobs and wage information. Description merges a general industry description with a project specific description as provided in the disclosure.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.