Subsidy Tracker Individual Entry

Company: 
General Motors Corporation
Parent Company: 
General Motors
Subsidy Source: 
local
Location: 
New York
Address: 
767 Fifth Avenue
Zip: 
10022
Project Description: 

Taxable Bond Amount: 7500000.00; The project consistst of upgrading its New York City operations through the construction and installation of tenant improvements to the premises; and the acquisition, leasing and maintenance of facility equipment at the project location all for use by the Company and its entities in its business.;

Year: 
2009
Major Industry of Parent: 
motor vehicles
Specific Industry of Parent: 
motor vehicles
Subsidy Value: 
$14,507
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: 
56
Capital Investment: 
$20,882,000
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: 
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