Company: Hearst Corporation, The Parent Company: Hearst Subsidy Source: local Location: New York Address: 959 8th Avenue Year: 2007 Major Industry of Parent: media Specific Industry of Parent: media Subsidy Value: $7,579,974 Program Name: Industrial Development Agencies Awarding Agency: New York City IDA Type of Subsidy: tax credit/rebate; property tax abatement Number of Jobs or Training Slots: 3,634 Source of Data: unpublished data obtained by New York Jobs with Justice (now ALIGN: The Alliance for a Greater New York) from the New York State Comptroller's Office and the New York State Authorities Budget Office. Notes: Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes. Jobs figure is sum of original estimates of the number of jobs to be created and retained. The Investment Data figure is the total value of the project. Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.