Subsidy Tracker Individual Entry

Company: 
National Broadcasting Company (NBC)
Parent Company: 
Comcast
Subsidy Source: 
local
Location: 
New York
Address: 
30 Rockefeller Plaza
Zip: 
10020
Project Description: 

The Agency entered into negotiations with the Lessee to induce the Lessee to construct, reconstruct, renovate, upgrade, improve, repair, replace, equip, and install from time to time facilities, systems, equipment and other capital improvements to or within the space occupied and to be occupied by the Lessee at Rockefeller Center for use by the Lessee primarily in the pre-production, production, post-production, broadcasting, transmission, and reception of television, radio and other programming, broadcasting and other entertainment and informational services and facilities and related operations and for executive and administrative offices.

Year: 
2009
Major Industry of Parent: 
telecommunications
Specific Industry of Parent: 
telecommunications; media
Subsidy Value: 
$9,540,150
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: 
1,271
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: 
If an online information source is not working, check the Tracker inventory page for an updated link.