Subsidy Tracker Individual Entry
broadcasting company offices and studios
The subsidy value and breakdown as well as the projected number of retained jobs came from: Alan Finder, "New York City Prestige Outweighs Lower Costs in Jersey, NBC Chief Says," New York Times, December 9, 1987.
NBC, which claimed it was considering a relocation to New Jersey, received property tax abatements (via a payment-in-lieu-of-taxes agreement) worth $73 million and sales tax exemptions on construction materials and machinery worth $25 million. Overlaps with main Subsidy Tracker data: $8.3 million NYC Commercial Growth Project entry for 1988.