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Subsidy Tracker Individual Entry

Company: New York Mercantile Exchange (now owned by CME Group)
Parent Company: CME Group
Subsidy Source: multiple
Location: New York
County: New York
Project Description: headquarters for commodities exchange
Year: 1994
Major Industry of Parent: financial services
Specific Industry of Parent: financial services
Subsidy Value: $168,000,000
Subsidy Value in 2023 Dollars: $343,570,323
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy: 
Number of Jobs or Training Slots: 8,100
Source of Data: The subsidy value and breakdown as well as the projected number of retained jobs came from: Steven Lee Myers, "Exchange to Build and Stay in Manhattan," New York Times, August 5, 1994.
Notes: The exchange, which claimed it was considering a relocation to Jersey City, received property tax abatements worth $43 million and construction assistance of $125 million. The main Subsidy Tracker data includes a $5 million NYC Job Creation and Retention entry for 2002 but this is a separate award.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.