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MegadealsSubsidy Tracker Individual Entry
Company: News America Publishing, Inc.
Parent Company:
News Corp.
Subsidy Source: local
Location: New York
County: New York
Address: 1211 Avenue of the Americas
Year: 2006
Major Industry of Parent: media
Specific Industry of Parent: media
Subsidy Value: $256,708
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: 6,968
Capital Investment: $198,000,000
Source of Data: unpublished data obtained by New York Jobs with Justice (now ALIGN: The Alliance for a Greater New York) from the New York State Comptroller's Office and the New York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.