Company: News America Publishing, Inc. Parent Company: News Corp. Subsidy Source: local Location: New York Address: 1211 Avenue of the Americas Zip: 10020 Project Description: The (i) authorizing among other things, the leasing (and-sub leasing) of the Facility Realty (as defined in the Amended and Restated Lease Agreement) to News America, the leasing (and subleasing) and licensing (and sublicensing), as the case may be of the Project Personalty (as defined in the Amended and Restated Lease Agreement) to the Lessees, the construction from time to time of Tenant Improvements to the Facility Realty and the acquisition (by purchase, Lease or license) from time to time of the furniture, machinery, equipment and certain other tangible personal property for use at the Approved News America City Locations by News America and its Eligible Affiliates within the City, all for use in conducting the News America Business, as defined in the Amended and Restated Lease Agreement and (ii) undertaking to issue from time to time its industrial development revenue bonds to finance the costs of the Project. New America is the tenant under a certain agreement of lease Year: 2009 Major Industry of Parent: media Specific Industry of Parent: media Subsidy Value: $1,119,670 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: 3,637 Source of Data: (click here) 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.