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Subsidy Tracker Individual Entry

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.
Year: 2011
Major Industry of Parent: media
Specific Industry of Parent: media
Subsidy Value: $203,297
Program Name: Industrial Development Agencies
Awarding Agency: New York City Industrial Development Agency
Type of Subsidy: tax credit/rebate; property tax abatement
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.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.