Subsidy Tracker Individual Entry

Company: 
Trump World Tower
Parent Company: 
Trump Organization
Subsidy Source: 
local
Location: 
New York
County: 
New York
Project Description: 

condominium

Year: 
2003
Major Industry of Parent: 
real estate
Specific Industry of Parent: 
real estate
Subsidy Value: 
$119,500,000
Program Name: 
property tax abatement
Awarding Agency: 
Division of Housing Finance
Type of Subsidy: 
MEGADEAL
Source of Data: 

The subsidy value comes from: Charles V. Bagli, "A Trump Empire Built on Inside Connections and $885 Million in Tax Breaks," New York Times, September 17, 2016; online at http://www.nytimes.com/2016/09/18/nyregion/donald-trump-tax-breaks-real-...

Notes: 

The Trump Organization was originally turned down for a 421-a property tax abatement, but after filing a lawsuit it won a 10-year award in 2003.

Source Notes: 
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