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MegadealsSubsidy 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
Subsidy Value in 2023 Dollars: $199,004,262
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
(click here)
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: If an online information source is not working, check the Tracker
inventory page for an updated link.