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Who's applying for a subsidy this
month?
Learn about
NYC's biggest
subsidy deals
Stadium Subsidies Research and Analysis
What is a
Community Benefits
Agreement?
Who
controls NYC's development funds?
What
they are saying about corporate giveaways
Good Jobs New York
11 Park Place, #701 New York, NY 10007
The Great American Jobs Scam:
from 
Promoting fair and effective use of economic development
resources after September 11, 2001
Corporate Tax
Dodging and the
Myth of Job Creation
by Greg LeRoy,
executive director of
Good Jobs First
(Now available in bookstores)
Berret - Koehler
www.bkpub.com
Website maintained by
Welcome to Good Jobs New York
Good Jobs New York promotes policies that hold government officials and corporations accountable to the taxpayers, particularly when economic development agencies give subsidies to large corporations that threaten to leave New York City.GJNY News:
The New York Daily News
reports
congress is investigating whether NYC officials inflated land values for
the new Yankee Stadium.
Together with the Manhattan
Borough President, GJNY releases
Manhattan Subsidy Snapshots.
City Council's Committee on
Parks & Recreation holds a hearing on the status of the Yankee Stadium
Replacement Parks. View testimony here.
Good government, park advocacy
and community groups send an open letter to New York City Congressional
Members demanding they deny federal subsidies for sports facilities.
View the letter here.
GJNY testifies on a proposal to
change the powers of the NYC Capital Resource Corporation.
Read more
here.
Manhattan Borough President
releases Senseless Subsidies. Read more
here.
More subsidies proposed for
Major League Baseball in NYC, along with subsidies for a new Harlem
development. Read more here.
City
questions Madison Square Garden's property tax exemptions.
Read GJNY's Testimony Here.
Older News:
City offers subsidies and land to
Downtown Brooklyn developers.
Read about the proposal to redevelop the
Albee Square Mall.
City offers NBC third
subsidy in past 20 years.
Read about it here.
Subsidies proposed for New York City's first
biodiesel plant.
Learn more.
City lets Metropolitan Life escape its
subsidy commitments.
Read GJNY's response.
City proposes $37.5 million in tax breaks
for development of a Diamond Tower in Midtown.
Learn more about the project.
City enacts subsidy transparency policies.
Read about the improved transparency
measures approved by the board of the NYC Industrial Development Agency
on September 12, 2006.
Groundbreaking is held for Gateway Center at
Bronx Terminal Market. Learn more about
taxpayer subsidies for the project.
City
proposes massive subsidy program for commercial projects in the Hudson
Yards area.
Read about the plan to offer tax breaks and
use PILOT payments to service the debt needed to finance the extension
of the 7 Line.
New York State legislature approves largest
subsidy deal in State history.
Learn more about the $1.2 billion subsidy to
Advanced Micro Devices.
News on the redevelopment of
Ground Zero and the effectiveness of Lower Manhattan business incentive
programs.
Click here
for more information.
Read An Open Letter from
Civic Groups in New York on 9/11 and Katrina.
Proposed
Goldman Sachs subsidy for Lower Manhattan resurfaces. Click
here for more information on the full subsidy
package and to read GJNY's testimony.
City Council holds hearing on linking
economic development and community development. Read GJNY's
testimony.
City Council passes subsidy
transparency legislation - Intro 373-A. Click
here for details.
GJNY's exposé on Zone
Equivalent Area (ZEA) program leads to removal of wasteful tax
credit from State budget. Former beneficiaries include Giuliani
Partners, Ernst & Young, Morgan Stanley, Fox News and others
NYC Economic Development Corporation
posts city's 2004 subsidy disclosure report on its
website after GJNY releases
online version of city's subsidy
disclosure report.
Updated August 14, 2008