Monthly Subsidy Alerts

Monthly Subsidy AlertTo help promote the monthly public hearings at the New York City Industrial Development Agency and other agencies that allocate economic development subsidies, GJNY created a monthly email “subsidy alert”. The email has information about upcoming hearings of subsidized development proposals as well as news about current projects. On this page you will find a history of public hearing notices dating back to 2002.

In addition to our monthly listserve, as of 2010 you can sign up to receive public hearing notices directly from the Industrial Development Agency.

Thanks to increased transparency measures at the IDA, all current project applications and cost/benefit analyses are available to the public twelve calendar days before the hearing. Project materials are posted on the website of the New York City Industrial Development Agency and on the GJNY website when they become available. If you need a hard copy of the materials or plan to make a statement at the hearing, please contact the public records access officer at publichearings@nycedc.com or call 212-312-3598.

Also, thanks to improved transparency efforts at the IDA, public hearings and board meetings are now available as streaming audiocasts for three days following each meeting. Audiocasts are found on the IDA Public Hearing page of the EDC website.

Which Firms Are Applying for an NYC Subsidy this Month?
02/16/2012

Which Firms Are Applying for an NYC Subsidy in March?

In the public notice this month: 1000 Dean LLC, a business incubator operator; Baco Enterprises Inc.; East Gun Hill Road Food LLC; Halmark Architectural Finishing Corp; United Jewish Appeal-Federation of Jewish Philanthropies of New York, Inc.

The next public hearing of the New York City Industrial Development Agency will be held on Wednesday March 7, 2012. 

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12/16/2011

Subsidy Alert: January 2012

Big Farm Corp., Extell GT (International Gem Tower), Fresh Direct, LLC and U.T.F. Trucking, Inc., Fuertes Gun Hill Road LLC, and Women Work Construction Corp

To learn how the Board of Directors voted on these projects, see the agency "board books" here.   

**Update: 1/5/12 Read GJNY's testimony regarding the subsidy proposal for Extell GT (International Gem Tower) from the January 5, 2012 public hearing. On January 10, 2012 the IDA board voted to approve benefits for this project.

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11/10/2011

Subsidy Alert: December 2011

The December 2011 public hearing of the New York City Industrial Development Agency was cancelled.

Proposed projects: Fresh Direct, LLC and U.T.F. Trucking Inc., and Fuertes Gun Hill Road LLC on behalf of East Gun Hill Road Food LLC

To learn how the Board of Directors voted on these projects, see the agency "board books" here.   

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10/13/2011

Subsidy Alert: November 2011

Macy’s Inc

To learn how the Board of Directors voted on this project, see the agency "board books" here

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09/21/2011

Subsidy Alert: October 2011

Smith Electric Vehicles (**updated), Jetro Cash & Carry, Kingdom Castle Food Corp.

To learn how the Board of Directors voted on these projects, see the agency "board books" here.  

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09/01/2011

Subsidy Alert: September 2011

Good Food For Less, LLCJetro Cash & Carry, Oh Nuts Warehousing Inc.

To learn how the Board of Directors voted on these projects, see the agency "board books" here.  

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06/21/2011

Subsidy Alert: July 2011

Aucapina Cabinets Inc, Pain D’Avignon III, Ltd.Avon Products, Inc, and Wild Edibles Inc.

To learn how the Board of Directors voted on these projects, see the agency "board books" here.  

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05/20/2011

Subsidy Alert: June 2011

Baco Enterprises, Bogopa, Inc.(multiple), Salmar Properties, LLCMesorah Publications, Ltd National Environmental Safety Company, Pain D'Avignon III, Ltd., Bower Inc., Kingdom Castle Food Corp

To learn how the Board of Directors voted on these projects, see the agency "board books" here.  

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05/12/2011

Subsidy Alert: May 2011

Hudson Moving & Storage Co., Inc., Saja Food Corp., National Environmental Safety Company, Inc.,  Pain D’Avignon III, Ltd., Kingdom Castle Food Corp., Royal Seafood Baza, Inc

To learn how the Board of Directors voted on these projects, see the agency "board books" here.  

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