Subsidy Alert: December 2011
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.
Thanks to increased transparency measures being phased in at the IDA, all current project applications and cost/benefit analyses will be made available to the public twelve calendar days before the hearing. For the December hearing, copies of project materials will be posted on the website of the New York City Industrial Development Agency and on the GJNY website when they are available. If you need a hard copy of the materials or plan to make a statement at the hearing, please contact Frances Tufano at email@example.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.
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GJNY takes a close look at the proposed subsidy package--worth nearly $130 million--for Fresh Direct to relocate to the South Bronx. In early 2012, Fresh Direct started a bidding war between New York City and New Jersey officials when it threatened to leave its current home in Long Island City, Queens. Learn more about the subsidies, job promises and the efforts of residents to block the on-line grocery retailer's move to their waterfront.
As government aid begins to flow into areas devastated by Hurricane Sandy, Good Jobs New York will provide analysis and recommendations regarding these resources that promote a transparent and equitable allocation of funds that go to individuals and businesses that need it most.
Our database contains information on thousands of companies that received economic development subsidies in New York City.
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