Subsidy Alert: September 2011
To learn how the Board of Directors voted on these projects, see the agency "board books" here.
This month the IDA will be reviewing applications from the following three projects:
One Brooklyn firm is applying for subsidy through the Industrial Incentive Program:
- Good Food For Less, LLC, a food market offering natural and organic food to be located at 363 Stanley Avenue, Brooklyn, NY 11207
Two Queens firms are applying for subsidies through the Industrial Incentive Program
- Jetro Cash & Carry Enterprises, LLC, a Delaware corporation engaged in wholesale and distribution of paper goods, cleaning supplies, food equipment and food located at 43-40 57th Ave, Maspeth Queens 11378.
- Oh Nuts Warehousing Inc., a New York corporation engaged in manufacture and distribution of chocolates, nuts, candy, snacks and mixes, etc., located at 125-65 168th Street, Jamaica, Queens 11434.
The public hearing(s) will be held at the offices of the New York City Economic Development Corporation.
Want to know who applied for a subsidy? Sign up for our "Subsidy Alert"
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.
Learn about major corporate giveaways to the financial industry, sports facilities and retail developments in New York City.