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.

05/17/2012

Subsidy Alert: June 2012

In the public notices for June 2012: B.C.S. International Corporation, Carnegie Linen Services, Inc., The Brooklyn Union Gas Company (d/b/a National Grid New York), Lobonav Corp., CookiesKids.com Inc., (the hearing for CookiesKids.com has been postponed ReyCo Supermarkets LLC, Y-M-G-Y Development Group, Inc., Danforth Victoria Development Partners, LLC, Aero JFK, LLC

More...
04/10/2012

Subsidy Alert: May 2012

In the public notices for May 2012: Eli Equities LLC on behalf of Soho Studio Corp.; Idlewild 228th Street LLC; 1635 Lex Realty Corp. on behalf of ReyCo Supermarkets LLC; Royalton Realty Associates, LLC; Wolfsgleek, LLC; Hudson Yards Commercial Construction Project for the benefit of ERY Tenant LLC

More...
03/08/2012

Subsidy Alert: April 2012

In the public notices for April: 5 Bay Street LLC; Big Farm Corp.;  Carnegie Linen Services, Inc.; and Richards Plumbing & Heating Co. Inc., YMCA of Greater New York, and Montefiore Medical Center.

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

Public hearing of the New York City Industrial Development Agency held on Thursday April 5, 2012  

More...
02/16/2012

Subsidy Alert: March 2012

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

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

Public hearing of the New York City Industrial Development Agency held on Wednesday March 7, 2012. 

More...
01/10/2012

Subsidy Alert: February 2012

Manhattan Beer Distributors, Big Farm Corp., Fresh Direct, LLC and U.T.F. Trucking, Inc.,  Accurate Specialty Metal Fabricators, and Women Work Construction Corp.

View more information on the Fresh Direct subsidy package including testimony by GJNY and others, and news highlights.

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

More...
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.

More...
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.   

More...
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

More...
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.  

More...
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.  

More...