Gotham Gazette

The Place for New York Policy and politics

Subsidy

Subsidy

  • Stringer de Blasio press conference

    Comptroller Stringer, the author, at a press conference (photo: NYCHA)


    What if I told you that moving your business to New York City could land you $3 billion in subsidies? Even better, what if getting those billions didn’t even require publicly disclosing key information required to qualify for the money in the first place?

    If that sounds like a great deal to you, you’re in good company because Amazon is taking advantage of secrecy and subsidies baked into our outdated system of tax incentives. We all know the Amazon deal to

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