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Please note that data are cataloged by fiscal years. For more info see our user guide.

New York City, NY Revenue Losses from Subsidy Programs

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YearProgram NameProgram Type sort iconGross Revenue LossReimbursement / offsetNet Revenue LossType of Loss
2021Division of Alternative Management Programs (DAMP)Housing$19,400,000$0$19,400,000Active
2021J51 ProgramHousing$295,900,000$0$295,900,000Active
2022J51 ProgramHousing$272,500,000$0$272,500,000Active
2022Division of Alternative Management Programs (DAMP)Housing$48,000,000$0$48,000,000Active
2015Commercial Growth and Industrial Incentive ProgramsJob Creation/Retention$800,000$0$800,000Active
2015Commercial Growth and Industrial Incentive ProgramsJob Creation/Retention$3,600,000$0$3,600,000Active
2015Commercial Growth and Industrial Incentive ProgramsJob Creation/Retention$22,000,000$0$22,000,000Active
2015Commercial Growth and Industrial Incentive ProgramsJob Creation/Retention$26,000,000$0$26,000,000Active
2015Relocation and Assistance Programs— Lower Manhattan Relocation & Employment AssistanceJob Creation/Retention$27,000,000$0$27,000,000Active
2015Flexible Rebate ProgramJob Creation/Retention$65,100,000$0$65,100,000Active
2016Commercial Growth and Industrial Incentive ProgramsJob Creation/Retention$2,000,000$0$2,000,000Active
2016Commercial Growth and Industrial Incentive ProgramsJob Creation/Retention$5,000,000$0$5,000,000Active
2016Commercial Growth and Industrial Incentive ProgramsJob Creation/Retention$8,800,000$0$8,800,000Active
2016Relocation and Assistance Programs— Lower Manhattan Relocation & Employment AssistanceJob Creation/Retention$22,000,000$0$22,000,000Active
2016Commercial Growth and Industrial Incentive ProgramsJob Creation/Retention$28,600,000$0$28,600,000Active
2016Commercial Growth and Industrial Incentive ProgramsJob Creation/Retention$74,600,000$0$74,600,000Active
2017Commercial Growth and Industrial Incentive ProgramsJob Creation/Retention$568,000$0$568,000Active
2017Commercial Growth and Industrial Incentive ProgramsJob Creation/Retention$1,800,000$0$1,800,000Active
2017Commercial Growth and Industrial Incentive ProgramsJob Creation/Retention$3,600,000$0$3,600,000Active
2017Relocation and Assistance Programs— (R E A P), Lower Manhattan Relocation and E mployment Assistance Program for Eligible Benefits (L M R E A P-E B) and Lower Manhattan Relocation and E mployment Assistance Program for Special Eligible Benefits (L M R E A P-SE B)Job Creation/Retention$28,000,000$0$28,000,000Active
2017Commercial Growth and Industrial Incentive ProgramsJob Creation/Retention$29,500,000$0$29,500,000Active
2017Commercial Growth and Industrial Incentive ProgramsJob Creation/Retention$51,000,000$0$51,000,000Active
2018Major Capital Improvement (MCI) ProgramProperty improvements$18,500,000$0$18,500,000Active
2020Major Capital Improvement (MCI) ProgramProperty improvements$16,600,000$0$16,600,000Active
2021Major Capital Improvement (MCI) ProgramProperty improvements$17,700,000$0$17,700,000Active
2022Major Capital Improvement (MCI) ProgramProperty improvements$21,400,000$0$21,400,000Active
2015Commercial Revitalization & Commercial Expansion ProgramsReal estate development (commercial)$15,500,000$0$15,500,000Active
2015Industrial and Commercial Incentive Program & Abatement ProgramReal estate development (commercial)$700,100,000$0$700,100,000Active
2016Commercial Revitalization & Commercial Expansion ProgramsReal estate development (commercial)$18,500,000$0$18,500,000Active
2016Industrial and Commercial Incentive Program & Abatement ProgramReal estate development (commercial)$709,400,000$0$709,400,000Active
2017The Com mercial Revitalization (C R P) and Com mercial Expansion (C E P) ProgramsReal estate development (commercial)$18,400,000$0$18,400,000Active
2017Industrial and Com mercial Incentive Program (ICIP) and Industrial and Com mercial Abatement Program (IC A P)Real estate development (commercial)$740,600,000$0$740,600,000Active
2015Sports Arena Used by the N H L and N B ASports and other mega events$44,000,000$0$44,000,000Active
2016Sports Arena Used by the N H L and N B ASports and other mega events$41,500,000$0$41,500,000Active
2017Sports Arena Used by the N H L and N B ASports and other mega events$42,000,000$0$42,000,000Active
2018Sports Arean Used by NHL and NBASports and other mega events$42,400,000$0$42,400,000Active
2019Sports Arena Used by the NHL and NBASports and other mega events$43,100,000$0$43,100,000Active
2020Sports Arean Used by NHL and NBASports and other mega events$42,500,000$0$42,500,000Active
2021Sports Arean Used by NHL and NBASports and other mega events$43,900,000$0$43,900,000Active
2022Sports Arena Used by NHL and NBASports and other mega events$43,200,000$0$43,200,000Active
TABULATED TOTAL$28,935,380,000$0$28,935,380,000