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The Giuliani administration agreed to give the exchange the largest subsidy package in city history.
According to three people involved in the discussions, they are offering a subsidy package worth about $50 million.
On January 7th the White House offered steel makers a subsidy package that includes $300m of tax breaks.
Then the company batted its eyes at New Jersey, and officials there dangled a $100 million subsidy package.
Like the produce cooperative, Fresh Direct, which is based in Queens, had threatened a move to New Jersey, which was offering a generous subsidy package of its own.
Good and bad behaviour Girl power plays ReprintsPresident Clinton has offered the industry a subsidy package that includes $300m in tax breaks.
Similar(29)
Similar subsidy packages have been given to 15 other solar- and wind-power electric plants since 2009.
The Bloomberg administration has tried to eliminate or scale back the subsidy packages for companies threatening to relocate.
WHO BUYS IN SURREY One of the "home counties" around London, Surrey has long been a center for expatriate bankers and executives, many of whom enjoy subsidy packages from their employers.
Chris Christie has granted more nine-figure subsidy packages than any governor in U.S. history--thirteen--and seven of those are $200 million or more.
The company, which was founded in Lower Manhattan during the Civil War and once had a landmark headquarters on Madison Avenue, moved most of its operations to Queens in 2001 after getting a subsidies package from the city.
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