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Protesters “occupy” JP Morgan in Downtown Brooklyn

Brooklyn Downtown Star, By Lisa A. Fraser November 16, 2011.  On Thursday, November 10, a group of nearly three-dozen protesters with the Alliance for a Greater New York (ALIGN), Families United for Racial and Economic Equality (FUREE) and the Occupy Wall Street movement gathered in front of JP Morgan Chase at MetroTech Center to demand “good jobs, not giveaways.”


Will Phoenix stay a good neighbor?

Brooklyn Daily Eagle, November 15, 2012. The port is an environmental asset for New York. On balance, it pollutes less than other ways of transporting goods to our region. But the port is a dirty business for the Columbia Waterfront and Red Hook. One of our biggest problems is port truck pollution.


Stats for 2009 show little return for IDA tax breaks

The Daily Gazette, By David Lombardo, November 14, 2011. Based on statistics released by the state Comptroller’s Office for the year 2009, the Alliance for a Greater New York and the Buffalo based Coalition for Economic Justice put out a report detailing what they characterized as useless tax incentives by IDAs. IDAs are local economic development agencies that are able to provide incentives to companies that promise expansion or job creation.

 


J.P. Morgan Chase slammed on city subsidies for downtown Brooklyn’s MetroTech

New York Daily News, By Erin Durkin, November 12, 2011.  J.P. Morgan Chase is raking in millions in city subsidies for its downtown Brooklyn buildings — but falling far short on it promises to bring jobs to the borough, advocates charge. Chase Manhattan Bank, which has since merged with J.P. Morgan, pledged to bring 5,000 jobs to two buildings at the MetroTech Center when it signed a 25-year deal for $235 million in tax breaks and other subsidies in 1989.


Protesters attack IDA tax breaks in suburbs

Buffalo News, By Stephen T. Watson and Matt Glynn November 11, 2011. An activist group Thursday rallied against tax breaks awarded for the expansion of a car dealership in Amherst, one day after a restaurant/retail project in Lancaster also got tax breaks. Critics are pointing to these and similar projects as examples of industrial development agencies granting generous tax breaks to enterprises that don’t spur economic growth or create jobs.

 


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