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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRupert Murdoch, welfare queen
The Port Authority of New York and New Jersey wants to encourage 21st Century Fox and News Corp. to move their headquarters to the yet-to-be-built 2 World Trade Center. And at its meeting on Thursday, the board unanimously approved what it called a $9 million subsidy to convince the companies to relocate. But critics wonder whether those corporate giants should be given this kind of carrot by the Port a public agency.
Margaret Donovan is with the Twin Towers Alliance, a group which has long battled with the agency and developer Larry Silverstein about the World Trade Center site. "You can and should tell Larry Silverstein and Rupert Murdoch to figure it out without us," she said. "They can well afford it."
The Murdoch-owned companies are considering renting about 1.5 million square feet. Agency chairman John Degnan said giving them a "modest" rent break made sense, because the proposed deal would help spur the construction of the building by landing a name-brand anchor tenant. ......................(more)
http://www.wnyc.org/story/port-authority-approves-subsidies-murdoch/
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Rupert Murdoch, welfare queen (Original Post)
marmar
Dec 2015
OP
JEB
(4,748 posts)1. Should be a surcharge for assholes. nt
olddots
(10,237 posts)3. a vicious cycle of greed and war
Murdoch is the benchmark for capitalistic facists .
Doctor_J
(36,392 posts)4. Yep. the MLB and NFL owners are all Republicans too. Yet working stiffs buy them new billion-
dollar stadiums all the time. that's how Too Stupid To Be President (il Dunce' is my name for him) got rich. the only business he didn't run into the ground.
spanone
(135,831 posts)5. subsidizing fake news...how american