John Liu

Liu Questions $100M Fresh Direct Subsidy

By
WNYC Newsroom
WNYC News | Feb 15, 2012

The city's Industrial Development Agency has approved giving a $100 million subsidy to food retailer Fresh Direct for their new headquarters in the Bronx.

Critics such as City Comptroller John Liu have questioned the decision. He said subsidies to a private company cannot be justified when the money could be used to pay teachers or underwrite student scholarships.

Fresh Direct said it would spend more than $112 million to build the headquarters and that the project will create some 1,000 new jobs.

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