Television City
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Revision as of 21:55, 30 September 2019 by Geoff (talk | contribs) (Created page with "<ul> <li><b>Donald Trump demanded $20 million in tax abatements from New York City Mayor Ed Koch in a plan to develop a new corporate headquarters for NBC and called Koch a "m...")
- Donald Trump demanded $20 million in tax abatements from New York City Mayor Ed Koch in a plan to develop a new corporate headquarters for NBC and called Koch a "moron" when the mayor refused to allow the tax breaks. “In the last three weeks, Mr. Trump and the mayor have waged a bitter public relations battle over NBC. Mr. Trump is seeking a 20-year tax abatement on Television City as a way of luring NBC to his ambitious West Side project. Mr. Koch has offered tax abatements on those segments of the development that would house NBC, but he has balked at giving what he calls excessive tax incentives to Mr. Trump, whom he has accused of ‘squealing like a struck pig.’ Mr. Trump, meanwhile, has called the mayor a ‘moron’ and suggested he was losing NBC to New Jersey. The network is considering three sites for its studios and 4,000 jobs: moving to a facility to be developed by Hartz Mountain Corp. in the Meadowlands, relocating to Mr. Trump's Television City, or renovating its current Rockefeller Center headquarters.” (Crain’s New York Business, June 15, 1987)
