Thompson Warms to IDA Role, Assails Related Companies' Bronx Plans

A seat on the board of the Industrial Development Agency is not the most illustrious post in city government. The agency devotes itself to arranging and approving tax incentive packages and tax-free financing for various industrial and commercial city firms, and the board itself is controlled by the Bloomberg administration, which appoints the chairman.

And for a long while, city comptroller and mayoral hopeful Bill Thompson hardly made much of a public show of...

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