The great Snapple Deal windfall continues to elude the city. Last month, the city was forced to renegotiate its deal with the tea-maker after revenue from sales fell $93 million short of the $126 million the city had projected.
Now, Crain’s reports, Comptroller William Thompson is charging that New York City Marketing (the company responsible for dreaming up these “branding” opportunities for the city) owes the city of more than $200,000 in commissions from Snapple. New York City Marketing begs to differ.
– Lizzy Ratner