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Some of the most well known major public benefit corporations in New York State include the Port Authority of New York and New Jersey (actually a bi-state authority created by interstate compact ), the Metropolitan Transportation Authority, and the Empire State Development Corporation.
The following list of New York companies includes notable companies that are, or once were, headquartered in New York
The State of New York Mortgage Agency ( SONYMA or Sonny Mae) is a New York State public-benefit corporation created in 1970 by the state government of New York to provide affordable homeownership to low- and moderate-income New Yorkers. It offers affordably priced fixed-rate mortgages through several mortgage programs for eligible homebuyers.
The New York State Department of State ( NYSDOS) is the department of the New York state government under the leadership of the Secretary of State of New York. [1] Its regulations are compiled in title 19 of the New York Codes, Rules and Regulations .
They are municipal corporations, chartered (created) by the New York State Legislature, as under the New York State Constitution the only body that can create governmental units is the state. All of them have their own governments, sometimes with no paid employees, that provide local services. [1]
New York City Economic Development Corporation (NYCEDC) is a public-benefit corporation that serves as the official economic development organization for New York City. NYCEDC gives its mission as strengthening business confidence in New York City, diversifying the city's economic sectors, and delivering sustainable infrastructure.
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