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Empire State Development (ESD) is the umbrella organization for New York's two principal economic development public-benefit corporations, the New York State Urban Development Corporation (UDC) and the New York Job Development Authority (JDA). [4] The New York State Department of Economic Development (DED) is a department of the New York ...
The New York State Constitution, Art.X, sec. 5, provides that public benefit corporations may only be created by special act of the legislature. In City of Rye v. MTA, 24 N.Y.2d 627 (1969), the court of appeals explained that "The debates of the 1938 Convention indicate that the proliferation of public authorities after 1927 was the reason for the enactment of section 5 of article X....
The Dormitory Authority of the State of New York (DASNY / ˈdæzniː /) provides construction, financing, and allied services which serve the public good of New York State. More specifically, as a New York State public-benefit corporation, DASNY provides services for public and non-proprietary (i.e., nonprofit) private universities in New York ...
Posted Thu, Oct 28, 2021 at 3:59 pm ET. Long Island's Kevin Law has been nominated by Gov. Kathy Hochul to lead the Empire State Development Corporation. (Patch graphic) LONG ISLAND, NY — Kevin ...
New York City Industrial Development Agency (NYCIDA) is a public benefit corporation under New York State law that provides companies with access to tax-exempt bond financing or tax benefits to strengthen and diversify the City’s tax and employment base, helps businesses locate and expand their operations within New York City, and encourages ...
Farmingdale State College President John Nader thanked Gov. Kathy Hochul, the Empire State Development Corporation, the Long Island Regional Economic Development Council, and the State University ...
Website. nyc.gov/nycha. The New York City Housing Authority (NYCHA) is a public development corporation which provides public housing in New York City, and is the largest public housing authority in North America. Created in 1934 as the first agency of its kind in the United States, it aims to provide decent, affordable housing for low- and ...
Roosevelt Island Operating Corporation was created by New York State in 1984 to manage development and operations of Roosevelt Island. Before RIOC there existed other state agencies which ran the island's day-to-day operations such as the Welfare Island Development Corporation and later the Roosevelt Island Development Corporation.