Good Jobs New York Home

Good Jobs New York
11 Park Place, #701 New York, NY 10007

Contact Us

Website maintained by Allison Lack

WHO CONTROLS NYC'S ECONOMIC DEVELOPMENT FUNDS?

City-level agencies:

NYC Economic Development Corporation &

NYC Industrial Development Agency (IDA)

Overview
Structure and Board Members
Public Participation Opportunities - The IDA is required to hold public hearings on all proposed subsidies over $100,000. At the hearing, members of the public have the opportunity to submit written testimony, give brief comments, and review materials on each project.

Notices of Public Hearing for the IDA are published in the classified section of the New York Post on the second Saturday of each month. As of December 2002 they are also posted on the Economic Development Corporation's website. Click here to view current notice.

The notices include company names and locations, benefit amounts, and possible tax breaks as well as date and time of hearing and the number to call in advance to notify the public information officer that you plan to submit testimony.

Click here to read NYC's public disclosure law, mandating that the EDC and IDA report on individual deals valued at over $250,000 or involving the creation of at least 25 jobs.

State level agency:
The Empire State Development Corporation

The ESDC oversees economic development state-wide, handles most energy benefits, and, in the wake of the September 11th attacks, is the legal parent of the Lower Manhattan Development Corporation (LMDC). Information about ESDC programs is available on its website: www.empire.state.ny.us