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Op Ed Economic Development

The Smart Money on Amazon

November 23, 2018
As New Yorkers search for Black Friday deals, including on Amazon, we are also scrutinizing the deal offered to the retail giant to come to Long Island City.
Blog Economic Development

Breaking Down the Amazon HQ2 Deal:

November 21, 2018
Amazon has committed to creating 25,000 full-time high-paying jobs over ten years, investing approximately $2.5 billion, and building 4 million square feet of office space at its new headquarters in Long Island City, with the possibility of expanding to 8 million square feet and 40,000 jobs. To facilitate this investment, Amazon will receive benefits of up to $1.7 billion from New York State and $1.8 billion from New York City. This blog explains the incentive package provided by the State and City and offers five takeaways about the deal and its lessons for future economic development policy.
Report Health Care

Still a Poor Way to Pay for Medicaid

October 01, 2018
For more than 50 years New York State has financed its Medicaid program in a unique way: the State requires New York City and the 57 other counties to pay more for Medicaid than all other local governments in the nation combined.
Blog State Budget

Hold Your Bets

September 05, 2018
State leaders should consider these four guidelines as they decide whether and how to expand sports betting in New York.
Testimony Economic Development

NYS ABO's Oversight and Regulation of IDAs

September 04, 2018
The purpose of today’s public hearing is to discuss regulations recently proposed by the Authorities Budget Office to impose additional disclosure requirements on local industrial development agencies (IDAs).
Video Economic Development

Increasing Transparency and Economic Development Funding

September 04, 2018
There's an ongoing debate over the state's use of taxpayer money for economic development efforts, but a lot of investment happens at the local level, through Industrial Development Agencies.
Letter Economic Development

Veto Ten Bills That Expand Economic Development Programs

August 14, 2018
The Governor should veto ten bills that would expand the State’s economic development programs. Three of the bills would expand or enrich existing programs, six bills would create a new targeted program, and one bill would create a new broad program.
Report Economic Development

Economic Development Scorecard

June 22, 2018
91 bills active in this session would create and expand economic development programs. Until reform is enacted, these bills should be halted.
Report Economic Development

Economic Development Scorecard

May 08, 2018
New York State’s annual investment in economic development exceeds $4 billion, without sufficient disclosure of how the money is spent and what results are achieved.
Video Economic Development

Scorecard on economic development programs

April 27, 2018
On Wednesday, Governor Cuomo outlined plans for the state's eighth annual regional economic development council competition, calling the program a success. But not everyone is convinced the approach is working.
Blog Health Care

DSH Cuts Delayed

April 11, 2018
NYS shouldn't miss an important opportunity to revise its distribution of funds to target hospitals with the greatest needs.
Op Ed Economic Development

The State Budget Keeps Wasting Economic Development Cash

April 06, 2018
As the New York state budget was being adopted by the Legislature this weekend, some legislators objected to a $3 million appropriation for an upstate luxury golf tournament deemed to be an economic development initiative.
Op Ed Transportation

Latest value capture proposal could harm NYC

March 22, 2018
While value capture makes sense in theory, any such arrangement should be tailored to specific projects and circumstances - with the agreement of the City.