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  • (-) Economic Development (18)
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Showing 1 - 18 of 18
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.
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.
Blog Economic Development

Governor Should Reject Ten Economic Development Bills

June 25, 2018
Ten bills to expand economic development spending had been passed by both houses of the legislature and will eventually end up on the Governor’s desk to sign or veto.
Blog City Budget

NYC Resident Feedback Survey: Issues Requiring More Attention from City Government

October 20, 2017
New Yorkers tell us what the biggest issues are requiring the attention of city government. Click to see how your neighbors responded.
Special Feature Economic Development

Economic Development in the New York State Budget

June 14, 2017
Reporting is limited and differs by program. With $4.0 billion in annual state spending and tax expenditures, a significant investment is being made without enough information to evaluate its success.
Blog Economic Development

NY’s Economic Development Programs Costliest in the Nation

April 07, 2017
It's official: NY's economic development programs cost more than in any other state.
Blog Economic Development

Should New York's REDCs REDO Their Plans?

December 06, 2016
After 5 years, CBC reviews regional job creation results by industry, and the lackluster results suggest it is time to rethink the strategic plans of the REDCs.
Special Feature Economic Development

Job and Wage Growth by Region

December 06, 2016
How are the state's regional economies performing? Our interactive map and charts features employment and wage data from 2010 to 2015, the most recent year for which annual county-level employment figures are available.
Presentation Economic Development

Data Indicators for New York City Competitiveness Scorecard

September 28, 2016
Data for indicators used for New York City Competitiveness Scorecard, 2016.
Blog Economic Development

Learning from Past Mistakes

October 20, 2015
In 2008, CBC called for the elimination of the Empire Zones jobs program amid concerns it wasted public resources. In 2010, New York State replaced Empire Zones with the streamlined Excelsior Jobs Program. Excelsior was designed to avoid the errors of Empire Zones but until recently it has been difficult to assess to what degree it achieves its objectives.
Blog Economic Development

Economic Development Bigger in State Budget, But Benefits Unclear

April 15, 2015
Since 2011 New York leaders have restrained growth in the state’s operating budget; in contrast, the scale and scope of questionable economic development programs continue to be expanded significantly. In 2014 state and local spending for these activities totaled $8 billion.
Blog State Budget

New York’s $1 Billion Brownfield Cleanup Program

March 17, 2015
Overview of Brownfield Cleanup Program
Blog State Budget

Governor Cuomo’s Third Budget: Priorities for Fiscal Year 2013-14

December 17, 2012
Four important challenges face state leaders as they prepare the next budget for FY2014 in Medicaid, Education, Economic Development and Local Government Relief.
Blog Economic Development

Economic Development Reporting in New York City: What’s Missing?

April 11, 2012
In New York City, current reporting requirements fall short of capturing the full amount of spending in the name of economic development.
Blog State Budget

Balancing the State Budget – Halfway There, But Running Out of Gas?

December 19, 2011
The Governor should avoid more new taxes as the way to close the rest of the budget gap and instead focus on containing spending growth in Medicaid, pensions, education, and economic development.
Blog Economic Development

NYC vs. San Jose: Engineers and Our Metro Peers

December 18, 2011
Blog Economic Development

The Future of Power for Jobs: Deal or No Deal?

May 18, 2010
Blog Economic Development

End the Empire Zones Program and Adopt Excelsior

March 24, 2010
Explains why Empire Zones were ineffective and argues in favor of the improved features of Excelsior tax credits.

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