Economic Development

It's Time to End Empire Zones

Dec 02, 2008

The Economic Development Zone program has become a vehicle for giving tax breaks to a variety of corporations with no clear, consistent, verifiable justification for the public investment.

Letter to the Legislature on CBC's Recommendations for the FY2013-14 NYS Budget

Mar 07, 2013

In a letter to the state legislature the CBC made recommendations for the fiscal year 2013-14 New York State budget. There are two general points that are made:

Overall, there is much to like in the prosed budget; it continues progress in reducing the long-standing structural deficit by restraining expenditure growth and avoiding additional tax burdens.
“Fine tuning” the proposed budget by rejecting or revising some misguided initiatives would enhance its effectiveness in using New Yorkers’ tax dollars wisely.

Recommendations for the Next Round of Economic Development Council Awards

Oct 11, 2012

This year New York will allocate $762 million in economic development funds through the recently created Regional Economic Development Councils. Although the Councils have improved the effectiveness of the funding within their purview, they still control only a fraction of total economic development spending and their review process still leaves room for improvement.

	Press Release
	Report

Future Priorities of the Port Authority: A Panel Discussion with Three Former Executive Directors

Sep 19, 2012

Due to a technical error, only the first 35 minutes of the event were recorded. We will have audio of the event posted as soon as possible.

Cleaning up NY's Garbage Disposal

Jun 04, 2012

New York City generates more than 25 tons of garbage per minute. That's 14 million tons per year, and the city's Department of Sanitation spends $2 billion annually to collect and dispose of about a third of it.

CBC Breakfast with Port Authority Executive Director Pat Foye

Feb 01, 2012

Testimony to the Joint Legislative Hearing on Economic Development

Jan 31, 2012

Director of State Studies Elizabeth Lynam makes two recommendations regarding the FY 2012-13 Executive Budget's economic development proposals. First, the legislature should not authorize additional funds for another round of regional competition until the “hydra” of economic development is tamed.

More Bang For NY's Buck

Dec 28, 2011

As Governor Cuomo prepares his executive budget, he should seek structral changes that slow down the state's most potent cost-drivers (pensions, school aid and Medicaid), halt additional economic development spending and steer clear of budget tricks. Senior Research Associate Tammy Gamerman pens an op-ed for the New York Post.

Four Principles for Governor Cuomo's Regional Economic Development Councils

Sep 28, 2011

CBC Vice President and Director of State Studies Elizabeth Lynam pens an op-ed listing four principles to govern the operation of the new regional economic development councils. These principles will help the state face the sizable challenges ahead and avoid the mistakes made in past economic development efforts.

Avoiding Past Mistakes: Principles for Governing Regional Economic Development Councils

Sep 13, 2011

Governor Cuomo's new regional councils have the potential to improve meaningful outcomes by streamlining and coordinating the current array of state economic development efforts, but the danger is that they will instead become new heads on the already huge an unwieldy economic development hydra in New York State.