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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....
Since 1995, four entities have been operationally merged and referred to as Empire State Development (ESD): [5] [6] Urban Development Corporation (UDC), d/b/a Empire State Development (ESD) [1] [7] In 2017, the UDC had operating expenses of $1.282 billion, an outstanding debt of $12.895 billion, and a staffing level of 351 people. [22]
The New York State Energy Research and Development Authority (NYSERDA), established in 1975, is a New York State public-benefit corporation, located in Albany, New York, with regional offices in New York City, Buffalo, and West Valley.
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A Long Island corrections officer swiped $110,096 in insurance checks intended for his estranged wife’s back surgery, authorities say. Christopher Kowalewski, 49, of Merrick stole 11 of his wife ...
Trump's mass deportation plan aims to remove millions of immigrants living in the US illegally. On January 20, Trump declared a national emergency, allowing him to use Pentagon resources for the ...
Empire engages in policy regarding New York state's spending and budget. Empire releases data regarding salaries and pensions of state employees and its impact on the state's budget. In 2018 Empire issued a report showing that over 3,500 state employees are paid more than Governor Cuomo's salary of $179,000. [8]
The Novo Nordisk Foundation does not plan to step in to prop up a global health sector reeling from a freeze on U.S.-funded foreign aid, and will continue to focus on its core non-communicable ...