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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 Corporation (ESDC) [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 REDC program is responsible for granting over $34 million in funding to 23 projects statewide. According to state officials, the third round of Empire State Development Grant (ESD) projects ...
The village was awarded a $20,000 Empire State Development grant this week for a Castle on the Hill Reuse Analysis. Mayor Barry Haywood said the grant is “exploratory.” The village plans to ...
Empire State Development, in partnership with IMG, has revealed the 10 recipients awarded funding through the $500,000 New York Fashion Week Small Business Grant. Each of the 10 small, independent ...
The Lower Manhattan Development Corporation was formed in November 2001 by then-Governor George Pataki and then-Mayor Rudolph Giuliani. [2] The LMDC is a joint State-City corporation governed by a 16-member Board of Directors, half appointed by the Governor of New York and half by the Mayor of New York. As a result, Pataki and Giuliani ...
The Arthur Kill Terminal is being developed by a partnership with Empire State Development Corporation (ESD). In October 2022 the project received a $48 million grant from the United States Maritime Administration (part of the US Department of Transportation) for dredging the kill adjacent to the upland site. [5]
The program was shut down in 2010, but its terms still applied for many businesses years after it stopped. Maintaining its engagement towards the previously certified businesses cost the state of New York an additional three to four billion dollars. [3] According to Empire State Development's release: [4]
Michael A. Lumbis and Jennifer Voss, both from the city Planning Department, and state Empire State Development Regional Director Stephen M. Hunt took a tour on Monday of the apartments and other ...