The Bloomberg administration’s $130 million subsidy of grocery-delivery company FreshDirect became a flash point in a recent mayoral debate when, on a question about job creation, Joe Lhota criticized Bill de Blasio’s disapproval of the subsidy.
Tag: Independent Budget Office
Revamp EDC? It is under way
Mayoral candidate Bill de Blasio’s lofty goal of leveling inequality suggests big changes at the Economic Development Corporation. But his broad policies won’t bring sweeping transformation — the EDC is spreading out its resources without him.
Future of NYC Industrial Business Zones Looks Bleak
Competing interests for city funding leave manufacturing districts with fewer resources.
Brooklyn Industrial Business Zones Falter
Declining city funds and the growing number of non-industrial businesses in and around industrial business zones (IBZ’s) are at odds with the program’s original purpose.