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Empire State Development (ESD) is the umbrella organization for New York's two principal economic development public-benefit corporations, the New York State Urban Development Corporation (UDC) and the New York Job Development Authority (JDA).
Empire State Development’s roots trace to the Division of Commerce, created by the state legislature in 1941, and the Urban Development Corporation (UDC), which the legislature created in 1968. Over the years, many departments and divisions were created to handle the challenges of the state.
About Empire State Development. Empire State Development is the umbrella organization for New York’s two principal economic development financing entities: The New York State Urban Development Corporation and the Department of Economic Development.
New York State Small Business Credit Initiative (SSBCI) New York State has been awarded more than $500 million in federal funding to help small business recovery and allow traditionally disadvantaged small businesses the opportunity to succeed - ESD will develop SSBCI-related programs. Learn more.
Empire State Development. The Empire State Development, also known as the Urban Development Corporation, maintains various programs and subsidiaries to encourage economic development in New York State. Natural Heritage Trust
Queens West is a district and redevelopment project along the East River in Long Island City, Queens, New York City. The project, located on Hunter's Point south of the Anable Basin, is a joint project sponsored by the Port Authority of New York & New Jersey (PANYNJ) [1] and the Empire State Development Corporation (ESD).
1932. As the world’s tallest building, the Empire State Building quickly becomes an acclaimed tourist attraction. People from across the world flock to the building, paying 10 cents to peer through a telescope at New York City. In 6 months, the building collects more than $3,000 in nickels and dimes.