Empire State Development Corporation

New York State Urban Development Corporation
Empire State Development logo
Public authority overview
JurisdictionNew York
Public authority executive
  • Hope Knight, President and CEO Designate
Key document
  • New York State Urban Development Corporation Act[1]
Websiteesd.ny.gov
Department of Economic Development
Department overview
JurisdictionNew York
Headquarters625 Broadway,
Albany, New York[2][3]
Department executive
  • commissioner
Key document

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).[4] The New York State Department of Economic Development (DED) is a department of the New York government that has been operationally merged into ESD.[5][6]

ESD gives its mission as promoting the state economy, encouraging business investment and job creation, and supporting local economies through loans, grants, tax credits, real estate development, marketing and other forms of assistance.[2]

  1. ^ Cite error: The named reference Act_174-68 was invoked but never defined (see the help page).
  2. ^ a b "About Us". Empire State Development. Retrieved October 18, 2015.
  3. ^ Economic Development Law § 10; "[...] The principal office of the department shall be in the city of Albany. [...]"
  4. ^ "Corporate Information". Empire State Development. Retrieved October 18, 2015.
  5. ^ OSC 1997, Executive Summary.
  6. ^ Public Authorities by the Numbers: Empire State Development Corporation (PDF). Office of the New York State Comptroller. February 2015. p. 3.