Empire State Development reports

ESD is dedicated to sharing information about its work with the public. In this Reports section, you can find many of the more than 50 quarterly and annual reports that we provide each year, detailing key New York State economic development projects and initiatives.

In addition to the reports published below, you may also wish to explore the 100+ economic development-related datasets available at data.ny.gov, access the detailed progress reports published annually by our 10 Regional Economic Development Councils at regionalcouncils.ny.gov, or view the comprehensive archive of public meeting videos and materials published in the ESD Media Center.

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Press Release

Thursday, March 21, 2019 - 2:08pm
Empire State Development (ESD) today announced that Global NY will lead a trade mission to Israel from March 25-28, 2019. Global NY is New York’s gateway for both local businesses interested in exporting internationally and foreign businesses looking to invest in New York. The upcoming trade mission will strengthen economic ties with Israel by helping to increase exports and the number of businesses that export in New York State. Empire State Development President, CEO & Commissioner Howard Zemsky said, “Israel is known as the ‘Startup Nation’ and this upcoming trade mission presents a unique opportunity for New York State businesses to gain access to this major international hub of innovation and technology.” The trade mission includes stops in Tel Aviv and Jerusalem. Each participating company will receive a customized schedule of meetings with prospective customers and/or business partners and will benefit from group networking events. Eligible businesses can also receive reimbursement from Global NY’s State Trade Expansion Program (STEP) for travel and lodging expenses as well as the $1,000 trade mission fee. Participating businesses represent diverse sectors and regions from across the state, including optics and imaging companies from the Finger Lakes and Mohawk Valley, advanced manufacturing companies from Long Island, Mid-Hudson and Western New York and a marketing firm from New York City. Several of the companies supply goods and services to the Aerospace/Defense/Homeland Security, alternative energy, life sciences, electronics and communications industries. STEP is a Global NY program that is funded in part through a grant from the U.S. Small Business Administration (SBA) to increase the number of businesses entering the export market, and to increase the value of exports businesses are already producing. Grants are offered to qualifying small and medium-sized businesses for a range of purposes, including participation in foreign trade missions. Global NY organizes trade missions each year to help New York’s small to mid-sized companies export overseas as well as encourage foreign companies to invest and grow their businesses in the state. In 2018, Global NY led 37 companies on trade missions to Mexico, Germany, Canada and China. Israel is currently New York’s 5th largest export market and a key global hub for technology and innovation. The country’s GDP growth was 3.4 percent in 2017. Trade between the U.S. and Israel has increased eight-fold since the signing of the Free Trade Agreement in 1985, leading to the elimination of virtually all trade tariffs. Companies interested in participating in future trade missions or the STEP program can contact Global NY at globalny@esd.ny.gov or 212-803-2300. To learn more about Global NY, click here. About Empire State Development Empire State Development (ESD) is New York’s chief economic development agency (www.esd.ny.gov). The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing Governor Cuomo’s Regional Economic Development Councils and the marketing of “I LOVE NEW YORK,” the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.     Contact: Jack Sterne | jonathan.sterne@esd.ny.gov | (212) 803-3764 Adam Kilduff | adam.kilduff@esd.ny.gov | (212) 803-3744 ESD Press Office | pressoffice@esd.ny.gov | (800) 260-7313
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Board Meeting

Wednesday, March 20, 2019 - 3:00pm
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Board Meeting

Tuesday, March 19, 2019 - 9:00am
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Press Release

Monday, March 18, 2019 - 2:18pm
Governor Andrew M. Cuomo today announced that Great Performances - the largest woman-owned catering and food service company in New York City - will relocate from Manhattan to the South Bronx. As part of the relocation, Great Performances will create 181 new jobs and retain 451 jobs. The company will also invest $4.4 million in outfitting an over 40,000 square foot space to accommodate new kitchens, warehouse space, purchasing department, design studio, training space, support offices and The Sylvia Center, a non-profit dedicated to teaching nutrition and cooking to children and their families in high potential neighborhoods. "New York couldn't be prouder of our efforts to ensure women-owned businesses - especially creative, sustainable and forward-thinking ones like Great Performances - have the opportunity to grow and thrive in this state," Governor Cuomo said. "With its new headquarters, Great Performances will be able to expand operations, hire more staff and share its success with new neighbors in the South Bronx and beyond. That's a recipe for success." "In New York, we are committed to ensuring the growth of successful woman-owned businesses like Great Performances," said Lieutenant Governor Kathy Hochul. "The catering company's relocation will create more than 180 new jobs and retain hundreds more in their new location in the South Bronx. This investment continues to strengthen the economy, attracting more businesses and creating new opportunities in the area." Read the full press release here. 
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Public Notice

Monday, March 18, 2019 - 12:30pm
Werdenberg Building Capital Project
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Public Notice

Monday, March 18, 2019 - 10:30am
Tompkins County Visitor Center Capital Project
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Press Release

Friday, March 15, 2019 - 5:06pm
Governor Andrew M. Cuomo today announced that AML RightSource, a leading firm in anti-money laundering, Bank Secrecy Act and financial crimes compliance has officially opened a new office in Buffalo. The 11,000 square foot space in the Larkin Center of Commerce will be the company's fourth office, with plans to hire up to 100 service employees to support the addition of new clients. "The City of Buffalo is on the move and Western New York is welcoming more new businesses than ever, bringing good paying jobs and exponential growth to the area," Governor Cuomo said. "Through strategic partnerships with companies like AML RightSource, New York will continue to attract businesses from near and far to develop and expand across the state." "Western New York's high-quality workforce and growing reputation as a hotspot for tech innovation is the perfect recipe for AML RightSource to expand into the City of Buffalo," said Lieutenant Governor Kathy Hochul, who made today's announcement. "This significant investment and creation of 100 new jobs will continue to grow the regional economy. For far too long this area witnessed businesses close, young people leave, and jobs disappear. Today, we have seen a transformation that continues to bring new companies and more jobs to the area." Read the full press release here. 
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Public Notice

Friday, March 15, 2019 - 1:30pm
Peconic Crossing Capital Project
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Public Notice

Friday, March 15, 2019 - 1:00pm
Town of Sherburne-Sherburne Inn Restore V Capital Project
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