The New York State Urban Development Corporation d/b/a Empire State Development Corporation (ESD) is a public finance and development authority that serves as New York’s chief economic development agency. As required by New York State statute,  below is ESD's annual report and descrtiption of ESD's operations and accomplishments for FY 2006-2007, for submissions to the Public Authorities Reporting Information System (PARIS). A Description of the Corporation's Operations and Accomplishments FY 2006-2007