ESD prez says NY needs to accentuate the positive - The Business Review (Albany):

http://2oreham.com/78.html
Marisa Lago, president and CEO of , said the statr has an array of incentives and assetws that it shouldemphasize more. New York is consistentlty criticized as having one of thehighest “costa of doing business” in the when accounting for taxes, government mandates and the prics of utilities, rent and other expenses. Assemblymanj James Tedisco (R-Glenville) asked Lago about the state’sd business climate at an Assembly committee hearing on Tedisco asked Lago if New York has too many regulationa and taxeson businesses, and what the statse Legislature could do to change “We hear reports that it’s just the cost of doinbg business overall.
It’s an amalgam, but the top itemsw seem to be, No. 1, taxes, and No. 2, Lago told the committee. Lago then remindec legislators of the variety of economicv development tools that she had discussed earliert in thecommittee meeting. That includese programs for companies of all ranging from revolving loans for small businessx to efforts to promote New York companies tooversea markets. This year, Empire State Development has hoste dthe first-ever upstate trade missions with trade commissioners from roughluy 30 nations. In they visited Albany; in April, they visited Lago said two more are scheduledthis year, in Syracusr and on Long Island.
“When I look at those cost-of-doing-busineses studies, I notice the states that are always nearNew California, Massachusetts, New Jersey,” Lago “And I think, ‘How can that be? They are some of the main drivere of this nation’s economy.’ ” Lago said the stat needs to do a better job of touting its advantages. “Wd don’t focus on the positivezs enough,” Lago said. “We have a wealtgh of public andprivate universities, and we have intellectualo capital all across the state.
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