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Silva: New York’s IDAs create jobs, drive the economy - Ostroff Associates, Inc.
By Commentary – Ryan M. Silva Long Island Business News It’s no secret that the term “economic development” has been painted with a negative brush recently. Only in New York State could we look at Amazon HQ2, with a $5 billion investment, 25,000 new jobs, and an annual payroll of $4.2 billion, and see it as a negative thing. Perhaps it is because the lens through which we view economic development is too narrow and the definition being used by elected officials and the media is inaccurate. “Tax dollars per job created” is simply one metric that captures the broad …