From the New York Post:
Gov. Cuomo plans a top-to-bottom shake-up of the state’s leading economic-development and job-creation agency early in the new year after concluding it is outdated, ineffective and poorly organized, The Post has learned.
The Empire State Development Corp., which hands out billions of dollars in economic-development grants and tax benefits, is “disjointed, dysfunctional — and nobody really is sure on the inside who is responsible for what,’’ said a senior Cuomo administration official.
“ESDC has not even branded itself properly. For many people, ESDC means nothing,’’ the official continued.