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Inside Long Island Business

Get the latest news and trends on Long Island companies and the people behind them.

Cuomo: State oversight would make IDAs more effective

New York Gov. Andrew M. Cuomo says he

Photo credit: AP

Gov. Andrew M. Cuomo said Thursday he wants Industrial Development Agencies to be more effective in preserving and creating jobs, and that’s best achieved with more state oversight.

Cuomo, responding to reporters’ questions after a speech at SUNY Old Westbury, said, “When it comes to the IDAs that are giving out tax benefits, I want to make sure these entities are doing it as well as it can...

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