Re-energizing the Seaport Museum is part of the city's larger economic development effort in the area.
This directive will provide transparency to some of the largest economic development projects the state undertakes and assures New Yorkers that those projects will be managed in the most efficient and cost-effective way possible".
It is the latest example of how three men from the private sector -- who never worked in government before and now earn $1 a year for their service -- are slowly trying to rewrite the way the city interacts with private businesses as part of a larger economic development plan.
With a loose set of requirements like proximity to an airport and walkability, the e-commerce behemoth has set officials on a journey to sell their towns, with the aim of getting in on what some are calling one of the largest economic development deals of the century.
The recent Amazon HQ2 "sweepstakes," with 238 proposals submitted by 54 states, provinces, regions and cities from throughout the US, Canada and Mexico seeking its originally-proposed 50,000 jobs and projected $5 billion in new construction, represents one of the largest economic development deals in history.
For both countries, social investments in health and education are not a new development, but rather a part of larger economic development strategy.
BIs will be part of a larger economic development plan, and although incubator net job creation is low, it is still significant.
With one of the largest economic development windfalls in a generation on the line, 238 cities used every tactic in the book to court the company — including offering to rename a city "Amazon" and appointing Jeff Bezos "mayor for life".
What's interesting is that Foxconn is also dealing with a massive brush fire in Wisconsin, where it received one of the largest economic development incentives ever offered by an American government, a whopping $3 billion package that was expected to drive manufacturing employment in the state.
