Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

November 27, 2015 2:43 AM ET

Diversified Financial Services

Company Overview of The New York State Urban Development Corporation

Company Overview

The New York State Urban Development Corporation, doing business as Empire State Development Corporation, is an economic development agency that offers financial and technical assistance programs to large and small businesses. The institution promotes business investment and job creation, downtown development, industrial development, minority business development, university research and development, and planning and special projects through the issue of tax-exempt and non-tax exempt bonds. It provides entrepreneurial assistance, minority and women owned business enterprise certification, empowerment zone program, economic development zone program, business ombudsman services, and linked dep...

633 3rd Avenue

36th Floor

Conference Room A

New York, NY 10017

United States

Founded in 1968





Key Executives for The New York State Urban Development Corporation

Chief Executive Officer, President and Commissioner
Age: 55
Chief of Staff
Western New York Regional Director
Compensation as of Fiscal Year 2015.

The New York State Urban Development Corporation Key Developments

Empire State Development Announces Executive Changes

Empire State Development announced that Christopher J. Schoepflin, who currently serves as president of USA Niagara Development Corporation (USAN), will oversee the Western New York regional office. As the new Western New York Regional Director, Mr. Schoepflin will work under the leadership of President, CEO & Commissioner Howard Zemsky, managing daily operations of the Western New York office in Buffalo and promoting economic development practices that both retain and attract businesses and create jobs in the region. In addition, Mr. Schoepflin will lead the Buffalo Billion initiative and serve as Executive Director of the Western New York Regional Economic Development Council, where he will assist in coordinating the Council's activities and implementing the region's Strategic Plan. He will replace Christina Orsi, who previously held the position and has taken a position at the University at Buffalo as associate vice president for economic development. Mr. Schoepflin will also continue overseeing USAN.

Empire State Development Plans for Construction of New 33-Acre Office, Academic and Medical Center in Bronx

Empire State Development (ESD) announced plans for the construction of a new 33-acre office, academic, and medical center in the Bronx that is expected to generate thousands of high-paying new permanent jobs and $400 million in construction spending near the new planned Metro-North Station in Morris Park. Simone Development Companies will develop the project, which will provide up to 1.9 million square feet of mixed-use space on the soon-to-be vacated state-owned property located at 1500 Waters Place. The economic impact of the project is significant and includes thousands of new permanent jobs, as well as 1,900 construction jobs. In addition to the new office space intended for medical services, the project will include a retail plaza, a 150-room hotel, and 100,000 square feet of space for higher education, and will provide community meeting space and brand new recreational fields and amenities for the Morris Park community. The project announced is part of OMH's continued efforts to enhance the efficiency of its real estate footprint and convert its large 76-acre campus of older facilities into a smaller 43-acre campus of new buildings at the Bronx Psychiatric Center. OMH's ongoing efforts, which are expected to be completed by mid-2015, will enable the agency to facilitate new private development while maintaining and improving both its facilities and services in the area.

The New York State Urban Development Corporation, Board Meeting, Oct 16, 2014

The New York State Urban Development Corporation, Board Meeting, Oct 16, 2014. Agenda: To approve $19 million in funding for nine projects that are spurring economic growth and opportunity in New York State.

Similar Private Companies By Industry

Company Name Region
CR Community First Federal Credit Union United States
Tower Financial Services, Inc. United States
Broadway Bancorp, Inc. United States
Diamond Lease (U.S.A.), Inc. United States
Ocean Life Sciences I, Inc United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact The New York State Urban Development Corporation, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at