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September 02, 2015 3:12 PM ET

Commercial Services and Supplies

Company Overview of The New York State Urban Development Corporation

Company Overview

The New York State Urban Development Corporation, doing business as The Empire State Development Corporation, offers financial and technical assistance programs to large and small businesses. The company addresses the needs of the state in six areas including downtown development, industrial development, minority business development, university research and development, and planning and special projects. It provides entrepreneurial assistance, minority and women owned business enterprise certification, empowerment zone program, economic development zone program, business ombudsman services, and linked deposit program. The New York State Urban Development Corporation is based in New York Cit...

633 3rd Avenue

34th Floor

New York, NY 10017-6754

United States

Founded in 1968





Key Executives for The New York State Urban Development Corporation

Chief Executive Officer, President and Commissioner
Age: 55
Senior Deputy Commissioner and Executive Vice President
Chief of Staff
Executive Director
Senior Vice President, Deputy Commissioner, and Chief Administrative Officer
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.

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