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Castelli Looks to Make NY More Business-Friendly

ALBANY, N.Y. – Assemblyman Robert Castelli (R,C/Goldens Bridge) of the 89th Assembly District, which includes Pound Ridge, joined former President Bill Clinton and Governor Andrew Cuomo last week to kick off the New York State Open for Business statewide conference in Albany.

The event was part of a coordinated communications and marketing effort to demonstrate to business leaders across the world the benefits of doing business in New York State. It brought together state lawmakers and the 10 new Regional Economic Development Councils, which are charged with coordinating contacts for economic development in every region of the state.

“Today’s meeting reinforced the commitment of the governor and members of the Legislature to work proactively with our business community to create and retain jobs at all levels of business within the state” Castelli said.

Clinton gave the keynote speech. The former president emphasized that a successful economic development strategy must focus on the strengths, as well as the problems of every county and region in the state.

“All of our growth was concentrated in housing, finance, and consumer spending,” he said. “If you think about it, all three of them were inherently self-limiting and they depend upon increasingly large amounts of debt.”

Clinton said he felt the state was on the right track by creating the Regional Economic Development Council because they put more emphasis on the future and noted that there is no successful model that does not have public-private cooperation.

Governor Cuomo said it was important to show employers the advantages of doing business in New York, such as its central location wealth of resources and network of colleges and universities.

“With this campaign, we will help build a stronger economy and foster greater private investment throughout New York State,” the governor said.

In recent years, businesses have left the state in record numbers and job losses have devastated local communities, giving New York the image of having one of the worst business climates in the nation. The goal of the New York Open for Business initiative is to promote the many assets of investing in New York so the state can regain its reputation as a business-friendly location. Some recent efforts include balancing the state budget with no new taxes, a local property tax cap, important ethics reforms, and the introduction of Regional Economic Development Councils that will focus state economic development efforts on the local level where they can have the most impact.

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