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The Economic Development Corporation
by Patricia Willens
NEW YORK, NY July 11, 2001 — But under the Giuliani administration the EDC has wielded tremendous power in making tax deals with companies threatening to leave and throwing its weight behind major redevelopment projects. WNYC?s Patricia Willens spoke with EDC President Michael Carey, and asked him how the agency -- which employs 300 people and manages hundreds of millions of dollars -- has changed the face of the city...
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