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Building The Economy Of The Future
From Factories, To Retail Stores;
From Industry, To Technology
By Joshua Manning

This weekend, the transformation will be complete. The old Gallo Wine warehouse on Northern Boulevard in Long Island City will reopen as a huge Marshall’s clothing store. Just one more step in Queens’ transformation from a land of warehouses and factories to a home of commercial centers and high-tech industry.

Home Depot is looking into taking over the now-defunct Ronzoni Factory, and the Dayton Hudson Corporation is eyeing the proposed College Point Entertainment Complex – soon to be created out of the College Point Industrial Park – for its first Target outlet store in New York City.

Then, there’s the story of Telebeam Telephone Systems, which turned an abandoned 30,000-square-foot Long Island City warehouse into corporate offices for their state-of-the-art telecommunications company.

The change has been gradual, but clearly evident – the ranks of the heavy manufacturers, which used to employ huge numbers in Queens, are dwindling. Soon, the Swingline Stapler factory, which for most of this century has been a familiar site for anyone coming home across the Queensborough Bridge, will shut its doors. But the space will then give way to a new shopping facility or high-tech industry.

While Queens Borough President Claire Shulman found out long ago that it was impossible to stop these general economic trends, one of her main goals is to control the process as much as possible: protect workers, lobby to bring in new types of industry and encourage new stores while at the same time protecting existing retail establishments.

"We have to create an attractive environment," Shulman said. "If businesses want to come here, we need to find space."

To help with this, Shulman has appointed a director of economic development, Seth Bornstein.

"The trend is toward smaller manufacturing," Bornstein said. "For example, Crystal Windows up in Flushing. They are a small business that grew into a much bigger business."

Shulman, and her staff, work not only to bring more jobs in, but also to promote the growth of existing businesses. That’s the goal of the new Queens Economic Development Networking Council.

Started last year, the Networking Council is a regular gathering of representatives from city and state agencies and the borough’s large business providers. "For example, when a company comes to us with a water bill problem, we work with the Department of Environmental Protection. If they need funding, we work with the city’s Economic Development Corporation," said Bornstein.

One of the greatest recent success stories Bornstein attributes to the Networking Council is the September decision by Eagle Manufacturing to keep its 1,000 manufacturing jobs here in Queens. "We worked with Eagle to enable them to take advantage of city and state programs that will reduce their taxes and give them funding for job training," he noted.

In addition to the Networking Council, Shulman’s office has its eye on several key economic development projects that will bring both jobs and money into Queens’ economy. Among them:

  • Queens West – The centerpiece of Shulman’s regional development projects, when completed it will transform 75 acres of underutilized waterfront property into a hub of housing, commercial and retail activity.
  • Technodome – Announced earlier this year, Shulman is working to close a deal with a development company out of Toronto which would create a $1 billion recreational theme park and convention center in the Rockaways. While being built, the project would generate 19,000 construction jobs. Once complete, Technodome would bring more than 10,500 permanent jobs and 2 million tourists.
  • FDA – Ground was broken last month for the U.S. Food and Drug Administration’s new regional headquarters to be located on Jamaica’s York College Campus. Bringing 400 jobs to Queens, it will also create a state-of-the-art scientific research facility.
  • FAA – A decision is expected soon on building a new regional headquarters for the U.S. Federal Aviation Administration along Rockaway Boulevard near Kennedy Airport. If it goes through, the project would bring hundreds of more jobs to Queens.

"We will go after whatever we can go after to bring them to Queens," Shulman said.

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Over 36,000 people work at Kennedy and LaGuardia Airports
Queens is home to 20 medical hospitals and two psychiatric hospitals
270,231 Public school students 68,000 College students 43,981 Catholic school students
There are 8,145 retail stores in Queens
44,240 civil servants work in Queens
1,918 factories employ 51,076 in Queens
327 separate Queens banking offices hold $27.7 billion in deposits
News Communications – one of Queens’ top public companies – publishes newspapers all over the region

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