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New York State May Reopen by Economic Development Zone

April 22, 2020 By Richard C. Young

New York Governor Andrew M. Cuomo, the Commander-in-Chief of the New York National Guard meets with members of the New York Army National Guard’s 206th Military Police Company as they prepare to deploy from the Albany Area to New York City in response to the landfall of Hurricane Irene. 

Governor Cuomo of New York will reopen the state one economic development zone at a time, rather than on a statewide basis. This makes more sense given New York’s immense size and the vastly different conditions in its various parts. The WSJ reports:

Businesses in different parts of New York state will reopen on separate schedules, Gov. Andrew Cuomo said Tuesday, as a growing number of upstate elected officials and employers made the case for a regional approach to easing restrictions aimed at slowing the spread of the coronavirus.

The Democratic governor said officials in 10 existing economic development zones around the state would monitor local data and come up with a plan on exactly which stores and activities can reopen and when.

The statewide number of hospitalized Covid-19 patients ticked up slightly on Tuesday, but Mr. Cuomo said the amount was declining in downstate areas and flat in Western New York.

New York State Department of Health data show 7% of the state’s coronavirus cases are in areas north of Westchester and Rockland counties. Mr. Borrello noted that Chautauqua County, where he lives, had 25 confirmed coronavirus infections as of Tuesday. By contrast, New York City had nearly 140,000 cases and more than 10,000 confirmed deaths.

Mr. Borrello said he is concerned about seasonal employees, and the amount of power the government has asserted over the economy.

“The way our communities are structured, social distancing is easy,” he said.

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Richard C. Young
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Richard C. Young
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