Saturday, October 22, 2011

City won't help Karp to stay

From the Daily News:

A third generation manufacturer that is losing its Maspeth property to eminent domain is looking into leaving the city, citing a lack of competitive financial incentives to stay.

Karp Associates, which employes about 115 Queens workers, is considering moving to Long Island or New Jersey, company officials said. Karp officials said they hope to make a decision before the end of the year.

The company is the latest in a long line of manufacturers that have left the city or are mulling a move. That's due to a combination of high taxes, rents and labor costs in the city coupled with the lack of available space to expand.

The problem is compounded by the generous relocation packages other states are offering.

"We met with with countless agencies, and everyone seemed to have the best intentions," said owner Adam Gold, whose family founded Karp in 1957.

He added, "I wasn't even offered the same incentives that a business from New Jersey would be move to New York City."

The state Transportation Department seized Karp's land in September 2010 to make way for a new bridge to replace the aging Kosciuszko Bridge.


Al said...

Goes to show you the state of our city, no one cares enough to even comment. Yet all will complain about lack of jobs.

Anonymous said...

In the abstract, they can all talk about "New York City needs jobs" - yet when presented with a case where the city could help, its someone else's job.

Especially so, since Karp doesn't seem to be the kind of guy who's been writing $1,000 to every Queens pol.

Jerry Rotondi said...

And meanwhile
back at the 'ol Willets Point ranch house---
Claire Shulman is "helping" those longtime established businesses to move.

How "generous" of her.

Here comes the "Shulman & Bloomberg Eminent Moving Company" van.

Sorry, there will be a slight delay---the truck broke an axle on WP's neglected roads.

Anonymous said...

If this were an Oriental business, NYC would be bending over backwards and frontwards to keep them here.

Keep that Asiatic political campaign contribution cash within our city in easy reach!