NEW YORK—Reaching into the stimulus pot is the way to keep construction going, a familiar refrain, this time spoken by top local economists. But projects must be “shovel-ready” to qualify, leaving many falling “by the wayside,” said Marisa Lago, president and CEO of Empire State Development Corp (ESDC).
Lago and Robert Lieber, New York’s deputy mayor for economic development, spoke to construction industry executives at a breakfast forum April 14.
