NEW YORK CITY-The civic groups and Community Boards of Brooklyn, Bronx, and Long Island are lobbying for policies restricting the national retailers. However, New York developers want to use the current economic slump and the subsidies given by the local governments to improve the job market to lure more national retailers to the Long Island, Queens Island and Brooklyn regions.
A recent improvement in the State's economy and a recovery in the credit market had motivated the local developers. For the full story, go to The Wall Street Journal.
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