NEW YORK CITY—Perhaps mindful of the economic recovery'sdependence on having healthy growth of the labor force, twoorganizations Thursday issued reports indicating just what the cityis doing on the industrial front, and where it needs to go.

In its new research, entitled, “City Support for theIndustrial Sector,” the N NYC Independent Budget Officesays more than $812 million in capital funds was contributed to theindustrial sector from 2002 to 2013, with the bulk of that moneyspent on projects to upgrade and modernize city-owned industrialproperties and wholesale food markets. Comparitively little, thereport notes, has been spent on non-profit industrial landlords oron infrastructure in industrial districts not owned by thecity.

Meanwhile, industrial businesses claimed as-of-right benefitsworth several hundreds of millions of dollars and, since 2002, theIndustrial Development Agency has granted industrial businessesdiscretionary benefits that will ultimately cost the city $135million.

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Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.