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COPYRIGHT 2001 Daily News
Byline: Eric Herman
May 31--The city's Economic Development Corporation, which gives tax breaks and other financial benefits to private sector companies, conceals many of its concessions from the public, a new report charged.
According to a report by the watchdog Independent Budget Office, the EDC skirts a central law governing its operation that requires it to disclose the details of deals, and provides only "unreliable" and "inconsistent" information.
"We need to know how much the deals are costing the city, and what benefits...
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