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Daily News from New York, New York • 492

Publication:
Daily Newsi
Location:
New York, New York
Issue Date:
Page:
492
Extracted Article Text (OCR)

DAILY NEWS. TUESDAY, MARCH 22, 1977 15 City's Job-Router Tells Us to Set Some with cost advantages' that translate to an additional 9.1 return over the Ohio location, and a 10.2 increase compared to such a plant in Philadelphia. 35,91 By ROBERT (J KLINE Three studies by the Fantus Co. which has advised many com--panies to leave New York -clearly show that the city is now well suited to attract certain new manufacturing jobs from elsewhere in the nation. The reports bv Fantus.

a leading 26,279 business and industry location consult 22,492 1974 1970 Almost 90 of a sample of foreign banking executives doing business in the United States are optimistic that New York City will remain a top international financial center, it was reported yesterday. A marketing research firm, Reich-man Research polled 149 bankers in four U.S. cities and noted that 44 are very optimistic about the role of New York in' the international finance community and an equal, number were "somewhat" optimistic. Only 4 sail they dislike working here. The executives cited their confidence that New York can work through its fiscal woes, with the concentration of talent and expertise here, the decline of London's financial power and th amount of capital here as the major reasons for their 1960 The documents foreefully point -out that without any city or state -taxes or energy, transportation, labor or other costs of doing business here the three kinds of manufacturing activities can operate at a profit in New York.

In the summary of each report, the consultant states that New York City provides what may be the optimum combination of swift service capabilities, engineering support and favorable pricecost balances essential for an industry producer to establish and maintain a strong competitive posture. Each document compares what it would cost an operator of one -of the three kinds of manufacturing cited as having possibilities here, as opposed to other locations where such economic activity is presently concentrated. ant, were released yesterday. They show that New York can. stem its chronic employment decline by luring producers of small computer products, electronic components and accessories and architectural and ornamental metal work.

The studies are the first of 14 on new categories of manufacturing job opportunities for the city that the consulting firm is preparing. They were forwarded late last week to Gov. Carey, Mayor Beame, State Commerce Commissioner John Dyson, Osborn Elliott, deputy mayor for economic development, and other city officials. The analyses are being paid for by a consortium of private foundations on behalf of the city and state. News chart by Bob Juffras For example, the report on ornamental and architectural metals work compares a hypothetical 160-production-worker facility here with a similar installation in Columbus, Ohio, or Philadelphia.

Comparing 15 different elements of operating costs, the New York plant would provide its operator Li tier bugs Beware! Apple Polishers Want You By ARTHUR BROWNE That native New York species, the Jitterbug, was put on notice yesterday that" it is about to be taught the error of its ways by an organization of civic and business leaders who are tired of the dirt in the streets. The organization, named I Love a Clean New York kicked off a campaign at City Hall to "change the behavioral attitudes" of sloppy New Yorkers. The campaign received the blessings of Mayor Beame and the support of film, stage and sports celebrities. "We are going to make-this the cleanest city in the world." said John Mulhearn, president, of the New. York Telephone who is serving as chairman of the nonprofit, independent, organization.

"It takes a lot of courage to say that, but I mean it." Mulhearn said the organization intends to teach New Yorkers "how important it is to keep their city as clean as their kitchens." To get the message across, a snappy I Love a Clean New York jingle has been recorded, as well as musical radio and TV spots featuring Henny Young-man and Bobby Short. Thousands of bumper stickers and T-shirt iron-ons. featuring the red and white organization logo will be distributed, and phone company informational vans will be made available to block associations and civic groups. I te4 Vi-c News pKpto bv Mary DiBiase Fordham Prep students brushing up on cleanliness at 149th St. and Grand Concourse, Bronx, yesterday Community Corp.

on both E. 7th St. and Avenue a cleanup in the Bronx by a brigade of Fordham Prep students and a tour of a five-block commercial area on Church St. in Brooklyn, where local merchants di-tributed refuse containers. By the end of the school year, 50.000 students in more than 130 public, private and parochial schools will have received the message in audio-visual presentations.

"I'm sure that the youth are going to see to it that the rest of us do what is right." Mulhearn said. I Love a' Clean New York was founded last September, and is financed by grants and contributions. Other activities yesterday included a cleanup by the Lower East Side State to Sell a Skyscraper Gov Rejects Compromise On Plan to Cut Income Tax I very earnestly with my ears to the key The state has agreed to sell for $37 million the 44-story glass and steel office tower at 1166 Sixth Ave. that it took over last year, it was learned yesterday. Informed sources said the state has accepted a bid.

subject to final approval, from the New York Telephone Co. and the Teachers Insurance and Annuity Association and College Retirement Equities Fund. The fund, which will be the prime tenant, will use 22 floors of the building. New York Telephone will occupy 20 floors, and two floors of the long-vacant skyscraper and its lobby will be jointly owned. The state pension fund, controlled by Controller Arthur Levitt, acquired the building by default on a $32.5 million mortgage it held for Tishman Realty and Construction Co.

Tishman had spent about $115 million to construct the tower. Equities Fund are companion organizations that sell pension and insurance plans to colleges, universities, and other tax exempt educational institutions. The two companies are currently located at 730 Third Ave. Robert Geline Kidnap Victim Freed in Italy Rome (AP) Stefano Scarozza, the son of a Rome builder, was freed yesterday after his family paid a $550,000 ransom to kidnapers who had held him for two months, police sources said. Scarozza.

26, an architecture student, was the third kidnap victim freed by his abductors in the last three days. Textile industrialist Elio Fattorini was released near Milan on Saturday and Carlo Colombo, son of orf Sunday. V' By THOMAS POSTER Albany (News Bureau) Gov. Carey refused yesterday to compromise on his proposals to reduce personal income taxes by $225 million. But, Carey conceded, the Legislature probably will dump some of his proposed business tax increases in the battle over his $11.3 billion budget for the fiscal year beginning April 1.

After meeting privately' with Democratic legislative leaders and aides to State Controller Arthur Levitt, Carey told his weekly news conference: "I think it's safe to predict that the Legislature will come forth with some changes (in business levies) because they feel they are burdensome on the small nd Jnarf imal not on hole about it. Carey's recommendations to continue $282 million in "temporary" business taxes has come under intense attack by business groups across the state, as well as the Republican leadership in the Legislature. The smart money here says Carey will cave in eventually on his income tax credit proposal to give way for business tax relief. The governor also said: Judges should get a pay raise in order to attract better judges to the bench and keep them there. He would seek other revenues to offset his $150 million ait in education because the Legislature is sure to kill his plan to tap teacher pension funds for $70 million.

The Teachers Insurance and Anauh the giant -corporations. I'm listening Association fand College Rejjjgign.

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Years Available:
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