From the Big Apple to the Great Lakes- Your New York Business

New York is still the gateway to business in theup a special task force looking into the fraudulent
United States. It is home of New York City, theissuing of home mortgages. The task force is
nation�s largest city and financial center,looking to directly solicit input from community
with a population of over 8 million, out of aand advocacy groups and industry
state-wide population of over 18.5 million. Somerepresentatives as it designs initiatives to combat
people just can�t avoid getting their Newpredatory lending and mortgage fraud. They also
York Incorporation, if only to show they have anwant to help people purchasing their first home,
address in the Big Apple.and to keep the homes that they have
However, there is a lot more to the state. Newpurchased. This includes home refinancing
York�s agricultural production is significantprograms.
in dairy products, apples and other fruits andIn New York City, in the borough of Queens, you
vegetables. The south shore of Lake Ontario iscan still find the world�s biggest globe,
known for its fruit orchards including apple, cherry,from the 1964-65 New York World's Fair. Its
plum, pear and peach orchards. Apples are alsodiameter is 120 feet. Twelve stories tall, weighing
grown in the Hudson Valley and near Lake700,000 pounds, it is known as the Unisphere, and
Champlain. The south shore of Lake Erie and theis made of stainless steel.
southern Finger Lakes hillsides have manyBuffalo, at the western end of the state, is the
vineyards. New York's wine and grape industry issecond largest city, with a population of almost
a major industry and a producer of wines known300,000, and 1.1 million including its metropolitan
throughout the world, especially its signaturearea. Although the old steel plants have closed,
Concord grapes and wines. The state producesthere are still some smaller steel mills. Some car
about 200 million bottles of wine a year, secondmanufacturers still maintain facilities in Buffalo and
to California.nearby Tonawanda. In the 21st century, Buffalo
There is still industry including, printing, machineryhas become a center for biological and human
and chemical products. The state also has a largegenome research, including work by researchers
manufacturing sector that includes printing and theat the University at Buffalo and the Roswell Park
production of garments. Upstate, the RochesterCancer Institute. Buffalo is the headquarters of
area is important in photographic equipment andM&T Bank, and HSBC Bank USA also has major
imaging. New York City is the leading center ofoperations in Buffalo from the time it merged
banking, finance and communication in the Unitedwith the former Marine Midland Bank.
States and is the location of the New York StockAnd of course, there is a lot of tourism, both to
Exchange, the largest stock exchange in theNew York City and upstate. In fact, at the
world by dollar volume.western end of New York State is the famous
Being a leading financial center can lead to specialNiagara Falls, one of the wonders of the world,
problems as well. The Governor has recently setbetween the Great Lakes.