ALBANY — New York economic development officials announced Wednesday a new round of more than $700 million in regional economic development incentives, mostly tax breaks, on top of $785.5 million announced last year, all intended to keep or create jobs. The largest package this year is $96.2 million for 76 projects in the Finger Lakes [...]
The end result was an afternoon of pitching the benefits of regional projects for a second round of state Regional Economic Development Council money. But first up for Gov. Andrew Cuomo, Lt. Gov. Robert Duffy and several state and local government and business officials, a ride and a look at where the first round of [...]
ALBANY — New York has opened bidding for 51 pavement and bridge projects representing an estimated $64 million of work in the Cuomo administration’s “New York Works” program. The bidding for five contracts follows Gov. Andrew Cuomo’s budget announcement that billions of state and federal dollars will be committed to economic development and rebuilding infrastructure, [...]
Gov. Andrew M. Cuomo on Thursday launched the “Path Through History” initiative to highlight the state’s rich history while bolstering tourism and economic development. The initiative is designed to raise the profile of New York state’s unparalleled network of museums, historic sites and other cultural institutions. The first step will be to establish uniform road [...]
Leecia Eve, formerly of Buffalo, has been appointed deputy secretary for Economic Development by Gov. Andrew M. Cuomo who is recommending Gil C. Quiniones to be president and CEO of the New York Power Authority. Eve most recently served as senior vice president and general counsel to Empire State Development, the state’s primary economic development [...]
Sen. Charles E. Schumer was in town Tuesday to announce he is trying to get a $15 million federal investment to fill in a sunken portion of the Inner Loop and promote economic development. He is urging the Department of Transportation …
Seven New York state prisons will be closed as part of Gov. Andrew M. Cuomo’s pledge to consolidate the state’s correctional facilities based on a declining inmate population. Communities affected by the closures will be able to request economic development assistance from the state, which includes money from a $50 million fund as well as [...]
SALAMANCA — The Seneca Nation of Indians is convening a daylong meeting with economic development leaders from New York and Pennsylvania. Thursday’s meeting will focus on collaboration between the western New York tribe and officials …
Gov. Andrew M. Cuomo will soon be announcing 10 regional councils to develop long-term competitive economic development plans, according to Kenneth Adams, Empire State Development Corporation president and CEO.
Gov. Andrew M. Cuomo has announced the nomination of Julie Shimer to chair the Empire State Development Corporation. “Julie Shimer is joining a first-class team of economic development leaders including …
For the first time in three years, the total number of businesses receiving assistance through Monroe County-sponsored economic development programs rose in 2010.
Economic development officials are wringing their collective hands over the end of the state’s Empire Zone program, which expires at the end of the month.