Andrew Cuomo likes a good competition. Where should the state send school aid? Let’s have a contest. Who should build new upstate casinos? Let’s have another contest. What do we do about the aging Tappan Zee Bridge? Contest. How do we redesign the region’s major airports? Contest. Read More
The new state budget has managed to unite the free-market Empire Center and the far-left Working Families Party. This meeting of the minds came over a classic move: Lawmakers slipped in a provision granting a fat tax break on sales the of private planes and luxury yachts. Read More
The Southern Tier has been among the most poorly performing regions of a weak upstate New York economy over the past four years. But you sure wouldn’t know it from listening to Howard Zemsky, the Buffalo developer recently named by Gov. Andrew Cuomo to chair the Empire State Development Corp. Read More
A little-noticed section of Governor Cuomo’s State of the State “Opportunity Agenda” calls for investing another $100 million in state money in startup companies—even as federal auditors probe Innovate NY, the state’s original dalliance with venture capital (VC). Read More
More than $700 million in tax breaks and other state resources awarded to developers last month in exchange for promises to create jobs included more than $3 million for a LegoLand theme park in the lower Hudson Valley, $1.5 million for a National Comedy Center in Lucille Ball’s hometown of Jamestown and $4.7 million to build a commercial building next to the Wyandanch rail station. Read More
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