Tag: economic development

Mar 17

2020

Heaney talks Buffalo Billion on ‘Pressroom

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Jim Heaney and David Lombardo discuss problems with the IBM and Tesla projects in an interview broadcast Tuesday on The Capitol Pressroom. The program is heard on some 20 public radio stations across the state, including WBFO, where it airs weekdays at 8 p.m.  

Posted 4 years ago

Feb 26

2020

State stonewalling on IBM project

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Several years ago, the Cuomo administration spent $55 million of state taxpayer money to buy, renovate and equip seven floors of a downtown Buffalo office building to bring IBM to town. The payoff, we were told, would be 500 good-paying software engineering jobs and the start of a technology hub with all sorts of spin-off development. Now, four of those floors at Fountain Plaza are available for lease, raising all sorts of questions about IBM’s commitment to Buffalo. Has it pulled out? Working on a Plan B? None of the above? IBM isn’t saying. Neither is the Cuomo administration. In[...]

Posted 4 years ago

Oct 23

2019

Heaney talks data centers on ‘Pressroom

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Susan Arbetter and Jim Heaney discuss two Investigative Post stories that published this week regarding a proposal to build state-subsidized data centers in western and central New York. The interview aired on The Capitol Pressroom.  

Posted 5 years ago

Oct 23

2019

Questionable data center assumptions

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An alliance of environmental, community organizations and local governments support a plan to build massive data centers in two upstate towns, including Somerset in Niagara County.  Project backers contend the data centers would help the environment, provide jobs to displaced workers and replenish the tax coffers of local governments.  “It really is a win-win-win for the community, the environment and for workers,” Lisa Dix, senior New York campaign manager for Sierra Club’s Beyond Coal Campaign, told Investigative Post. There is reason to question those assumptions, however. The project calls for new steel structures to be built on the near-defunct coal[...]

Posted 5 years ago

Oct 22

2019

Data centers: Big subsidies, few jobs

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Subsidized data centers can be expensive propositions for taxpayers. They typically require hundreds of thousands of dollars in taxpayer assistance for every job created — and the price tag is sometimes much steeper. The cost of subsidizing data centers built over the past decade in Lockport, for example, worked out to $1.9 million per job. That’s far higher than the typical cost per job for a government-subsidized project. What’s more, there are few indications that data centers inspire other new businesses to enter a locale, said Greg LeRoy, executive director of Good Jobs First, a subsidy watchdog organization that has[...]

Posted 5 years ago

Oct 2

2019

Kate Kaye interview on WBFO’s Press Room

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Kate Kaye joined the Investigative Post reporting staff in August. She shared some initial observations about the lack of economic development on the city’s East Side with WBFO’s Jay Moran, who also quizzed Kaye on her previous reporting on technology.  

Posted 5 years ago

Sep 3

2019

Turning a blind eye to environmental risks

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You’d think that the construction of a million square feet of manufacturing space on a brownfield along the Buffalo River would warrant a thorough environmental investigation before shovels bit into the soil. And you’d be wrong. The Tesla plant in South Buffalo was built on a former Superfund site — once home to Republic Steel, Donner Hanna Coke and Feine Steel, among other historic industrial polluters. The site borders the environmental debacle that was (and is) the Hickory Woods residential development, which was poisoned by the use as fill of toxic materials created by those plants. Prior to its purchase[...]

Posted 5 years ago

Aug 19

2019

Cuomo names successor to Zemsky

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Update: When Investigative Post asked Howard Zemsky about his potential replacement as CEO of the Empire State Development Corp. on Friday, he said someone would be named “soon.” Today, Gov. Andrew Cuomo nominated ESD board member Eric Gertler to take over for Zemsky, once he is confirmed by the state Senate. Gertler, executive chairman of US News and World Report, previously served as executive VP of New York City Economic Development Corp. and as co-chair and co-publisher of New York Daily News. Howard Zemsky announced in May he was stepping down as the state’s economic development chief, but he remains on[...]

Posted 5 years ago
Investigative Post

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