Tag: Buffalo Billion

Mar 6

2025

Mega-subsidy deal for data center

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With subsidies totaling $3.9 million per job, the Genesee County Economic Development Center gave the green light Thursday to a massive data center project to locate at its STAMP industrial park. The industrial development agency’s board of directors unanimously approved a proposal by STREAM U.S. Data Centers to construct a 900,000 square foot data center at the rural business park north of Batavia. The firm will purchase nearly 60 acres of STAMP’s more than 1,200 acre footprint and build a server farm the size of 16 football fields. The subsidy package totals $472 million, primarily sales tax exemptions on computer[...]

Posted 4 months ago

Feb 24

2025

Subsides amounting to billions of dollars

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Politicians can’t throw enough money at Micron Technology to entice the company to build a microchip factory north of Syracuse. Ken Girardin of the Empire Center for Public Policy took a close look at the deal, and yikes, it is rich enough to make the Buffalo Billion deal that brought Tesla to South Buffalo look like a steal — which it wasn’t unless you’re Elon Musk. Micron is in line for subsidies worth more than $11 billion. That’s billion, not million. Among the goodies: Up to $5.5 billion in state tax credits. Tax abatements, sales and otherwise, of $4.9 billion. Property tax abatements that[...]

Posted 5 months ago

Feb 17

2025

Making the case for IDA reform

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There’s a case to be made for consolidating and reforming Western New York’s myriad of industrial development agencies into a single operation. There’s six alone in Erie County, another three in Niagara. Add the outlying counties and there’s no fewer than 16 of them. There’s too many of them. They compete against each other. They can’t resist the built-in conflict of interest in which they earn a commission if they approve a deal and get zilch if they don’t. Let’s face it, if they were effective, our regional economy would be in better shape. Greg LeRoy of Good Jobs First, who, for my[...]

Posted 5 months ago

Feb 12

2025

More subsidies for restaurateur accused of wage theft

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The  Niagara County Industrial Development Agency on Wednesday unanimously approved nearly $247,000 in tax breaks to a fast food operator being investigated on allegations of wage theft and other labor law violations. The IDA board did not discuss the allegations before granting the subsidy to Muhammad Shoaib, whose other fast food operations previously have received subsidies totaling close to a half million dollars. The latest round of assistance for Shoaib’s businesses comes as the state labor department probes allegations of wage theft made by several of his former employees. At least two have submitted complaints to the labor department that[...]

Posted 5 months ago

Feb 6

2025

Fate of Braymiller Market remains in limbo

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The now-shuttered Braymiller Market at 225 Ellicott Street. Photo by J. Dale Shoemaker The future of the downtown building once home to Braymiller Market remains in limbo. For one, Evans Bank is moving to foreclosure on the property as a way to recoup the multi-million dollar mortgage it granted to owner Stuart Green. The bank has begun “pre-foreclosure” proceedings, according to Common Council Majority Leader Leah Halton-Pope. At the same time, the Buffalo Urban Renewal Agency is weighing whether to call in a $561,000 loan the city granted to Braymiller Market in 2023. The money, meant to be a lifeline[...]

Posted 5 months ago

Feb 3

2025

Prospect of huge subsidies for data center at STAMP

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Around 50 people gathered at the Alabama fire hall for a series of public hearings about a data center locating at STAMP. Photo by J. Dale Shoemaker. TOWN OF ALABAMA — Three data centers vying to build at the STAMP industrial park in rural Genesee County are seeking subsidies worth anywhere from $838,000 to $3.9 million per job. The proposals were the subject of three public hearings Monday at which about two dozen nearby residents voiced their strong opposition. Concerns ran the gamut: Some speakers said data centers — via water runoff and noise — would harm the surrounding environment,[...]

Posted 5 months ago

Jan 30

2025

State investigating claims of ‘Falls wage theft

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The Moe’s and A&W owned by Muhammad Shoaib on Rainbow Boulevard. Photos by J. Dale Shoemaker. The New York State Department of Labor is investigating claims that a Niagara Falls fast food restaurateur failed to pay overtime and withheld tips from employees. Two former employees of Muhammad Shoaib’s fast food restaurants have filed a complaints with the labor department and one has since been contacted by an investigator. Other former employees said they are in the process of filing complaints of their own. In a statement, a labor department spokesperson confirmed that it was in receipt of complaints but declined[...]

Posted 5 months ago

Jan 23

2025

Subsidized ‘Falls restaurateur accused of wage theft

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A Niagara Falls business owner who is seeking a second round of tax breaks for his growing portfolio of fast food restaurants cheats workers out of wages and tips, nine current and former employees have told Investigative Post.  Muhammad Shoaib, who owns 10 fast food restaurants — including the Moe’s Southwest Grill, A&W Restaurant and Papa Johns Pizza in Niagara Falls — frequently fails to pay hourly employees overtime and managers the weekly minimum salary set in state law, six current and former employees said. Six employees also alleged that Shoaib has withheld thousands of dollars in credit card tips[...]

Posted 6 months ago
Investigative Post