Tag: Economy

Dec 14

2023

Lawsuit: Radioactive slag at affordable housing project

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A developer claims subcontractors used radioactive slag as construction fill at an affordable housing project just north of Buffalo’s medical campus. Now the developer wants the subcontractors, and the company that sold them the contaminated material, to pay $1.6 million for the cleanup, and other costs. The allegations were made in a lawsuit filed last week in federal court by the Buffalo-based McGuire PV Holdings, LLC. The company is in the midst of a years-long effort to revitalize the Pilgrim Village affordable housing complex, located between Michigan Avenue and Ellicott Street, across the street from Gates Vascular Institute. McGuire claims[...]

Posted 9 months ago

Nov 13

2023

State still spending money on Tesla factory

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If you thought New York was done spending money on the Tesla’s factory in South Buffalo, think again. Documents obtained by Investigative Post under the Freedom of Information Law have revealed a $29 million fund that state officials have allowed Tesla to spend on various projects around the plant.  The state has so far allowed Tesla to spend $1.4 million of the fund. The money has been spent on a new boiler, a rotary screw air compressor and additional truck parking.  There’s another eight projects on the to-do list and $27.4 million available. Requested projects include a new cafeteria, an[...]

Posted 10 months ago

Nov 6

2023

Hochul doubles down on a mistake

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Putting a huge industrial park in rural Genesee County was a mistake to begin with. The site was too rural. It lacked infrastructure. Auto dependent. That was the conclusion of a smart-growth analysis mandated by state law. State economic development officials used a loophole to green light the location anyway, and Steve Hyde and his Genesee County Economic Development Center went to work, thanks to some $43 million in state assistance. For nearly a decade, progress was slow. The site, known as STAMP, or Science Technology and Advanced Manufacturing Park, remained fields and farmland. No tenants were to be had.[...]

Posted 10 months ago

Nov 3

2023

More state money for embattled industrial park

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The state is investing an additional $56 million in the STAMP industrial park to finance the completion of infrastructure projects that are the subject of legal and regulatory disputes. Gov. Kathy Hochul on Thursday announced that Genesee County Economic Development Center, the economic development agency constructing  STAMP, will receive $56 million for various infrastructure projects. They  include an on-site wastewater treatment facility and pump station, a nine-mile sewage transmission line, a water main, natural gas lines and road improvements. The Genesee County EDC has been building STAMP’s infrastructure for several years. Some of the work has run into legal or[...]

Posted 10 months ago

Sep 27

2023

Orleans County doubles down on pipeline opposition

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Orleans County lawmakers, already engaged in a legal battle over a wastewater pipeline for a major Genesee County industrial park, adopted a resolution on Tuesday that solidified the county’s position, further entrenching the government against the neighboring economic development agency. Orleans County two weeks ago sued the Genesee County Economic Development Center — that county’s industrial development agency — in State Supreme Court over a sewage line for the Science, Technology and Advanced Manufacturing Park [STAMP] located in Genesee County’s Town of Alabama. The county asserts the Genesee County EDC has illegally pursued and funded eminent domain proceedings on its[...]

Posted 12 months ago

Sep 14

2023

Lockport IDA subsidies likely despite AI fake

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In July, a plastics manufacturer gave the Lockport Industrial Development Agency a fake study generated by artificial intelligence to support its request for subsidies. Thursday, the IDA signaled that it’s prepared to give the company $312,000 in tax breaks anyway. Two months ago, SRI CV Plastics gave the IDA’s board of directors an abstract and citation for a study that purported to show the safety and benefits of PVC pipes, which the company wanted to manufacture. A group of 48 environmental groups are protesting the project, arguing that a public agency in New York should not be subsidizing a plastics[...]

Posted 12 months ago

Sep 11

2023

A high-stakes battle between WNY counties

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In an unusual move, one Western New York county has sued a neighboring county’s industrial development agency in an effort to stop a key component a major economic development project. Orleans County filed a complaint Monday in state Supreme Court against the Genesee County Economic Development Center, seeking an injunction to stop the construction of a wastewater pipeline that will service the Science, Technology and Advanced Manufacturing Park, known as STAMP. The Genesee County EDC “started construction without having all their ducks in a row and did so at their own risk,” Jennifer Persico, an attorney representing Orleans County, wrote[...]

Posted 12 months ago

Sep 3

2023

Monday Morning Read

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You could have read this yesterday if you subscribed – for free – to WeeklyPost. Sign up here. Buffalo Business First last week published a list of 60 companies that have received funding over the past eight years through the 43North program, which is intended to promote the growth of start-up businesses in Western New York. (Data could not be located on four others.) The list was accompanied by an in-depth story. I’ve done a lot of reporting in the past on economic development, for both Investigative Post and The Buffalo News, and took a deeper dive into the data. (It was fun to[...]

Posted 1 year ago
Investigative Post