Jul 8
2021
Rich subsidies for low-wage jobs
Generating business growth in downtown Niagara Falls has proven to be a challenge for years. A state agency charged with job creation has adopted a unique approach, even by Western New York standards. The state-run USA Niagara Development Corp. gave Buffalo-based T.M. Montante Development four properties valued at nearly $1 million in the city’s Third Street business district. Now, as the company plans to renovate and reopen two Third Street buildings— one as a small event center and the other as a brewery and restaurant— state and county economic development officials are preparing to sweeten the pot with $1.7 million[...]