Tag: economic development

Sep 18

2017

SolarCity’s expanded escape clause

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Tesla CEO Elon Musk was bullish about Buffalo on a call with investors last month. “We made that commitment to the state of New York,” he said, describing the company’s plan to hire thousands at a huge factory opening in Buffalo that was built at taxpayer expense. “We are going to keep that commitment.” In late 2015, though – before SolarCity was bought by Tesla – the contract that governs the company’s commitment to New York was tweaked to give it more ways out of the deal if its business goes south. Added to the list of reasons SolarCity could[...]

Posted 7 years ago

Jul 13

2017

Heaney talks transit extension on ‘Pressroom

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Jim Heaney discusses two recent stories done by Investigative Post on the proposed extension of Metro Rail and Buffalo’s continuing lead poisoning crisis. Heaney explained to Susan Arbetter of The Capitol Pressroom why he thinks the rail extension is a bad idea and chastises city and county officials for their failure to address lead poisoning with a greater sense of urgency.

Posted 7 years ago

Jul 12

2017

Hurdles ahead for Metro Rail extension

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An extension of Buffalo’s light rail system to Amherst is as close as it’s ever been – which still isn’t very close. The plan gained momentum when Gov. Cuomo threw his support behind it in his State of the State earlier this year, as part of the second phase of the Buffalo Billion initiative. Still, the decision to build an extension has not yet been made, said Thomas George, director of public transit for the Niagara Frontier Transportation Authority. “We’re not moving along in a process to the construction, we’re moving along in the evaluation process,” he said. “It’s absolutely not[...]

Posted 7 years ago

Jul 5

2017

Heaney talks “corruption coalition” on ‘Pressroom

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Jim Heaney tells Susan Arbetter of The Capitol Pressroom there’s a “corruption coalition” at play in Albany that explains the failure of the state Legislature to reform New York’s troubled economic development programs. Heaney also discusses the challenges faced by  investigative reporting.

Posted 7 years ago

May 23

2017

Perks of LPCiminelli’s Buffalo Billion contract

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It was an expensive dinner after a long day of meetings on the SolarCity project. A senior executive at LPCiminelli, the company building the factory, ate at an upscale Italian restaurant in Albany, joined by two architects working on the project. The cost of the meal topped $120 each. That night, LPCiminelli picked up the tab. But, ultimately, state taxpayers footed the bill. A few months later, the company listed the meal as a reimbursable expense under its contract to build the vast solar panel factory, the marquee project of the governor’s Buffalo Billion initiative, and was paid back, in[...]

Posted 7 years ago

May 12

2017

Most new jobs in low wage sectors

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The good news: Buffalo Niagara is adding jobs at a faster clip than it has in a long time, albeit at a slower pace than the nation as a whole. The bad news: three-quarters of these new jobs are in sectors that generally don’t pay well. The biggest job creator across the region is restaurants and bars. The problems don’t end there: There’s been precious little growth in middle-income jobs and the region is actually losing technology jobs that tend to pay well and spin off a lot of business activity. Experts say the biggest economic challenge facing the region[...]

Posted 7 years ago

May 11

2017

Buffalo Niagara’s middling job gains

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To hear Gov. Andrew Cuomo tell it, the Western New York economy is a “national success story.” Indeed, there has been improvement during his six years in office, including the addition of 29,500 jobs and a drop in the unemployment rate. But while Buffalo Niagara is faring well against its sorry history, the region’s recovery is modest by national standards, an Investigative Post analysis found. Its job growth during the Cuomo years is one-half to one-quarter the national average, depending on which statistics you use. And half the drop in the unemployment rate can be attributed to a shrinking workforce,[...]

Posted 7 years ago

Mar 30

2017

Heaney talks subsidy reform in ‘Pressroom

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Continuing a discussion that started Tuesday on Capitol Pressroom, Jim Heaney and Susan Arbetter discuss the “State of Subsidies” series published this week by Investigative Post in partnership with ProPublica and the Columbia University Graduate School of Journalism.

Posted 7 years ago
Investigative Post

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