Tag: economic development

Sep 17

2015

Contamination a challenge on Outer Harbor

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The state’s leaner and greener plan for the Outer Harbor still has some obstacles to overcome, chief among them the contamination of 60 acres adjacent to properties targeted for residential and commercial development. As Investigative Post reported in March, about 40 percent of the soil samples taken on the parcel detected contamination levels that made it unsafe for use as a park. The standards would be even stricter for using the property for residential purposes. If that’s not bad enough, one acre in the parcel is a partly remediated Superfund with a restriction against residential development. Officials concede it’s going to[...]

Posted 9 years ago

Aug 26

2015

Labor groups protest hotel subsidies

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Around 100 people from local labor groups gathered Wednesday morning to protest the Niagara County Industrial Development Agency’s awarding of tax breaks to hotels. They say low-cost hotels like the Budget Inn on Niagara Falls Boulevard, where the protest was held, should not receive subsidies because they don’t create good-paying jobs. The protest was organized by the Coalition for Economic Justice. Investigative Post reported on the subsidies in January, documenting how the IDA’s indiscriminate granting of tax breaks to hotels defied the recommendations of a 2011 study commissioned by the state. That study found that the city had already had a “glut” of lower-end hotel[...]

Posted 9 years ago

Jul 28

2015

State relents on Buffalo Billion records

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I interrupt the state’s incessant stonewalling of my efforts to use public records to track the Buffalo Billion program to report some progress. Cuomo administration officials, for more than a year, refused to release documents related to the selection of LPCiminelli to develop SolarCity’s sprawling plant in South Buffalo. The SUNY Research Foundation and the Fort Schuyler Management Corp. went to great lengths to thwart my efforts to obtain records under the state Freedom of Information Law, as I documented in December. Alain Kaloyeros and his associates at Fort Schuyler wouldn’t budge when the state Committee on Open Government issued[...]

Posted 9 years ago

Jun 24

2015

Demone Smith promoted despite violations

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Demone Smith’s long history of violating the state elections law hasn’t stopped Mayor Byron Brown from appointing him to a key position in his cabinet. Smith, majority leader of the Common Council and a political ally of the mayor, starts next week as executive director of the Buffalo Employment and Training Center. The center matches employers with city and county residents seeking jobs. Over the past decade, Smith has failed to file campaign disclosure reports on time 28 times. That’s prompted the state Board of Elections to impose seven penalties, five of which remain unpaid. Smith owes $3,382 in penalties.[...]

Posted 9 years ago

Jun 22

2015

Shenanigans beset Buffalo Billion

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Editors note: A version of the following story published this past weekend in the Rochester Democrat & Chronicle, Albany Times Union, Binghamton Press & Sun-Bulletin, and Poughkeepsie Journal. The accompanying video was co-produced with WGRZ.  Editorials calling for greater transparency in the program were subsequently published by the Democrat & Chronicle and Times Union. The Buffalo Billion program championed by Gov. Andrew Cuomo is a bold and costly experiment in economic development that is beset by secrecy and politics, and banking on a company with a history of losing money. The program — hailed in Buffalo but resented across much of the rest of New[...]

Posted 9 years ago

Jun 17

2015

SolarCity update: Progress and problems

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Construction of the massive $750 million solar panel manufacturing plant is approaching the half-way point and SolarCity is starting to hire in anticipation of a phase in of operations early next year. Meanwhile, the company is losing record amounts of money, its stock price is languishing and federal investigators continue to look at some of its past dealings out of state. New York officials, for their part, continue to thwart efforts to open the SolarCity project to public scrutiny.

Posted 9 years ago

Apr 29

2015

Yahoo’s sky-high subsidies

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Everyone in these parts has heard of the Buffalo Billion. Overlooked is another government subsidy program that could be called the Lockport Half-Billion. By any standard, the incentives granted Yahoo to build a data and call center in Lockport are generous. Consider that the Yahoo subsidies: Will cost up to $478 million to build a single facility that employs 200 people. The Buffalo Billion, by comparison, will finance the construction of three major facilities projected to create some 3,750 jobs and underwrite several dozen smaller projects. Work out to $2.4 million per job – an “astronomical” figure in the words[...]

Posted 9 years ago

Mar 26

2015

Panel split on need for new Bills stadium

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A new stadium for the Buffalo Bills would cost $1 billion to construct and require up to $600 million in public infrastructure improvements, an entrepreneur who has proposed building a facility on the Outer Harbor says. A new Bills stadium was the topic of discussion for a panel of speakers Wednesday during a happy hour discussion at Allen Street Hardware sponsored by Investigative Post. But do the Bills really need one, especially considering the $130 million in renovations to Ralph Wilson stadium that the team unveiled this past season? “Absolutely yes,” said George Hasiotis, vice president of the Greater Buffalo Sports &[...]

Posted 9 years ago
Investigative Post

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