Tag: Subsidies

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 10 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 11 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 11 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 11 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 11 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 12 months ago

Nov 8

2024

City Hall: No more money for Braymiller Market

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Braymiller Market in downtown Buffalo. Photo by Garrett Looker. The Buffalo Common Council is sending a new message to Braymiller Market, downtown’s struggling grocery store: If the business is going to fail, it better fail within the next year.  That way, University Common Council Member Rasheed N.C. Wyatt said, the city can recoup the $561,000 it loaned the business last year. Under the terms of the forgivable loan, the store must stay open for two years to avoid repaying the city. “If we can get our $561,000 before he closes, let’s get our $561,000 back because I think that can[...]

Posted 1 year ago

Oct 24

2024

Braymiller Market pays its delinquent taxes

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Braymiller’s grocery includes a deli. Photo by Garrett Looker. It took two formal warnings from the Erie County Industrial Development Agency and the threat of losing a key tax break, but Braymiller Market owner Stuart Green paid his overdue city taxes Wednesday. Green’s $8,200 payment, half his annual bill, was nearly three months late and was at least the third time he’d missed the deadline for paying his city property tax, according to city records. Under the terms of a 2019 package of tax breaks, which totaled $765,000, Bryamiller is responsible for paying 20 percent of its tax bill. John[...]

Posted 1 year ago
Investigative Post