Sentences with phrase «economic development arm»

And, as the city's economic development arm notes, residents can reach 80 % of the U.S. and Canadian populations within a one - day drive.

The STAMP is one of several sites upstate that Empire State Development, the state's economic development arm, has been supporting with grants to make them «shovel ready» for potential high - profile tenants.

Until that happens, we look back at the scandals that hit the state's economic development arm including the indictment of Andrew Cuomo's close ally Joe Percoco, the investigations surrounding NYC Mayor Bill de Blasio, and the never - ending storyline of who will control the state senate.

Howard Zemsky, CEO of Empire State Development, the state's economic development arm, said during ESD's monthly board meeting Thursday in New York City that his staff have been working to rewrite the bylaws of the two entities, Fort Schuyler Management Corp. and Fuller Road Management Corp..

Unlike most other SUNY Poly projects across upstate, the film hub did not get money from Empire State Development, the state's economic development arm.

Just last week, a spokesman for the Empire State Development Corp., the state's economic development arm, declined to comment on the idea.

G. Thomas Tranter Jr., president of Corning's economic development arm, said that the $ 113 million figure «far exceeds reality,» but declined to provide a different number, arguing that «it is inaccurate to assign monetary values to incentives.»

«We're going right at that by creating tax - free zones,» Whatley, former global head of corporate real estate at Morgan Stanley, said in a teleconference with reporters and Kenneth Adams, president and CEO of Empire State Development, the state's economic development arm.

This week, Empire State Development (ESD), the state's economic development arm, approved land banks for:

In an April 12 letter to the FCC, Howard Zemsky, CEO of Empire State Development, the state's economic development arm, and Audrey Zibelman, chair of the state Public Service Commission, said the «prolonged timeline» of the FCC's auction plan «presents challenges» to upstate communities that are without high - speed internet.

After the Sept. 22 arrest of SUNY Poly president Alain Kaloyeros on state and federal corruption charges, Empire State Development, the state's economic development arm, took control of SUNY Poly's construction projects across the state.

Gov. Andrew Cuomo's economic development arm, the Empire State Development Corp., committed to loaning $ 138 million, but even the state's word wasn't good enough.

New York state's economic development arm announced last week that it had rejected proposals to redevelop a former prison in Saratoga County.

Update: Robert Megna, president of Fort Schuyler Management Corp., said in a statement issued through Empire State Development, the state's economic development arm, on Wednesday that the corporation «will not be commenting on any ongoing litigation.»

A former high - ranking official with the state's economic development arm is the subject of a pending sexual harassment investigation.

McLoughlin said Empire State Development, the state's economic development arm, was preparing to give the school $ 31 million.

Empire State Development, the state's economic development arm, bought the Hotel Niagara in 2016 from JSK International Corp. for $ 4.4 million after previous attempts at restoring the hotel failed for lack of funding.

Last year, Empire State Development, the state's economic development arm, approved a $ 38.5 million grant to help pay the debt on its NanoFab X building and get the building ready for new tenants after a major research program there involving SUNY Poly and several large computer chip makers ended in 2016.

The Port of Albany and Fuller Road Management Corporation — an economic development arm of SUNY Polytechnic Institute — also contribute $ 500,000 annually, agreements reached two years ago as well.

Empire State Development Corp., the state's economic development arm, was required to release the 2015 numbers by April 1.

Howard Zemsky, the CEO of Empire State Development, Cuomo's economic development arm, is planning to explain the changes at the November board meeting of the ESD board, which could be as early as next week.

Four Oscar - nominated films, including best picture nominee «Manchester by the Sea,» reaped taxpayer - funded benefits from New York, according to the state's economic development arm.

CHESTER — Assemblyman James Skoufis (D - Woodbury) blasted the recent news that New York's economic development arm awarded $ 21 million in incentives to NBC's «The Tonight Show» under the illusion that it was needed to keep the show hosted in the state.

Unlike most other SUNY Poly projects across upstate, the Film Hub did not get its grant money from Empire State Development, the state's economic development arm.

The memo said that the Empire State Development Corp., the state's economic development arm, had received a subpoena that «requests documents relating to projects and activities» related to the Buffalo Billion.

Officials at Empire State Development, the state's economic development arm, say Donnelly has not submitted required documentation on how the money will be spent and that he has failed to come up with sufficient private financing for the $ 40 million project.

Assemblyman James Skoufis, a Hudson valley Democrat, blasted the recent news that New York's economic development arm awarded $ 21 million in incentives to NBC's «The Tonight Show» under the illusion that it was needed to keep the show hosted in the state.

The businessmen, Steven Aiello and Joseph Gerardi of Syracuse - based COR Development, wanted to build a parking lot as part of their plans to redevelop Syracuse's Inner Harbor, a project that received $ 1.5 million in funding from Empire State Development, the state's economic development arm.

to consider a total of $ 559 million in grant and loan requests by Empire State Development Corp., the state's economic development arm.

Griffo suggested that a way to regain the focus on academics could be to split the leadership role, or house the economic development arm in a separate school or institution under the purview of the SUNY Poly president.

Hizzoner said Wednesday that the city's Economic Development Corp. will turn over the lease to the property that Messier and developer Ken Parker's company, KNIC, needs to break ground once the state's economic development arm formally authorizes a $ 108 million loan for the first phase that was included in his state budget.

For the past month, the economic development arms of both cities had been putting together separate packages.

Not exact matches

As he points out, when a review of the city finances under Mayor David Miller called for improved economic development, Toronto created Build Toronto and Invest Toronto, arms - lengths organizations with a «mandate from the mayor and council... that the city is indeed open for business.»

Just five months later, the company raised another $ 16 million in a Series A funding round, which included Highland Capital Partners, Fontinalis Partners — the VC firm co-founded by Bill Ford — Signal Ventures, EDBI, the dedicated corporate investment arm of the Singapore Economic Development Board, and Samsung Ventures.

Given the absence of a public trading market of our common stock, and in accordance with the American Institute of Certified Public Accountants Accounting and Valuation Guide, Valuation of Privately - Held Company Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic outlook.

The Center is part of the University of Arkansas and serves as the trade promotion arm for the Arkansas Economic Development Commission.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

But the potential disbursement of funds through an arm of SUNY Polytechnic comes as economic development projects throughout the state are coming under scrutiny from federal investigators over how contracts are awarded.

The unique situation stems from the dual role of SUNY Poly as both an academic institution and an integral part of the state's economic development efforts, with arms spanning the length of the Thruway from Albany to Buffalo, bringing in hundreds of millions in state and private funding.

As the Corporate Social Responsibility arm of the UBA Group, UBA Foundation is committed to the socio - economic betterment of the communities in which UBA operates, focusing on development in the areas of Environment, Education, Economic Empowerment and Special Peconomic betterment of the communities in which UBA operates, focusing on development in the areas of Environment, Education, Economic Empowerment and Special PEconomic Empowerment and Special Projects.

Empire State Development had been providing much of SUNY Poly's funding for economic development projects, but it was the college's nonprofit real estate arms — which are not subject to the same checks and balances as state agencies — that negotiated contracts and paDevelopment had been providing much of SUNY Poly's funding for economic development projects, but it was the college's nonprofit real estate arms — which are not subject to the same checks and balances as state agencies — that negotiated contracts and padevelopment projects, but it was the college's nonprofit real estate arms — which are not subject to the same checks and balances as state agencies — that negotiated contracts and paid vendors.

Indeed, Cuomo insisted to reporters the reporting under the state's economic development programs is «robust» and the change in the budget won't impact reporting to the Empire State Development Corp., an arm of his admidevelopment programs is «robust» and the change in the budget won't impact reporting to the Empire State Development Corp., an arm of his admiDevelopment Corp., an arm of his administration.

As the Corporate Social Responsibility arm of the UBA Group, UBA Foundation is committed to the socio - economic betterment of communities across the African continent focusing on development in the areas of Environment, Education, Economic Empowerment and Special Peconomic betterment of communities across the African continent focusing on development in the areas of Environment, Education, Economic Empowerment and Special PEconomic Empowerment and Special Projects.

Hear him: «Let me assure you that if I am elected President, the world will have no cause to worry about Nigeria as it has had to recently; that Nigeria will return to its stabilising role in West Africa; and that no inch of Nigerian territory will ever be lost to the enemy because we will pay special attention to the welfare of our soldiers in and out of service; we will give them adequate and modern arms and ammunition to work with; we will improve intelligence gathering and border controls to choke Boko Haram's financial and equipment channels; we will be tough on terrorism and tough on its root causes by initiating a comprehensive economic development plan promoting infrastructural development, job creation, agriculture and industry in the affected areas.

ALBANY — In the foothills of the struggling Catskills, Greene County legislators are up in arms that their county economic development chief is getting annual bonuses that dwarf his $ 130,000 salary.

IRS documents show that Bray's compensation grew substantially over the years, peaking at $ 591,451 in 2008, including a $ 418,726 bonus from Crossroads Incubator Corp., another private arm of the county's economic development program.

Beyond the governor's office, investigators have subpoenaed agencies that regulate solar power and implement solar initiatives, the State University of New York Polytechnic Institute, which has been the guiding force in a number of state - backed high - tech ventures, and Empire State Development Corp., the state's economic - develDevelopment Corp., the state's economic - developmentdevelopment arm.

Mayor Bloomberg came armed with a numbing number of sea «jokes» including praise for «Admiral Kate Levin,» the city's Cultural Affairs commish, and «Commodore Seth Pinsky,» who runs the Economic Development Corp..

James Patchett is the President and CEO of the New York City Economic Development Corporation, the city's nonprofit arm dedicated to spurring job and industry growth, managing special

ALBANY — The new leader of two arms of SUNY Polytechnic Institute implicated in a bid - rigging scheme last year said a legislative push to pre-audit its economic development activities would just slow it down.